Short Interest in Recruit Holdings Co., Ltd. (OTCMKTS:RCRUY) Rises By 374.6%

Recruit Holdings Co., Ltd. (OTCMKTS:RCRUY) saw a significant growth in short interest in March. As of March 15th, there was short interest totalling 101,100 shares, a growth of 374.6% from the February 28th total of 21,300 shares. Based on an average daily volume of 1,133,100 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the shares of the stock are short sold.

Recruit Trading Up 0.5 %

Recruit stock traded up $0.05 during mid-day trading on Friday, hitting $10.83. The stock had a trading volume of 560,742 shares, compared to its average volume of 498,085. The stock has a 50-day simple moving average of $12.75 and a two-hundred day simple moving average of $13.04. The stock has a market capitalization of $86.61 billion, a PE ratio of 33.02 and a beta of 1.63. Recruit has a 12 month low of $7.74 and a 12 month high of $15.97.

Recruit (OTCMKTS:RCRUY) last issued its quarterly earnings results on Wednesday, February 12th. The company reported $0.11 EPS for the quarter. Recruit had a net margin of 10.58% and a return on equity of 19.65%. Sell-side analysts expect that Recruit will post 0.36 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Separately, The Goldman Sachs Group upgraded shares of Recruit to a “hold” rating in a research report on Tuesday.

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.