SEEK (OTCMKTS:SKLTY) Shares Gap Down – What’s Next?

SEEK Limited – Unsponsored ADR (OTCMKTS:SKLTY – Get Free Report) shares 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 changing hands.

Analyst Ratings Changes

Separately, Zacks Research raised shares of SEEK from a “strong sell” rating to a “hold” rating in a research note on Monday. Two research analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the company presently has a consensus rating of “Hold”.

Read Our Latest Stock Analysis on SEEK

SEEK Stock Performance

The stock’s 50-day moving average is $19.39 and its 200-day moving average 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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