Jabil Circuit (NYSE:JBL) : During the past 4 weeks, traders have been relatively bearish on Jabil Circuit (NYSE:JBL), hence the stock is down -2.11% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -0.52% relative to the S&P 500. The stock has risen by 0.75% in the past week indicating that the buyers are active at lower levels, but the stock is down -0.53% in the past 4 weeks.
The company shares have dropped -7.86% from its 1 Year high price. On Dec 4, 2015, the shares registered one year high at $26.00 and the one year low was seen on May 13, 2016. The 50-Day Moving Average price is $18.69 and the 200 Day Moving Average price is recorded at $19.37.
The stock has recorded a 20-day Moving Average of 1.1% and the 50-Day Moving Average is 3.18%.
Jabil Circuit (NYSE:JBL): stock turned positive on Friday. Though the stock opened at $18.42, the bulls momentum made the stock top out at $18.8 level for the day. The stock recorded a low of $18.39 and closed the trading day at $18.76, in the green by 3.19%. The total traded volume for the day was 2,033,469. The stock had closed at $18.18 in the previous days trading.
In an insider trading activity, Cadavid Sergio, officer (SVP, Treasurer) of Jabil Circuit Inc, unloaded 3,098 shares at an average price of $21.5 on March 2, 2016. The total amount of the transaction was worth $66,607, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.
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.