Recruit (OTCMKTS:RCRUY) Shares Gap Up - Should You Buy?

Key Points

• Recruit Holdings Co., Ltd. shares gapped up to $12.21 from a previous close of $11.66 and traded at $11.98 with a volume of 22,144 shares.
• The company received a rating upgrade from Goldman Sachs, moving from a "hold" to a "buy" rating as of July 27th.
• Recruit reported a quarterly EPS of $0.58 against revenue of $6.08 billion, falling short of the expected $6.13 billion.

Recruit Holdings Co., Ltd. (OTCMKTS:RCRUY - Get Free Report)'s share price gapped up before the market opened on Tuesday . The stock had previously closed at $11.66, but opened at $12.21. Recruit shares last traded at $11.98, with a volume of 22,144 shares traded.

Analyst Upgrades and Downgrades

Separately, The Goldman Sachs Group upgraded Recruit from a "hold" rating to a "buy" rating in a research report on Sunday, July 27th.

Recruit Stock Performance

The firm has a market capitalization of $94.09 billion, a price-to-earnings ratio of 14.16 and a beta of 1.64. The company has a 50-day moving average of $11.36 and a 200-day moving average of $11.61.

Recruit (OTCMKTS:RCRUY - Get Free Report) last released its quarterly earnings data 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 25.24%. The firm had revenue of $6.08 billion during the quarter, compared to analysts' expectations of $6.13 billion. As a group, analysts anticipate that Recruit Holdings Co., Ltd. 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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