Recruit (OTCMKTS:RCRUY) Shares Down 7.5% – Here’s What Happened

Recruit Holdings Co., Ltd. (OTCMKTS:RCRUY) shares dropped 7.5% during mid-day trading on Friday . The company traded as low as $7.72 and last traded at $8.0350. Approximately 155,361 shares traded hands during trading, a decline of 80% from the average daily volume of 760,257 shares. The stock had previously closed at $8.69.

Recruit Price Performance

The firm has a market capitalization of $67.64 billion, a P/E ratio of 9.72 and a beta of 1.66. The company has a fifty day moving average of $10.86 and a 200 day moving average of $10.87.

Recruit (OTCMKTS:RCRUY) last issued its quarterly earnings results on Monday, February 9th. The company reported $0.13 earnings per share (EPS) for the quarter. Recruit had a net margin of 12.85% and a return on equity of 30.40%. The firm had revenue of $6.12 billion for the quarter, compared to the consensus estimate of $6.03 billion. On average, sell-side analysts forecast that Recruit Holdings Co., Ltd. will post 0.36 EPS for the current year.

Recruit Company Profile

Recruit Holdings Co, Ltd. (OTCMKTS: RCRUY) is a Japan-based provider of human resources and information services that operates a diversified portfolio of staffing, recruitment and consumer-facing platforms. Headquartered in Tokyo, the company builds and runs digital marketplaces and service businesses that connect employers with job seekers, support corporate HR functions, and offer related marketing and consumer services in areas such as lifestyle and local search.

The company’s principal activities include online job search and employer branding platforms, temporary and permanent staffing, recruitment process outsourcing, and HR technology solutions.