The stock of Recruiter.com Group Inc. (NASDAQ:RCRT) increased by $0.03 on Tuesday to $0.23, up 13.63 percent. The last five days have seen an average of 1,676,769 shares of common stock traded. 9 times new highs were reached in the current year, with a fall of -$0.1869. The average number of shares traded over the last 20 days was 519,452, while the average volume over the last 50 days totaled 3,298,031.
RCRT stock appreciated 4.60% since last month. On 08/07/23, the company’s shares reached a one-month low of $0.1788. The stock touched a high of $1.81 on 02/01/23, after rallying from a low of $0.18 in 52 weeks. The price of RCRT stock has declined by -45.04% or -$0.1869 this year, reaching a new high 9 times. Still, the stock price is down -87.28% from the 52-week high.
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Financial Health
For the recent quarter, Recruiter.com Group Inc.’s quick ratio was 0.30, while its current ratio was 0.30, indicating its inability to pay off its debt. The company’s long-term debt to equity ratio for the recent quarter is 0.38, and the total debt to equity ratio is 1.88. As far as profitability goes, gross margin for the trailing twelve months is 31.20% percent. Recruiter.com Group Inc.’s EBITDA margin for the recent year was -34.08%, whereas its operating margin stood at -65.20% for the same period. Based on annual data, it had gross profit of $8.75 million and revenue of $25.37 million.
Investors will also look at the performance of the company’s management in order to determine the potential profitability of their investment. RCRT’s return on assets (ROA) during the last 12 months has been -106.80%. There was a -153.70% return on investment (ROI) in the past year. In the meantime, the return on equity (ROE) for the last 12 months was -237.70%.
Earnings Surprise
A lower net income was reported in the quarter under review than the previous quarter. Net income for the quarter came in at $3.29 million, while revenues fell by -108.81% to $4.42 million. EBITDA was -$2.13 million for the quarter. At the end of Recruiter.com Group Inc.’s most recent quarter, its liabilities totaled 9.38 million, while its total debt was $4.97 million. Equity owned by shareholders amounts to $17.21 million.
Technical Picture
Here’s a quick look at Recruiter.com Group Inc.’s (RCRT) price momentum from a technical perspective. As of 14 August, the RSI 9-day stood at 66.27%, suggesting the stock is Neutral, with a 102.17% historical volatility rate.
The stochastic %K and %D were 42.02% and 30.92% respectively, while the average true range (ATR) was 0.0257. Based on the 14-day stochastic reading of 65.52%, the RSI (14) reading is 58.70%. On the 9-day MACD Oscillator, the stock is at 0.0080.
Analyst Ratings
In its analyst report released on December 09, 2021, Maxim Group began covering Recruiter.com Group Inc. (NASDAQ: RCRT). The stock was rated as a Buy by the brokerage firm. Analysts have assigned Recruiter.com Group Inc. (RCRT) an Hold rating. RCRT is a stock that is recommended for selling by 0 brokerage firms, while 1 companies recommend holding. The stock is underweighted by 0 analysts. Among the analysts who rate the stock, 0 rates it overweight and 0 others recommend it as a buy.
What is RCRT’s price target for the next 12 months?
The current consensus forecast for the stock is between $2.00 and $2.00, with a median target price of $2.00. In analyzing these forecasts, the average price target given by analysts for Recruiter.com Group Inc. (RCRT) is $2.00.
