51Jobs Inc. (JOBS) Stock Price Down 3.5%
Shares of 51Jobs Inc. (NASDAQ:JOBS) fell 3.5% during trading on Thursday . The company traded as low as $30.66 and last traded at $30.81, with a volume of 91,257 shares trading hands. The stock had previously closed at $31.94.
Separately, TheStreet raised shares of 51Jobs from a “hold” rating to a “buy” rating in a research note on Monday.
The stock has a market cap of $1.83 billion and a PE ratio of 22.41. The stock’s 50 day moving average is $30.21 and its 200-day moving average is $29.53.
51Jobs (NASDAQ:JOBS) last announced its quarterly earnings results on Thursday, May 5th. The company reported $0.38 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.36 by $0.02. The company had revenue of $523.80 million for the quarter, compared to analyst estimates of $78.90 million. On average, analysts forecast that 51Jobs Inc. will post $10.42 earnings per share for the current fiscal year.
An institutional investor recently raised its position in 51Jobs stock. California Public Employees Retirement System increased its stake in 51Jobs Inc. (NASDAQ:JOBS) by 11.9% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund 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 approximately 0.17% of 51Jobs worth $2,875,000 at the end of the most recent reporting period.
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.
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