SEEK (OTCMKTS:SKLTY) Shares Gap Down – Here’s Why
by Tristan Rich · The Markets DailySEEK Limited – Unsponsored ADR (OTCMKTS:SKLTY – Get Free Report)’s stock price gapped down prior to trading on Wednesday . The stock had previously closed at $19.97, but opened at $18.8952. SEEK shares last traded at $18.8952, with a volume of 379 shares changing hands.
Analyst Upgrades and Downgrades
Separately, Zacks Research cut shares of SEEK from a “hold” rating to a “strong sell” rating in a research note on Friday, July 31st. One investment analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Reduce”.
Check Out Our Latest Report on SEEK
SEEK Stock Performance
The business has a 50 day moving average price of $20.05 and a 200-day moving average price of $20.08.
About SEEK
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.