SEEK (OTCMKTS:SKLTY) Shares Gap Up – Time to Buy?

SEEK Limited – Unsponsored ADR (OTCMKTS:SKLTYGet Free Report)’s share price gapped up prior to trading on Wednesday . The stock had previously closed at $18.25, but opened at $19.05. SEEK shares last traded at $19.57, with a volume of 1,199 shares changing hands.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on SKLTY shares. Zacks Research upgraded SEEK to a “hold” rating in a report on Thursday, June 4th. Jefferies Financial Group downgraded SEEK from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, April 14th. Two equities research analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, SEEK presently has a consensus rating of “Hold”.

Check Out Our Latest Analysis on SKLTY

SEEK Stock Performance

The stock’s 50 day moving average price is $18.71 and its 200 day moving average price is $22.54.

SEEK Company Profile

(Get Free Report)

SEEK Limited (OTCMKTS:SKLTY) is an Australian-based online employment marketplace that connects job seekers with employers across a range of industries. The company’s flagship platform, SEEK, offers employers access to a resume database and a suite of recruitment tools, while providing candidates with job listings, career advice and skills training resources. In addition to its core job-board business, SEEK has expanded its offerings to include talent management solutions and online learning modules designed to upskill workers and meet evolving labour market demands.

Founded in Melbourne in 1997 by Paul Bassat, Andrew Bassat and Matt Rockman, SEEK quickly grew to dominate the Australian and New Zealand recruitment markets.

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