Recruit (OTCMKTS:RCRUY) Sees Large Volume Increase - Here's Why

Recruit Holdings Co., Ltd. (OTCMKTS:RCRUY - Get Free Report) shares saw unusually-high trading volume on Wednesday . Approximately 5,418,283 shares were traded during mid-day trading, an increase of 290% from the previous session's volume of 1,387,656 shares.The stock last traded at $9.07 and had previously closed at $8.93.Recruit Trading Up 1.9%The stock's 50-day simple moving average is $8.89 and its 200-day simple moving average is $10.06. The stock has a market cap of $71.16 billion, a price-to-earnings ratio of 10.22 and a beta of 1.68. Recruit (OTCMKTS:RCRUY - Get Free Report) last released its quarterly earnings results on Monday, February 9th. The company reported $0.13 earnings per share for the quarter. The company had revenue of $6.12 billion during the quarter, compared to the consensus estimate of $6.03 billion. Recruit had a net margin of 12.85% and a return on equity of 30.37%. On average, equities research analysts forecast that Recruit Holdings Co., Ltd. will post 0.36 earnings per share for the current year. Recruit Company Profile (Get Free Report)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.Featured StoriesFive stocks we like better than RecruitThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Recruit Right Now?Before you consider Recruit, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Recruit wasn't on the list.While Recruit currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here