Investment analysts at StockNews.com began coverage on shares of 51job (NASDAQ:JOBS – Get Rating) in a research note issued on Saturday. The brokerage set a “hold” rating on the stock.
51job Stock Performance
Shares of 51job stock opened at $60.90 on Friday. The company has a debt-to-equity ratio of 0.08, a quick ratio of 3.74 and a current ratio of 3.89. The stock has a market capitalization of $4.11 billion, a P/E ratio of 41.43 and a beta of 0.49. 51job has a 52-week low of $43.19 and a 52-week high of $79.00. The stock’s 50-day simple moving average is $60.90 and its 200-day simple moving average is $57.58.
Institutional Trading of 51job
Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Citadel Advisors LLC raised its holdings in 51job by 39.4% in the fourth quarter. Citadel Advisors LLC now owns 910,259 shares of the company’s stock worth $44,539,000 after purchasing an additional 257,465 shares in the last quarter. Marshall Wace LLP boosted its position in shares of 51job by 132.6% during the fourth quarter. Marshall Wace LLP now owns 348,247 shares of the company’s stock valued at $17,038,000 after buying an additional 198,519 shares during the last quarter. Aviva PLC boosted its position in shares of 51job by 28.1% during the fourth quarter. Aviva PLC now owns 14,150 shares of the company’s stock valued at $692,000 after buying an additional 3,100 shares during the last quarter. Corbin Capital Partners LP boosted its position in shares of 51job by 7.8% during the fourth quarter. Corbin Capital Partners LP now owns 940,104 shares of the company’s stock valued at $45,999,000 after buying an additional 67,800 shares during the last quarter. Finally, Hel Ved Capital Management Ltd purchased a new stake in shares of 51job during the fourth quarter valued at $32,974,000. Institutional investors own 93.04% of the company’s stock.
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, lagou.com, and 51mdd.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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