51Jobs Inc. (JOBS) Sees Unusually-High Trading Volume
51Jobs Inc. (NASDAQ:JOBS) saw unusually-strong trading volume on Thursday . Approximately 60,212 shares changed hands during trading, a decline of 25% from the previous session’s volume of 80,561 shares.The stock last traded at $31.23 and had previously closed at $30.82.
Separately, TheStreet downgraded 51Jobs from a “buy” rating to a “hold” rating in a research report on Tuesday, May 24th.
The firm has a 50-day moving average of $29.70 and a 200-day moving average of $29.43. The firm has a market cap of $1.86 billion and a PE ratio of 22.73.
51Jobs (NASDAQ:JOBS) last posted its earnings results on Thursday, May 5th. The company reported $0.38 EPS for the quarter, beating the consensus estimate of $0.36 by $0.02. The business earned $523.80 million during the quarter, compared to analyst estimates of $78.90 million. Analysts predict that 51Jobs Inc. will post $10.42 EPS for the current fiscal year.
A hedge fund recently raised its stake in 51Jobs stock. California Public Employees Retirement System boosted its stake in shares of 51Jobs Inc. (NASDAQ:JOBS) by 11.9% during the fourth quarter, Holdings Channel reports. The firm owned 97,600 shares of the company’s stock after buying an additional 10,400 shares during the period. California Public Employees Retirement System owned about 0.17% of 51Jobs worth $2,875,000 at the end of the most recent quarter.
51job, Inc is a holding company. The Company is a provider of integrated human resource services in China. With a focus on recruitment advertising, the Company operates www.51job.com which is utilized by a base of corporate employers, reaches an audience of job seekers and aggregates job information from over 100 cities across China.
Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.