Large Outflow of Money Witnessed in Jabil Circuit

Jabil Circuit (NYSE:JBL) During the most recent session, the shares traded at 0.05 points or 0.24% higher at $18.83. The money flow data is unimpressive with the net money flow value of $(-5.65) million. As per the intraday data, the upticks measured $4.41 million and the downticks measured $10.05 million. As a result, the up/down ratio registered a value of 0.44. The shares have seen -0.19% price change for the week.A block trade also made an entry with $0.73 million flowing in through upticks while $5.85 million flew out through downticks. The block tradeoff had the up/down ratio of 0.13. The net money flow for this big transaction was $(-5.11) million.

Shares of Jabil Circuit Inc. rose by 0.48% in the last five trading days and 10.11% for the last 4 weeks. Jabil Circuit Inc. has dropped 2.82% during the last 3-month period . Year-to-Date the stock performance stands at -17.92%.

Currently the company Insiders own 2.9% of Jabil Circuit shares according to the proxy statements. Institutional Investors own 92.46% of Jabil Circuit shares. During last six month period, the net percent change held by insiders has seen a change of -3.26%. . On the companys insider trading activities, The Securities and Exchange Commission has divulged that Cadavid Sergio, officer (SVP, Treasurer) of Jabil Circuit Inc, had unloaded 3,098 shares at an average price of $21.5 in a transaction dated on March 2, 2016. The total value of the transaction was worth $66,607.

Jabil Circuit (NYSE:JBL) rose 0.91% or 0.17 points on Friday and made its way into the gainers of the day. After trading began at $18.74 the stock was seen hitting $18.98 as a peak level and $18.66 as the lowest level. The stock ended up at $18.95. The daily volume was measured at 4,794,070 shares. The 52-week high of the share price is $26 and the 52-week low is $16.78. The company has a market cap of $3,623 million.

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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