Recruiter’s Stock Price is on the Move
Since starting covering the Company, the share price performed very well, from $3.81 to a high of $5.25 in yesterday’s trading support by a substantial volume of 610,890 shares vs. an average volume of 108,836.
Interview with Evan Sohn, CEO Recruiter.com
The full one hour interview you can watch – click on the link below
The Company continues its rapid growth strategy to become the leader within the recruiter industry. Year-on-year revenue increased by 136.9% in the 2nd quarter of 2021 and 38.4% quarter-over-quarter. The revenue increase is one of the strongest performances within the industry.
During this current quarter, the Company raised more than $13 million in working capital intends to use the proceeds to invest in sales and marketing efforts for its on-demand recruiting software subscription tools and services, strategic acquisitions and related expenses, and general working capital. Recruiter.com has the world’s largest network of recruiters, with more than 30,000 recruiters in its on-demand network, equipped with powerful artificial intelligence (AI) sourcing tools, which helps employers recruit talent faster and better.
The Novo Group integration provides flexible talent acquisition to many customers, including life sciences, manufacturing, and consumer goods. With the purchase of Novo Group, Recruiter.com also acquired recruiting technology solutions platform with a leading-edge talent acquisition practice. As we know, the way how employers recruit talents has dramatically changed. The acquisition will give both large and small employers a way to react to their talent demands in real-time.