Recruit (OTCMKTS:RCRUY) Trading Down 4.8% - Should You Sell?

Key Points

• Recruit Holdings Co., Ltd. shares fell by 4.8% to $10.41, with trading volume significantly down by 50% compared to average levels.
• Goldman Sachs upgraded Recruit's rating from "hold" to "buy," with only one equities research analyst currently rating the stock as "buy."
• The company reported a net margin of 12.00% and revenue of $6.08 billion in its last quarterly earnings, which was slightly below the consensus estimate.

Recruit Holdings Co., Ltd. (OTCMKTS:RCRUY - Get Free Report) shares dropped 4.8% on Monday . The stock traded as low as $10.33 and last traded at $10.41. Approximately 256,314 shares were traded during trading, a decline of 50% from the average daily volume of 515,947 shares. The stock had previously closed at $10.94.

Wall Street Analyst Weigh In

Separately, The Goldman Sachs Group raised shares of Recruit from a "hold" rating to a "buy" rating in a research note on Sunday, July 27th. One equities research analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock has an average rating of "Buy".

Recruit Trading Down 1.8%

The company has a market capitalization of $83.97 billion, a P/E ratio of 12.63 and a beta of 1.58. The business's 50-day simple moving average is $11.60 and its 200 day simple moving average is $11.25.

Recruit (OTCMKTS:RCRUY - Get Free Report) last announced 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 26.14%. The firm had revenue of $6.08 billion for the quarter, compared to the consensus estimate of $6.13 billion. As a group, sell-side analysts predict 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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