Shares of Jabil Circuit (NYSE:JBL) Sees Large Inflow of Net Money Flow

Jabil Circuit (NYSE:JBL) dropped -1.43% or -0.27 points to trade at $18.59 per share. As per the latest trading data available, the net money flow stood at $8.87 million as the shares received $16.29 million in upticks and gave away $7.41 million in downticks. The final up/down ratio was at 2.2. On a weekly basis, the stock has seen a change of -4.32%.During the course of the session, the shares witnessed a block trade with an up/down ratio of 8.03. $9.77 million was the inflow in upticks and $1.22 million was the outflow in downticks. For the block trade, the net money flow was $8.56 million.


Currently the company Insiders own 2.9% of Jabil Circuit shares according to the proxy statements. Institutional Investors own 92.46% of Jabil Circuit shares. During last six month period, the net percent change held by insiders has seen a change of -3.26%. On the companys insider trading activities, The officer (SVP, Treasurer), of Jabil Circuit Inc, Cadavid Sergio had unloaded 3,098 shares at $21.5 per share in a transaction on March 2, 2016. The total value of transaction was $66,607. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.

Jabil Circuit (NYSE:JBL) stock ended Monday session in the red zone in a volatile trading. The stock closed down 0.27 points or 1.43% at $18.59 with 3,227,324 shares getting traded. Post opening the session at $18.75, the shares hit an intraday low of $18.55 and an intraday high of $18.97 and the price was in this range throughout the day. The company has a market cap of $3,554 million and the number of outstanding shares have been calculated to be 191,187,670 shares. The 52-week high of Jabil Circuit (NYSE:JBL) is $26 and the 52-week low is $16.78.

Many analysts have stated their opinion on the company shares. Major Brokerage house, Goldman Sachs downgrades its ratings on Jabil Circuit (NYSE:JBL). In the latest research report, Goldman Sachs lowers the target price from $19 per share to $17 per share. According to the latest information available, the shares are now rated Sell by the analysts at the agency. Previously, the analysts had a Neutral rating on the shares. The rating by the firm was issued on June 7, 2016.

Jabil Circuit, Inc. provides electronic manufacturing services and solutions. The Company provides electronic design, production and product management services to companies in the aerospace, automotive, computing, defense, digital home, energy, healthcare, industrial, instrumentation, lifestyles, mobility, mold, networking, packaging, peripherals, storage, telecommunications and wearable technology industries. The Companys operating segments include Electronics Manufacturing Services (EMS) and Diversified Manufacturing Services (DMS). The EMS segment is focused around leveraging information technology (IT), supply chain design and engineering, technologies centered on core electronics. The DMS segment is focused on providing engineering solutions, heavy participation in consumer markets, access to higher growth markets and a focus on material sciences and technologies.

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