After starting the day at $52.00, Recruit Holdings Co Ltd (OTCMKTS: RCRRF) touched $$52.50 at 10.30 a.m. and remained flat until 12.20 p.m. At this time, the stock touched $52.47 and then exited the market at $52.22 at 1.19 p.m. There were just 116 shares trading in the market at the closing hour, against its average volume of 7.88K. After remaining down 2.70% over the past week, RCRRF gained 0.58% on Tuesday.
The average yearly range of RCRRF is $30.84 – $53.67. At the current price, it is trading close to its all-time high. The company has a market capitalization of 9.56T JPY. When the company started at the beginning of this year, its price was $41.74. Over the last six months, it has remained within the green zone and is healthy.
Looking at Q4-21 financial results
The company registered a revenue of $612.36B, up 3.83% from the corresponding period in the previous year. IN the fourth quarter, RCRRF posted a 157.98% jump in its net income, which came in at $ 34.43B. Diluted EPS was $20.92 in the fourth quarter, which skyrocketed 158.91% compared with the comparable period in the previous year.
The company’s net profit margin was 5.62% in Q4-21, booking a triple-digit increase of 148.67% on a YoY basis. At an increase of 22.58%, the operating income of the company came in at $44.05B. At the end of the fourth quarter, the company had $501.04B cash on hand, while the cost of revenue was $ 299.02B, up 12% from a year before.
About Recruit Holdings
Recruit Holdings Co Ltd is a Japan-headquartered human resources company with 49,370 employees. It was founded in 1963 under its present name. Previously, it was set up as Daigaku Shimbun Koukokusha, the advertising agency, in 1960. The company owns its search engine for jobs, Indeed.