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Maxim Group Remains a Buy on Recruiter Group (RCRT)

In a report released yesterday, Allen Klee from Maxim Group reiterated a Buy rating on Recruiter Group (RCRTResearch Report), with a price target of $4.00. The company’s shares closed yesterday at $1.35.

According to TipRanks, Klee is an analyst with an average return of -22.5% and a 21.03% success rate. Klee covers the Technology sector, focusing on stocks such as Marpai, Biotricity, and Mitek Systems.

Currently, the analyst consensus on Recruiter Group is a Moderate Buy with an average price target of $4.00.

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RCRT market cap is currently $20.05M and has a P/E ratio of -1.01.

Based on the recent corporate insider activity of 22 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.

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