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51job Inc. (JOBS) Broke Out To A New High After Q4 Report

51job Inc. (JOBS) reported fourth quarter earnings of RMB5.01 per share after the bell Thursday, up from RMB3.61 per share last year. Revenues rose 25.6% to RMB872.11 million from RMB694.15 million last year.

51job gapped up at the open Friday and climbed until around 1:30PM. The stock ended the day with a gain of 11.88 at $76.39 on above average volume. 51job broke out of a 2-month trading range and set a new high for the year.

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