SEEK (OTCMKTS:SKLTY) Trading 1.7% Higher – Should You Buy?

SEEK Limited – Unsponsored ADR (OTCMKTS:SKLTY)’s stock price shot up 1.7% on Friday . The company traded as high as $20.35 and last traded at $20.0750. 9,492 shares changed hands during mid-day trading, a decline of 22% from the average session volume of 12,232 shares. The stock had previously closed at $19.7360.

SEEK Stock Up 1.7%

The stock has a fifty day moving average of $25.62 and a 200-day moving average of $31.18.

SEEK Company Profile

SEEK Limited (OTCMKTS:SKLTY) is an Australian-based online employment marketplace that connects job seekers with employers across a range of industries. The company’s flagship platform, SEEK, offers employers access to a resume database and a suite of recruitment tools, while providing candidates with job listings, career advice and skills training resources. In addition to its core job-board business, SEEK has expanded its offerings to include talent management solutions and online learning modules designed to upskill workers and meet evolving labour market demands.

Founded in Melbourne in 1997 by Paul Bassat, Andrew Bassat and Matt Rockman, SEEK quickly grew to dominate the Australian and New Zealand recruitment markets.