SEEK (OTCMKTS:SKLTY) Hits New 12-Month Low – Here’s What Happened

SEEK Limited – Unsponsored ADR (OTCMKTS:SKLTY) shares reached a new 52-week low during trading on Thursday . The stock traded as low as $15.8050 and last traded at $15.8050, with a volume of 597 shares traded. The stock had previously closed at $17.27.

Analyst Ratings Changes

Separately, Zacks Research cut 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 MarketBeat, the stock currently has a consensus rating of “Reduce”.

SEEK Price Performance

The business’s 50-day moving average price is $19.77 and its 200-day moving average price is $19.65.

SEEK Company Profile

SEEK Limited is an Australia-based online employment marketplace and education services company. Through its SEEK platform, the company connects job seekers with employers, allowing individuals to search and apply for vacancies while helping businesses advertise roles, identify candidates and manage recruitment activities.

SEEK also provides employment-related products and services, including recruitment advertising, candidate sourcing, employer branding and related hiring solutions. In addition, the company operates education marketplaces that help prospective students discover courses and training opportunities.

Founded in 1997 by Andrew Bassat and Paul Bassat, SEEK serves employers, recruiters, job seekers and education providers across Australia and New Zealand, as well as selected markets in Asia.