Shares of 51job, Inc. (NASDAQ:JOBS) traded up 5.1% during mid-day trading on Friday . The company traded as high as $69.75 and last traded at $69.34, 212,673 shares changed hands during trading. A decline of 17% from the average session volume of 255,491 shares. The stock had previously closed at $66.00.
A number of equities research analysts have issued reports on the stock. Citigroup cut shares of 51job from a “buy” rating to a “neutral” rating in a report on Monday, May 13th. TheStreet cut shares of 51job from a “b” rating to a “c+” rating in a report on Wednesday, June 26th. Finally, BidaskClub cut shares of 51job from a “hold” rating to a “sell” rating in a report on Tuesday, August 6th.
The stock has a market cap of $4.29 billion, a P/E ratio of 20.50 and a beta of 1.51. The firm’s fifty day moving average price is $74.99 and its two-hundred day moving average price is $76.01. The company has a debt-to-equity ratio of 0.01, a current ratio of 4.10 and a quick ratio of 4.10.
Institutional investors have recently added to or reduced their stakes in the company. NumerixS Investment Technologies Inc bought a new position in shares of 51job in the second quarter worth $45,000. Migdal Insurance & Financial Holdings Ltd. increased its holdings in shares of 51job by 474.2% in the second quarter. Migdal Insurance & Financial Holdings Ltd. now owns 712 shares of the company’s stock worth $54,000 after purchasing an additional 588 shares during the period. Quadrant Capital Group LLC increased its holdings in shares of 51job by 62.1% in the first quarter. Quadrant Capital Group LLC now owns 1,563 shares of the company’s stock worth $121,000 after purchasing an additional 599 shares during the period. Campbell & CO Investment Adviser LLC bought a new position in shares of 51job in the first quarter worth $224,000. Finally, NN Investment Partners Holdings N.V. bought a new position in shares of 51job in the second quarter worth $226,000. 45.93% of the stock is currently owned by hedge funds and other institutional investors.
51job Company Profile (NASDAQ:JOBS)
51job, Inc, through its subsidiaries, provides integrated human resource services in the People's Republic of China. The company offers online recruitment services through its Websites comprising 51job.com, yingjiesheng.com, 51jingying.com, and lagou.com; and mobile applications that enable job seekers to access their accounts through mobile devices and utilize functions available on their Websites.
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