Kelly Services Hits New 52-Week Low at $15.79 (KELYA)
Shares of Kelly Services (NASDAQ:KELYA) hit a new 52-week low on Thursday , Stock Ratings Network reports. The stock traded as low as $15.79 and last traded at $15.91, with a volume of 89,132 shares changing hands. The stock had previously closed at $16.38.
Separately, analysts at TheStreet downgraded shares of Kelly Services from a “buy” rating to a “hold” rating in a research note on Friday, May 30th.
The stock has a 50-day moving average of $17.09 and a 200-day moving average of $21.03. The company has a market cap of $596.6 million and a P/E ratio of 12.96.
Kelly Services (NASDAQ:KELYA) last announced its earnings results on Wednesday, May 7th. The company reported $0.07 EPS for the quarter, beating the Thomson Reuters consensus estimate of ($0.01) by $0.08. The company had revenue of $1.33 billion for the quarter, compared to the consensus estimate of $1.34 billion. During the same quarter in the prior year, the company posted $0.34 earnings per share. The company’s quarterly revenue was up 1.2% on a year-over-year basis. On average, analysts predict that Kelly Services will post $0.81 earnings per share for the current fiscal year.
Kelly Services, Inc (NASDAQ:KELYA) is a global workforce solutions provider operating throughout the world.
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