Recruit Holdings Co., Ltd. (OTCMKTS:RCRUY) Short Interest Update

Key Points

• Recruit Holdings experienced a significant 29.3% decline in short interest, dropping to 49,500 shares as of September 15th from 70,000 shares in August.
• The company has received a "buy" rating from Goldman Sachs, indicating positive growth expectations, with an average rating of "Buy" from analysts.
• Recruit's stock price increased by 4.4%, with current trading around $10.69 and a market capitalization of approximately $83.59 billion.

Recruit Holdings Co., Ltd. (OTCMKTS:RCRUY - Get Free Report) was the recipient of a large decline in short interest in the month of September. As of September 15th, there was short interest totaling 49,500 shares, a decline of 29.3% from the August 31st total of 70,000 shares. Based on an average daily volume of 620,300 shares, the short-interest ratio is presently 0.1 days. Based on an average daily volume of 620,300 shares, the short-interest ratio is presently 0.1 days.

Wall Street Analysts Forecast Growth

Separately, The Goldman Sachs Group upgraded shares of Recruit from a "hold" rating to a "buy" rating in a research report on Sunday, July 27th. One analyst has rated the stock with a Buy rating, According to MarketBeat.com, Recruit currently has an average rating of "Buy".

Recruit Stock Up 4.4%

RCRUY opened at $10.69 on Monday. The stock has a market capitalization of $83.59 billion, a price-to-earnings ratio of 12.58 and a beta of 1.60. Recruit has a twelve month low of $8.95 and a twelve month high of $15.97. The company has a 50-day simple moving average of $11.52 and a 200 day simple moving average of $11.24.

Recruit (OTCMKTS:RCRUY - Get Free Report) last released its earnings results on Tuesday, August 5th. The company reported $0.58 EPS for the quarter. Recruit had a net margin of 12.00% and a return on equity of 26.14%. The firm had revenue of $6.08 billion for the quarter, compared to analyst estimates of $6.13 billion. Sell-side analysts anticipate that Recruit will post 0.36 EPS for the current fiscal year.

Recruit Company Profile

Recruit Holdings Co, Ltd. provides HR technology and business solutions that transforms the world of work. It operates through three segments: HR Technology, Matching & Solutions, and Staffing. The HR Technology segment provides various technological solutions that help job seekers and employers in navigating hiring and recruitment.

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