51job, Inc. (NASDAQ:JOBS) was downgraded by research analysts at TheStreet from a “b” rating to a “c+” rating in a research note issued to investors on Monday.
Separately, Macquarie raised shares of 51job from a “neutral” rating to an “outperform” rating and set a $60.00 price target for the company in a research report on Friday, August 4th.
51job (NASDAQ JOBS) opened at $61.90 on Monday. 51job has a 12-month low of $31.25 and a 12-month high of $65.85. The stock has a market cap of $3,868.27, a PE ratio of 34.23 and a beta of 1.28. The company has a debt-to-equity ratio of 0.24, a quick ratio of 4.57 and a current ratio of 4.57.
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A number of large investors have recently added to or reduced their stakes in the business. Grandeur Peak Global Advisors LLC bought a new stake in 51job during the 3rd quarter valued at about $1,535,000. Cornerstone Capital Management Holdings LLC. increased its stake in 51job by 29.7% during the 3rd quarter. Cornerstone Capital Management Holdings LLC. now owns 306,475 shares of the company’s stock valued at $18,575,000 after purchasing an additional 70,124 shares in the last quarter. Asset Management One Co. Ltd. bought a new stake in 51job during the 3rd quarter valued at about $2,588,000. Invictus RG increased its stake in 51job by 25.2% during the 3rd quarter. Invictus RG now owns 12,558 shares of the company’s stock valued at $761,000 after purchasing an additional 2,526 shares in the last quarter. Finally, OxFORD Asset Management LLP bought a new stake in 51job during the 3rd quarter valued at about $272,000. Institutional investors and hedge funds own 39.66% of the company’s stock.
51job, Inc is a holding company. The Company is a provider of integrated human resource services in China. The Company focuses on online recruitment advertising. The Company operates over three Websites, including www.51job.com, www.yingjiesheng.com and www.51jingying.com, which are utilized by a base of corporate employers, reach an audience of job seekers and aggregate job information from over 100 cities across China.
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