Large Outflow of Money Witnessed in Jabil Circuit

Jabil Circuit (JBL) : The total money flow in Jabil Circuit (JBL) was negative ($3.14 million), showing the domination of sellers in the Friday trading session. The traders utilized every rise to sell their positions, as seen in the value of trading on downtick to the tune of $6.2 million. Transactions on upticks were comparatively lower at $3.06 million. The uptick to downtick ratio was 0.49. The total block trades on downticks were valued at $2.59 million. The money flow during block trades was negative ($2.59 million) when the stock traded with a gain of $1 cent. Jabil Circuit (JBL) was $20.41, an increase of 0.02% over the previous days close.


Jabil Circuit (JBL) : Average target price received by Jabil Circuit (JBL) is $22.14 with an expected standard deviation of $2.97. The most aggressive target on the stock is $26, whereas the most downbeat target is $18. 7 financial analysts are currently covering the stock.

Jabil Circuit (NYSE:JBL): On Fridays trading session , Opening price of the stock was $20.29 with an intraday high of $20.49. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $20.06. However, the stock managed to close at $20.37, a loss of 0.15% for the day. On the previous day, the stock had closed at $20.4. The total traded volume of the day was 2,118,299 shares.

In a related news, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the officer (SVP, Treasurer) of Jabil Circuit Inc, Cadavid Sergio had sold 3,098 shares worth of $66,607 in a transaction dated March 2, 2016. In this transaction, 3,098 shares were sold at $21.5 per share.

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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