BidaskClub Upgrades 51job (NASDAQ:JOBS) to “Hold”

51job (NASDAQ:JOBS) was upgraded by stock analysts at BidaskClub from a “sell” rating to a “hold” rating in a report issued on Saturday, BidAskClub reports.

A number of other research analysts have also recently commented on the company. TheStreet cut 51job from a “b” rating to a “c+” rating in a report on Wednesday, June 26th. Citigroup cut 51job from a “buy” rating to a “neutral” rating in a report on Monday, May 13th.

Shares of 51job stock opened at $69.34 on Friday. The stock has a market cap of $4.08 billion, a P/E ratio of 21.02 and a beta of 1.51. The stock’s 50 day simple moving average is $74.99 and its 200-day simple moving average is $76.01. 51job has a 1-year low of $52.15 and a 1-year high of $97.08. The company has a debt-to-equity ratio of 0.01, a current ratio of 4.10 and a quick ratio of 4.10.



A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Wealthsource Partners LLC lifted its holdings in 51job by 12.9% in the second quarter. Wealthsource Partners LLC now owns 3,900 shares of the company’s stock valued at $294,000 after acquiring an additional 445 shares during the last quarter. Migdal Insurance & Financial Holdings Ltd. lifted its holdings in 51job by 474.2% in the second quarter. Migdal Insurance & Financial Holdings Ltd. now owns 712 shares of the company’s stock valued at $54,000 after acquiring an additional 588 shares during the last quarter. Quadrant Capital Group LLC lifted its holdings in 51job by 62.1% in the first quarter. Quadrant Capital Group LLC now owns 1,563 shares of the company’s stock valued at $121,000 after acquiring an additional 599 shares during the last quarter. NumerixS Investment Technologies Inc acquired a new position in 51job in the second quarter valued at approximately $45,000. Finally, WINTON GROUP Ltd lifted its holdings in 51job by 18.4% in the second quarter. WINTON GROUP Ltd now owns 4,414 shares of the company’s stock valued at $333,000 after acquiring an additional 685 shares during the last quarter. Hedge funds and other institutional investors own 45.93% of the company’s stock.

51job Company Profile

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.

See Also: How to find the components of the quick ratio

Receive News & Ratings for 51job Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for 51job and related companies with MarketBeat.com's FREE daily email newsletter.