Shares of 51job (JOBS) Sees Large Inflow of Net Money Flow

51job (JOBS) : On Friday, The money flowed into the 51job (JOBS) stock with an uptick to downtick ratio was recorded at 6.22. Transactions worth $2.78 million were done on upticks, confirming the buying interest in the stock. The outflow of money on downticks stood at $0.45 million. The total money flow into the stock was $2.33 million. The investors are using every small weakness in the stock to accumulate it, as can be seen in the $2.45 million of block transactions on upticks. The total money flow in block trades was $2.45 million. In terms of price action, 51job (JOBS) traded down $0.13 during the session at $30.68. Compared to the previous days closing, the stock was down only by -0.42%. For the week, the stock is -4.75%, over previous weeks closing.


51job (NASDAQ:JOBS): stock turned positive on Friday. Though the stock opened at $30.94, the bulls momentum made the stock top out at $31.44 level for the day. The stock recorded a low of $30.68 and closed the trading day at $30.95, in the green by 0.45%. The total traded volume for the day was 152,873. The stock had closed at $30.81 in the previous days trading.

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 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 resume database using its eHire product and engaging other human resource related services.

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