Kelly Services, Inc. (NASDAQ:KELYB)’s stock price reached a new 52-week low during trading on Wednesday . The stock traded as low as $20.66 and last traded at $20.66, with a volume of 105 shares trading hands. The stock had previously closed at $21.21.
A number of analysts have weighed in on the company. TheStreet cut Kelly Services from a “b” rating to a “c+” rating in a research note on Wednesday, November 6th. ValuEngine raised Kelly Services from a “sell” rating to a “hold” rating in a report on Friday, November 1st.
The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.52 and a current ratio of 1.52. The firm has a market cap of $825.63 million, a price-to-earnings ratio of 9.33 and a beta of 0.53. The firm has a 50-day moving average price of $23.47 and a two-hundred day moving average price of $25.48.
The business also recently disclosed a quarterly dividend, which was paid on Thursday, December 5th. Shareholders of record on Wednesday, November 20th were issued a dividend of $0.075 per share. The ex-dividend date was Tuesday, November 19th. This represents a $0.30 dividend on an annualized basis and a yield of 1.42%.
About Kelly Services (NASDAQ:KELYB)
Kelly Services, Inc, together with its subsidiaries, provides workforce solutions to various industries worldwide. The company operates through three segments: Americas Staffing, Global Talent Solutions, and International Staffing. It provides trained employees for data entry, clerical, and administrative support roles across various industries; schools with instructional and non-instructional employees; support staff for seminars, sales, and trade shows; assemblers, quality control inspectors, and technicians for electronic assembly; maintenance workers, material handlers, and assemblers for light industrial works; scientists, and scientific and clinical research workforce solutions; engineering professionals across various disciplines, including aeronautical, chemical, civil/structural, electrical/instrumentation, environmental, industrial, mechanical, petroleum, pharmaceutical, quality, and telecommunications.
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