Large Outflow of Money Witnessed in Jabil Circuit, Inc.

Jabil Circuit, Inc. (JBL) had an volatile session and gained 0.21 points till last call. The price was at $24.19, gaining 0.88% till the last intraday data. The total uptick value was $6.99 million while the total downtick value was $9.97 million. The shares saw a net money flow of $(-2.98) million and the up/down ratio stood at 0.7. The stock has seen a change of of 1.3% for the week. The share had a block transaction during the course of trading in which the net money flow was $(-3.25) million. Almost $1.63 million were received in upticks and approximately $4.88 million were lost in downticks, thereby giving the up/down ratio of 0.33.Block trades are executed by Investment Banking firms or Wealth Managers shifting positions or Day traders taking advantage of trading signals.

Shares of Jabil Circuit, Inc. rose by 1.68% in the last five trading days and 2.45% for the last 4 weeks. Jabil Circuit, Inc. is up 14.06% in the last 3-month period. Year-to-Date the stock performance stands at 2.45%. Jabil Circuit, Inc. (NYSE:JBL) rose 1.13% or 0.27 points on Wednesday and made its way into the gainers of the day. After trading began at $24.05 the stock was seen hitting $24.45 as a peak level and $23.755 as the lowest level. The stock ended up at $24.25. The daily volume was measured at 2,506,671 shares. The 52-week high of the share price is $25.14 and the 52-week low is $16.78. The company has a market cap of $4,419 million.

Company has reported several Insider transactions to the SEC, on Jan 24, 2017, Joseph A Mcgee (EVP,Strategic Plng&Development) sold 36,980 shares at 23.10 per share price.On Jan 9, 2017, Michael J Loparco (EVP, CEO, Engineered Solutions) sold 134 shares at 23.86 per share price.On Jan 4, 2017, Sergio Cadavid (SVP, Treasurer) sold 596 shares at 24.00 per share price.

Jabil Circuit Last issued its quarterly earnings results on Dec 15, 2016. The company reported $0.69 EPS for the quarter, beating the analyst consensus estimate by $ 0.05. Analyst had a consensus of $0.64. The company had revenue of $5104.90 million for the quarter, compared to analysts expectations of $4913.17 million. The companys revenue was down -2.0 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.85 EPS.

Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Jabil Circuit was Upgraded by Standpoint Research to Buy on Nov 22, 2016.

Jabil Circuit, Inc. is a worldwide independent provider of electronic manufacturing services. It designs and manufactures electronic circuit board assemblies and systems for major original equipment manufacturers in the communications, computer peripherals, personal computer, automotive and consumer products industries. It serves its original equipment manufacturer customers with dedicated work cell business units that combine high volume, highly automated continuous flow manufacturing with advanced electronic design and design for manufacturability technologies.


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