51job (NASDAQ:JOBS) : Wednesdays money flow data in 51job (NASDAQ:JOBS) suggests that the bulls made the most of the weakness in the stock. The inflow of money into the stock on upticks was $0.03 million, whereas, $0 million worth of transactions were done on downticks. The ratio between the two, uptick and downtick stood at 10.02, in favor of the bulls. The total money flow into the stock was $0.03 million clearly indicating that the smart money has been buying into the stock on weakness.
In comparison, the money flow in block deals was $0.01 million. The total value of block trades done on upticks was $0.01 million. 51job (NASDAQ:JOBS) fell $0.69 and traded at $28.43, down -2.37% for the day, over previous days close. On a weekly basis, the shares are -2.97% over the previous weeks close.
Institutional Investors own 36.18% of 51job shares.
The company shares have dropped -15.35% from its 1 Year high price. On Jul 16, 2015, the shares registered one year high at $35.61 and the one year low was seen on Aug 24, 2015. The 50-Day Moving Average price is $29.38 and the 200 Day Moving Average price is recorded at $29.40. 51job (NASDAQ:JOBS): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $29.54 and $28.43 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $29.54. The buying momentum continued till the end and the stock did not give up its gains. It closed at $29.19, notching a gain of 0.24% for the day. The total traded volume was 24,545 . The stock had closed at $29.12 on the previous day.
51job, Inc. is a holding company. The Company is a provider of integrated human resource services in China. With a focus on recruitment advertising, the Company operates www.51job.com which is utilized by a base of corporate employers, reaches an audience of job seekers and aggregates job information from over 100 cities across China. It also operates a print publication in the city of Xian. The Company also provides other human resource related services, consisting primarily of business process outsourcing, training, campus recruitment and executive search services. The Company provides services to both employers and job seekers and derives all of its revenues from employers. The Company receives fees from employers for accessing its www.51job.com resume database using its eHire product and engaging other human resource related services.