SEEK (OTCMKTS:SKLTY) Shares Gap Down – Time to Sell?

SEEK Limited – Unsponsored ADR (OTCMKTS:SKLTYGet Free Report) shares gapped down before the market opened on Wednesday . The stock had previously closed at $21.16, but opened at $20.4575. SEEK shares last traded at $20.4770, with a volume of 388 shares.

Analyst Ratings Changes

Separately, Zacks Research downgraded shares of SEEK from a “hold” rating to a “strong sell” rating in a report on Friday, July 31st. One research analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, SEEK presently has a consensus rating of “Reduce”.

Check Out Our Latest Research Report on SKLTY

SEEK Stock Down 0.4%

The business has a 50 day moving average price of $19.47 and a two-hundred day moving average price of $20.52.

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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