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Recruit (OTCMKTS:RCRRF) Shares Gap Up - What's Next?

Recruit logo with Business Services background

Key Points

  • Recruit Holdings Co., Ltd. shares gapped up significantly from $57.63 to $64.84 before trading began on Tuesday, reflecting a strong market interest in the stock.
  • The company has a market capitalization of $104.37 billion and operates primarily in HR technology and business solutions across three segments.
  • Recruit's current price-to-earnings ratio stands at 42.10, indicating a relatively high valuation compared to its earnings.
  • MarketBeat previews the top five stocks to own by August 1st.
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Recruit Holdings Co., Ltd. (OTCMKTS:RCRRF - Get Free Report) gapped up prior to trading on Tuesday . The stock had previously closed at $57.63, but opened at $64.84. Recruit shares last traded at $64.84, with a volume of 216 shares changing hands.

Recruit Stock Performance

The business's 50 day moving average price is $56.93 and its 200 day moving average price is $58.77. The firm has a market cap of $104.37 billion, a price-to-earnings ratio of 42.10 and a beta of 1.59.

Recruit Company Profile

(Get Free Report)

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.

Further Reading

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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