51Jobs Inc. (JOBS) Shares Down 3.5%
51Jobs Inc. (NASDAQ:JOBS) fell 3.5% 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 report on Monday, July 18th.
The company’s 50 day moving average price is $30.22 and its 200 day moving average price is $29.54. The firm has a market capitalization of $1.84 billion and a price-to-earnings ratio of 22.51.
51Jobs (NASDAQ:JOBS) last issued its earnings results on Thursday, May 5th. The company reported $0.38 EPS for the quarter, beating the Zacks’ consensus estimate of $0.36 by $0.02. The business earned $523.80 million during the quarter, compared to analysts’ expectations of $78.90 million. Equities analysts anticipate 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 raised its position 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. 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 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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