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

Key Points

• Recruit gapped up pre-market, opening at $42.4460 after a $40.4580 close and last trading around $41.4050 on a light volume of 3,151 shares.
• The stock trades well below its technicals, with a 50-day SMA of $49.53 and 200-day SMA of $52.16, while market cap is about $68.02 billion, P/E 27.44 and beta 1.59.
• Recruit Holdings is a Japan-based provider of human resources, staffing and information services operating global career platforms, staffing operations and HR-related software and data services.

Recruit Holdings Co., Ltd. (OTCMKTS:RCRRF - Get Free Report) gapped up prior to trading on Thursday . The stock had previously closed at $40.4580, but opened at $42.4460. Recruit shares last traded at $41.4050, with a volume of 3,151 shares changing hands.

Recruit Price Performance

The business's 50 day simple moving average is $49.53 and its 200-day simple moving average is $52.16. The stock has a market capitalization of $68.02 billion, a P/E ratio of 27.44 and a beta of 1.59.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.