51job (JOBS) Downgraded to Sell at BidaskClub

BidaskClub lowered shares of 51job (NASDAQ:JOBS) from a hold rating to a sell rating in a report published on Tuesday morning.

Separately, TheStreet cut 51job from a b rating to a c+ rating in a report on Monday, November 13th.

51job (NASDAQ JOBS) opened at $57.36 on Tuesday. The company has a quick ratio of 4.18, a current ratio of 4.18 and a debt-to-equity ratio of 0.31. The company has a market capitalization of $3,545.68, a P/E ratio of 31.19 and a beta of 1.25. 51job has a twelve month low of $31.25 and a twelve month high of $65.85.

Several institutional investors and hedge funds have recently modified their holdings of JOBS. Wasatch Advisors Inc. raised its holdings in shares of 51job by 98.5% in the 3rd quarter. Wasatch Advisors Inc. now owns 1,364,389 shares of the company’s stock worth $82,696,000 after buying an additional 677,037 shares in the last quarter. Harding Loevner LP raised its holdings in shares of 51job by 11.0% in the 2nd quarter. Harding Loevner LP now owns 4,902,938 shares of the company’s stock worth $219,308,000 after buying an additional 485,593 shares in the last quarter. Nordea Investment Management AB acquired a new position in shares of 51job in the 2nd quarter worth approximately $19,027,000. Cornerstone Capital Management Holdings LLC. acquired a new position in shares of 51job in the 2nd quarter worth approximately $10,571,000. Finally, Arrowstreet Capital Limited Partnership raised its holdings in shares of 51job by 250.3% in the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 220,470 shares of the company’s stock worth $9,862,000 after buying an additional 157,537 shares in the last quarter. 41.34% of the stock is owned by institutional investors and hedge funds.

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About 51job

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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