BidaskClub Downgrades 51job (JOBS) to Sell
51job (NASDAQ:JOBS) was downgraded by stock analysts at BidaskClub from a “hold” rating to a “sell” rating in a note issued to investors on Tuesday.
Separately, TheStreet cut 51job from a “b” rating to a “c+” rating in a report on Monday, November 13th.
51job (NASDAQ:JOBS) opened at $57.79 on Tuesday. The firm has a market capitalization of $3,543.82, a PE ratio of 31.17 and a beta of 1.25. The company has a quick ratio of 4.18, a current ratio of 4.18 and a debt-to-equity ratio of 0.31. 51job has a 1-year low of $31.25 and a 1-year high of $65.85.
A number of institutional investors have recently bought and sold shares of the stock. Harding Loevner LP grew its holdings in 51job by 2.3% during the third quarter. Harding Loevner LP now owns 5,016,352 shares of the company’s stock worth $304,041,000 after purchasing an additional 113,414 shares during the period. Wasatch Advisors Inc. grew its holdings in 51job by 98.5% during the third quarter. Wasatch Advisors Inc. now owns 1,364,389 shares of the company’s stock worth $82,696,000 after purchasing an additional 677,037 shares during the period. Sensato Investors LLC grew its holdings in 51job by 18.0% during the second quarter. Sensato Investors LLC now owns 525,012 shares of the company’s stock worth $23,484,000 after purchasing an additional 80,269 shares during the period. Nordea Investment Management AB bought a new position in 51job during the second quarter worth about $19,027,000. Finally, Handelsbanken Fonder AB grew its holdings in 51job by 0.8% during the third quarter. Handelsbanken Fonder AB now owns 396,000 shares of the company’s stock worth $24,002,000 after purchasing an additional 3,000 shares during the period. Institutional investors and hedge funds own 41.34% of the company’s stock.
ILLEGAL ACTIVITY WARNING: This news story was first reported by TheOlympiaReport and is owned by of TheOlympiaReport. If you are reading this news story on another website, it was stolen and reposted in violation of international trademark & copyright laws. The original version of this news story can be read at https://theolympiareport.com/2017/12/07/bidaskclub-downgrades-51job-jobs-to-sell.html.
51job 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.
Receive News & Ratings for 51job Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for 51job Inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.