Recruit (OTCMKTS:RCRRF) Shares Gap Down - Here's Why

Key Points

• Shares gapped down — Recruit opened at $39.57 versus a prior close of $41.8020 and last traded at $39.5620 on light volume (2,129 shares).
• Technicals and valuation — The stock has a market cap of $67.37 billion and a P/E of 27.18, and is trading below its 50-day ($46.27) and 200-day ($50.99) simple moving averages.
• Business summary — Recruit Holdings is a Japan-based provider of HR, staffing and online recruitment platforms that connects employers and jobseekers globally.

Shares of Recruit Holdings Co., Ltd. (OTCMKTS:RCRRF - Get Free Report) gapped down before the market opened on Wednesday . The stock had previously closed at $41.8020, but opened at $39.57. Recruit shares last traded at $39.5620, with a volume of 2,129 shares trading hands.

Recruit Trading Up 0.1%

The stock has a market capitalization of $67.37 billion, a P/E ratio of 27.18 and a beta of 1.59. The business has a fifty day simple moving average of $46.27 and a 200 day simple moving average of $50.99.

Recruit Company Profile

Recruit Holdings Co, Ltd. is a Japan-based provider of human resources, staffing and information services that connects employers and jobseekers through a mix of technology platforms, staffing operations and media services. The company operates a broad suite of recruitment-related offerings, spanning online job search, placement services, temporary staffing and employer advertising, aiming to streamline hiring and workforce management for organizations of varying sizes and industries.

Its product and service set includes global career platforms and job boards, staffing and talent-sourcing operations, and HR-related software and data services that support talent acquisition and employer branding.

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