SEEK (OTCMKTS:SKLTY) Trading Down 6.6% – Here’s Why

SEEK Limited – Unsponsored ADR (OTCMKTS:SKLTYGet Free Report) shares traded down 6.6% during mid-day trading on Friday . The company traded as low as $18.08 and last traded at $18.08. 10,340 shares were traded during trading, an increase of 17% from the average session volume of 8,822 shares. The stock had previously closed at $19.35.

Wall Street Analyst Weigh In

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

Get Our Latest Report on SKLTY

SEEK Price Performance

The stock has a fifty day moving average price of $18.66 and a 200-day moving average price of $21.96.

About SEEK

(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.

Further Reading

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