Short Interest in Recruit Holdings Co., Ltd. (OTCMKTS:RCRUY) Expands By 207.0%

Recruit Holdings Co., Ltd. (OTCMKTS:RCRUY) saw a large growth in short interest during the month of July. As of July 15th, there was short interest totaling 892,393 shares, a growth of 207.0% from the June 30th total of 290,660 shares. Based on an average daily volume of 1,111,590 shares, the days-to-cover ratio is presently 0.8 days. Currently, 0.0% of the company’s stock are sold short.

Recruit Stock Performance

Shares of OTCMKTS RCRUY opened at $14.66 on Monday. The company has a market capitalization of $107.93 billion, a price-to-earnings ratio of 15.93 and a beta of 1.72. Recruit has a twelve month low of $7.57 and a twelve month high of $16.50. The business has a 50 day simple moving average of $13.97 and a 200-day simple moving average of $11.00.

Recruit (OTCMKTS:RCRUY) last announced its quarterly earnings data on Friday, May 15th. The company reported $0.09 earnings per share (EPS) for the quarter. The firm had revenue of $6.12 billion for the quarter, compared to analysts’ expectations of $5.72 billion. Recruit had a return on equity of 32.62% and a net margin of 13.47%. As a group, equities analysts predict that Recruit will post 0.53 earnings per share for the current year.

Analyst Ratings Changes

Separately, Zacks Research upgraded Recruit from a “hold” rating to a “strong-buy” rating in a research note on Friday, June 12th. One investment analyst has rated the stock with a Strong Buy rating, According to data from MarketBeat, the company has a consensus rating of “Strong Buy”.

About Recruit

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.