51Jobs Inc. (JOBS) Sees Strong Trading Volume
Shares of 51Jobs Inc. (NASDAQ:JOBS) saw unusually-high trading volume on Thursday . Approximately 60,212 shares were traded 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 raised shares of 51Jobs from a “hold” rating to a “buy” rating in a research note on Friday, April 15th.
The firm has a 50 day moving average price of $29.61 and a 200-day moving average price of $29.42. The company has a market cap of $1.83 billion and a PE ratio of 22.32.
51Jobs (NASDAQ:JOBS) last released its earnings results on Thursday, May 5th. The company reported $0.38 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.36 by $0.02. The company had revenue of $523.80 million for the quarter, compared to the consensus estimate of $78.90 million. Equities analysts expect 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 raised its position in shares of 51Jobs Inc. (NASDAQ:JOBS) by 11.9% during the fourth quarter, Holdings Channel reports. 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 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.
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