Recruit Holdings Co., Ltd. (OTCMKTS:RCRUY) Sees Large Decline in Short Interest

Key Points

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Recruit Holdings Co., Ltd. (OTCMKTS:RCRUY - Get Free Report) saw a large decrease in short interest during the month of April. As of April 15th, there was short interest totaling 590,564 shares, a decrease of 71.2% from the March 31st total of 2,048,273 shares. Approximately 0.0% of the company's stock are sold short. Based on an average daily trading volume, of 3,823,861 shares, the days-to-cover ratio is presently 0.2 days.

Recruit Trading Down 2.4%

Shares of RCRUY opened at $9.14 on Friday. The company has a market cap of $67.29 billion, a price-to-earnings ratio of 10.27 and a beta of 1.63. Recruit has a 1-year low of $7.57 and a 1-year high of $12.66. The company's fifty day simple moving average is $8.57 and its 200 day simple moving average is $9.86.

Recruit (OTCMKTS:RCRUY - Get Free Report) last announced its quarterly earnings results on Monday, February 9th. The company reported $0.13 EPS for the quarter. Recruit had a net margin of 12.85% and a return on equity of 30.37%. The firm had revenue of $6.12 billion during the quarter, compared to analysts' expectations of $6.03 billion. As a group, research analysts forecast that Recruit will post 0.39 earnings per share for the current year.

Recruit Company Profile

Recruit Holdings Co, Ltd. OTCMKTS: RCRUY is a Japan-based provider of human resources and information services that operates a diversified portfolio of staffing, recruitment and consumer-facing platforms. Headquartered in Tokyo, the company builds and runs digital marketplaces and service businesses that connect employers with job seekers, support corporate HR functions, and offer related marketing and consumer services in areas such as lifestyle and local search.

The company’s principal activities include online job search and employer branding platforms, temporary and permanent staffing, recruitment process outsourcing, and HR technology solutions.

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