SEEK (OTCMKTS:SKLTY) Shares Gap Down – Here’s Why

Shares of SEEK Limited – Unsponsored ADR (OTCMKTS:SKLTY – Get Free Report) gapped down prior to trading on Wednesday. The stock had previously closed at $19.95, but opened at $19.27. SEEK shares last traded at $19.27, with a volume of 107 shares.

Analyst Ratings Changes

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

Check Out Our Latest Report on SKLTY

SEEK Stock Performance

The stock has a 50-day moving average price of $18.01 and a 200 day moving average price of $20.14.

About SEEK

(Get Free Report)

SEEK Limited operates online employment marketplaces that connect jobseekers with employers. Its services include job advertising, candidate search and recruitment solutions, helping businesses find talent and people explore career opportunities. The company was founded in Melbourne in 1997 by brothers Andrew and Paul Bassat. It serves markets in Australia and New Zealand, as well as several Asian markets through employment platforms including JobStreet and JobsDB.

Further Reading

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