SEEK (OTCMKTS:SKLTY) Shares Gap Up – Here’s Why

SEEK Limited – Unsponsored ADR (OTCMKTS:SKLTYGet Free Report) shares gapped up prior to trading on Tuesday . The stock had previously closed at $18.1250, but opened at $19.66. SEEK shares last traded at $19.66, with a volume of 900 shares trading hands.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on the stock. Zacks Research raised shares of SEEK to a “hold” rating in a research note on Thursday, June 4th. Jefferies Financial Group cut shares of SEEK from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, April 14th. Two analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock has a consensus rating of “Hold”.

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SEEK Stock Performance

The firm’s 50 day simple moving average is $18.61 and its 200 day simple moving average is $21.62.

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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