51Jobs Inc. (JOBS) Trading Down 3%
Shares of 51Jobs Inc. (NASDAQ:JOBS) dropped 3% during mid-day trading on Monday . The stock traded as low as $32.26 and last traded at $32.60, with a volume of 67,958 shares trading hands. The stock had previously closed at $33.60.
Separately, TheStreet raised shares of 51Jobs from a “hold” rating to a “buy” rating in a report on Monday, July 18th.
The stock’s 50 day moving average is $30.95 and its 200-day moving average is $29.85. The company has a market cap of $1.96 billion and a PE ratio of 23.87.
51Jobs (NASDAQ:JOBS) last posted its quarterly earnings results on Thursday, August 4th. The company reported $0.48 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.35 by $0.13. The company earned $84.20 million during the quarter, compared to analysts’ expectations of $80.47 million. Equities analysts predict that 51Jobs Inc. will post $1.57 EPS for the current fiscal year.
A hedge fund recently raised its stake in 51Jobs stock. California Public Employees Retirement System raised its stake in shares of 51Jobs Inc. (NASDAQ:JOBS) by 11.9% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). 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 as of its most recent SEC filing.
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.