Shares of Jabil Circuit (JBL) Sees Large Outflow of Money

Jabil Circuit (JBL) : The total money flow in Jabil Circuit (JBL) was negative ($4.84 million), showing the domination of sellers in the Thursday trading session. The traders utilized every rise to sell their positions, as seen in the value of trading on downtick to the tune of $10.77 million. Transactions on upticks were comparatively lower at $5.93 million. The uptick to downtick ratio was 0.55. The total block trades done on upticks were valued at $1.64 million. The total block trades on downticks were valued at $6.69 million. The uptick to the downtick ratio of block trades was 0.25. The money flow during block trades was negative ($5.04 million) when the stock traded with a gain of $12 cent. Jabil Circuit (JBL) was $19.44, an increase of 0.62% over the previous days close.


The stock has recorded a 20-day Moving Average of 4.43% and the 50-Day Moving Average is 6.18%. Shares have dropped -7.17% 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 $18.73 and the 200 Day Moving Average price is recorded at $19.30.

Jabil Circuit (NYSE:JBL): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $19.47 and $19.35 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $19.59. The buying momentum continued till the end and the stock did not give up its gains. It closed at $19.44, notching a gain of 0.62% for the day. The total traded volume was 2,192,735 . The stock had closed at $19.32 on the previous day.

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.

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