51Jobs Inc. (JOBS) Sees Strong Trading Volume
51Jobs Inc. (NASDAQ:JOBS) saw an uptick in trading volume on Tuesday . 116,079 shares were traded during mid-day trading, an increase of 22% from the previous session’s volume of 94,812 shares.The stock last traded at $33.95 and had previously closed at $33.57.
Separately, TheStreet cut 51Jobs from a “buy” rating to a “hold” rating in a research report on Tuesday, May 24th.
The firm has a market cap of $2.03 billion, a price-to-earnings ratio of 23.36 and a beta of 1.79. The stock’s 50-day moving average is $33.17 and its 200-day moving average is $31.06.
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51Jobs (NASDAQ:JOBS) last announced its quarterly earnings data on Thursday, August 4th. The company reported $0.48 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.35 by $0.13. The business earned $84.20 million during the quarter, compared to the consensus estimate of $80.47 million. 51Jobs had a net margin of 30.49% and a return on equity of 12.42%. Equities analysts anticipate that 51Jobs Inc. will post $1.73 earnings per share for the current fiscal year.
A number of hedge funds have recently made changes to their positions in JOBS. BlackRock Inc. purchased a new stake in shares of 51Jobs during the first quarter valued at about $132,000. Public Employees Retirement System of Ohio increased its stake in 51Jobs by 91.4% in the second quarter. Public Employees Retirement System of Ohio now owns 6,700 shares of the company’s stock valued at $196,000 after buying an additional 3,200 shares in the last quarter. Vanguard Group Inc. bought a new stake in 51Jobs during the second quarter valued at $232,000. Geode Capital Management LLC increased its stake in 51Jobs by 11.9% in the first quarter. Geode Capital Management LLC now owns 9,987 shares of the company’s stock valued at $309,000 after buying an additional 1,063 shares in the last quarter. Finally, Citigroup Inc. increased its stake in 51Jobs by 316.2% in the second quarter. Citigroup Inc. now owns 10,742 shares of the company’s stock valued at $315,000 after buying an additional 8,161 shares in the last quarter. 38.76% of the stock is owned by institutional investors and hedge funds.
51Jobs Company Profile
51job, Inc is a holding company. The Company is a provider of integrated human resource services in China. The Company focuses on online recruitment advertising. The Company operates over three Websites, including www.51job.com, www.yingjiesheng.com and www.51jingying.com, which are utilized by a base of corporate employers, reach an audience of job seekers and aggregate job information from over 100 cities across China.
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