SEEK (OTCMKTS:SKLTY) Shares Gap Up – Here’s What Happened

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

Wall Street Analyst Weigh In

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

SEEK Stock Up 1.3%

The firm has a 50 day moving average price of $18.49 and a 200 day moving average price of $19.16.

SEEK Company Profile

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.