51Jobs Inc. (JOBS) Sees Strong Trading Volume
Shares of 51Jobs Inc. (NASDAQ:JOBS) saw strong trading volume on Friday . 65,294 shares were traded during trading, a decline of 10% from the previous session’s volume of 72,315 shares.The stock last traded at $31.07 and had previously closed at $30.81.
Separately, TheStreet downgraded shares of 51Jobs from a “buy” rating to a “hold” rating in a research note on Tuesday, May 24th.
The stock’s 50-day moving average price is $30.21 and its 200-day moving average price is $29.53. The firm has a market cap of $1.84 billion and a PE ratio of 22.51.
51Jobs (NASDAQ:JOBS) last posted its earnings results on Thursday, May 5th. The company reported $0.38 earnings per share for the quarter, beating the consensus estimate of $0.36 by $0.02. The firm 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 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, according to its most recent filing with the Securities and Exchange Commission (SEC). 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.
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