In a report released yesterday, Allen Klee from Maxim Group reiterated a Buy rating on Recruiter Group (RCRT – Research Report), with a price target of $4.00. The company’s shares closed yesterday at $1.38.
Klee covers the Technology sector, focusing on stocks such as Marpai, Paltalk, and Mitek Systems. According to TipRanks, Klee has an average return of -23.4% and a 20.70% success rate on recommended stocks.
Currently, the analyst consensus on Recruiter Group is a Moderate Buy with an average price target of $4.00.
See today’s best-performing stocks on TipRanks >>
Based on Recruiter Group’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $6.87 million and a GAAP net loss of $4.18 million. In comparison, last year the company earned a revenue of $3.16 million and had a GAAP net loss of $6.28 million
Based on the recent corporate insider activity of 21 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of RCRT in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Recruiter.com Group, Inc. provides a recruiting technology platform that pairs enterprises with a network of recruiters and candidate matching technologies to drive the hiring of talent. It also provides career services including resume distribution and recruiting training. The company was founded by Michael Jay Solomon on July 28, 2008 and is headquartered in Houston, TX.
Read More on RCRT:
- CloudMD Provides Business Update on Customer Momentum
- Aehr Receives Production Orders for WaferPak™ Full Wafer Contactors to Meet Growing Demand for Electric Vehicles
- First Watch Announces Retirement of Chairman Emeritus Ken Pendery, Jr.
- Angel Oak Home Loans Implements SimpleNexus’ Dynamic Homeownership Platform to Support Multiple Lines of Business
- Dynacor Reports Sales of US$14.3 Million (C$18.5 Million) for July 2022
