Recruit (OTCMKTS:RCRUY) Shares Gap Down - Time to Sell?

Key Points

• Recruit Holdings Co., Ltd. shares gapped down from $11.28 to $10.86 but rebounded slightly to $11.30 with a trading volume of 2,609 shares.
• Analysts have upgraded Recruit's rating from "hold" to "buy", resulting in a consensus rating of "Buy" according to MarketBeat.
• For the last quarter, Recruit reported an earnings per share (EPS) of $0.58 and revenue of $6.08 billion, slightly below the anticipated $6.13 billion.

Recruit Holdings Co., Ltd. (OTCMKTS:RCRUY - Get Free Report) gapped down prior to trading on Thursday . The stock had previously closed at $11.28, but opened at $10.86. Recruit shares last traded at $11.30, with a volume of 2,609 shares.

Analyst Ratings Changes

Separately, The Goldman Sachs Group raised Recruit from a "hold" rating to a "buy" rating in a report on Sunday, July 27th. One investment analyst has rated the stock with a Buy rating, According to MarketBeat, Recruit has a consensus rating of "Buy".

Recruit Stock Up 1.2%

The stock has a market capitalization of $89.22 billion, a price-to-earnings ratio of 13.42 and a beta of 1.58. The company has a 50 day moving average of $11.63 and a 200 day moving average of $11.36.

Recruit (OTCMKTS:RCRUY - Get Free Report) last announced its quarterly earnings data on Tuesday, August 5th. The company reported $0.58 earnings per share (EPS) for the quarter. Recruit had a return on equity of 26.14% and a net margin of 12.00%.The firm had revenue of $6.08 billion for the quarter, compared to analysts' expectations of $6.13 billion. On average, research analysts forecast that Recruit Holdings Co., Ltd. will post 0.36 earnings per share for the current fiscal year.

About Recruit

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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