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

Shares of SEEK Limited – Unsponsored ADR (OTCMKTS:SKLTY – Get Free Report) gapped down before the market opened on Thursday. The stock had previously closed at $16.42, but opened at $15.81. SEEK shares last traded at $16.30, with a volume of 1,155 shares.

Analyst Ratings Changes

Separately, Zacks Research raised SEEK from a “strong sell” rating to a “hold” rating in a report on Monday. Two investment analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock currently has an average rating of “Hold”.

Get Our Latest Stock Analysis on SKLTY

SEEK Stock Performance

The stock’s 50 day moving average price is $19.39 and its two-hundred day moving average price is $19.41.

About SEEK

(Get Free Report)

SEEK Limited is an Australian online employment and education marketplace headquartered in Melbourne. The company operates digital platforms that connect employers with job seekers and provide information about employment opportunities, career development and education programs.

SEEK’s services include online job advertising, candidate search and recruitment tools, employer branding, salary and labor-market insights, and listings for courses and other training opportunities. Its platforms serve employers, recruiters, job seekers, students and education providers.

Founded in 1997 by Andrew Bassat and Paul Bassat, SEEK has expanded beyond Australia and New Zealand into employment and education markets across Asia, including through platforms such as JobStreet and Jobsdb.

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