51job (Nasdaq:JOBS) hit a new 52-week high Friday as it changed hands at $61.88 compared with its previous 52-week high of $61.28. 51job is currently trading at $61.85 with 28,645 shares changing hands as of 11:41 a.m..
NEW YORK ( TheStreet) -- 51job (Nasdaq: JOBS) hit a new 52-week high Friday as it traded at $61.88 compared with its previous 52-Week high of $61.28. 51job is changing hands at $61.85 with 28,645 shares traded as of 11:41 a.m. ET. Average volume has been 132,600 shares over the past 30 days. 51job has a market cap of $1.7 billion and is part of the services sector and diversified services industry. Shares are up 20.9% year to date as of the close of trading on Thursday. 51job, Inc. provides integrated human resource services to employers and job seekers primarily in the Peoplea s Republic of China. The company has a P/E ratio of 101.1, above the average diversified services industry P/E ratio of 52.8 and above the S&P 500 P/E ratio of 23.4. TheStreet Ratings rates 51job as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, impressive record of earnings per share growth, compelling growth in net income and expanding profit margins. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. You can view the full 51job Ratings Report. See all 52-week high stocks or get investment ideas from our investment research center.