SEEK (OTCMKTS:SKLTY) Shares Gap Up – Still a Buy?

SEEK Limited – Unsponsored ADR (OTCMKTS:SKLTY) gapped up before the market opened on Thursday. The stock had previously closed at $17.9701, but opened at $18.95. SEEK shares last traded at $18.8850, with a volume of 209 shares trading hands.

Analyst Ratings Changes

Separately, Zacks Research raised SEEK from a “strong sell” rating to a “hold” rating in a research report on Monday, September 28th. Two investment analysts have rated the stock with a Hold rating. According to data from MarketBeat, the stock presently has a consensus rating of “Hold”.

SEEK Trading Down 0.9%

The company’s fifty day simple moving average is $18.42 and its two-hundred day simple moving average is $19.15.

About SEEK

SEEK Limited is an Australia-based online employment marketplace and education services company. Through its digital platforms, the company connects job seekers with employers and provides tools for advertising vacancies, searching for candidates and managing recruitment activities.

SEEK also operates education-related businesses that help users find and compare courses and training opportunities. Its employment marketplaces serve employers, recruiters, students and job seekers across Australia and New Zealand, with the broader SEEK group also holding interests in employment and education platforms in selected international markets.

Founded in 1997, SEEK has expanded from an Australian job-listing website into a broader employment and education technology business.