51job, Inc. (ADR) (JOBS) Reaches $44.69 High on Jun, 6; Midwestone Financial GP (MOFG) Sellers Decreased By 20.41% Their Shorts

June 6, 2017 - By Adrian Mccoy

The stock of 51job, Inc. (ADR) (NASDAQ:JOBS) reached all time high today, Jun, 6 and still has $47.37 target or 6.00% above today’s $44.69 share price. This indicates more upside for the $2.69B company. This technical setup was reported by Barchart.com. If the $47.37 PT is reached, the company will be worth $161.40M more. About 134,140 shares traded. 51job, Inc. (ADR) (NASDAQ:JOBS) has risen 53.60% since June 6, 2016 and is uptrending. It has outperformed by 36.90% the S&P500.

Midwestone Financial GP (NASDAQ:MOFG) had a decrease of 20.41% in short interest. MOFG’s SI was 58,500 shares in June as released by FINRA. Its down 20.41% from 73,500 shares previously. With 23,800 avg volume, 3 days are for Midwestone Financial GP (NASDAQ:MOFG)’s short sellers to cover MOFG’s short positions. The SI to Midwestone Financial GP’s float is 0.59%. About 383 shares traded. MidWestOne Financial Group, Inc. (NASDAQ:MOFG) has risen 22.57% since June 6, 2016 and is uptrending. It has outperformed by 5.87% the S&P500.

Among 2 analysts covering 51job (NASDAQ:JOBS), 0 have Buy rating, 0 Sell and 2 Hold. Therefore 0 are positive. 51job had 2 analyst reports since August 12, 2015 according to SRatingsIntel. The rating was downgraded by Citigroup to “Neutral” on Thursday, November 12. Macquarie Research maintained it with “Neutral” rating and $31 target in Wednesday, August 12 report.

51job, Inc. is a holding company. The Company is a well-known provider of integrated human resource services in China. The company has market cap of $2.69 billion. The Firm focuses on online recruitment advertising. It has a 27.8 P/E ratio. The Firm 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.

Since March 22, 2017, it had 0 insider buys, and 2 sales for $65.77 million activity. Shares for $10,473 were sold by WEISE KURT R on Friday, June 2. On Wednesday, March 22 MORRISON JOHN M sold $65.76 million worth of MidWestOne Financial Group, Inc. (NASDAQ:MOFG) or 2.00 million shares.