Shares of Jabil Circuit (JBL) Sees Large Outflow of Money

Jabil Circuit (JBL) : Mondays money flow analysis of Jabil Circuit (JBL) indicates the selling of stock on the strength of price. The investors sold the stock on every rise as seen in the downtick transactions of $7.11 million. In comparison, the inflow of money on upticks was a meager $3.12 million. The dollar value of composite uptick trades minus the downtick trades was negative $3.99 million. The uptick to downtick ratio of 0.44 in the money flow shows weakness. The uptick block trades were valued at $0.85 million. The downtick transaction value was high at $5.25 million, which denotes distribution on strength. The uptick to downtick ratio of block trades was 0.16. Hence, the net money flow in the stock was negative ($4.4 million). Jabil Circuit (JBL) gained $0.18 at $21.02, a change of 0.86% over the previous days close.


Shares of Jabil Circuit Inc. rose by 1.5% in the last five trading days and 2.68% for the last 4 weeks. Jabil Circuit Inc. is up 22.8% in the last 3-month period. Year-to-Date the stock performance stands at -8.51%.

Jabil Circuit (NYSE:JBL): During Mondays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $20.90 and $20.82 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $21.10. The buying momentum continued till the end and the stock did not give up its gains. It closed at $21.04, notching a gain of 0.96% for the day. The total traded volume was 1,294,195 . The stock had closed at $20.84 on the previous day.

In a related news, The Securities and Exchange Commission has divulged that Loparco Michael J, officer (EVP, CEO, Engineered Solutions) of Jabil Circuit Inc, had unloaded 5,000 shares at an average price of $20.23 in a transaction dated on July 26, 2016. The total value of the transaction was worth $101,150.

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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