Kelly Services (NASDAQ:KELYB) Shares Pass Above 200 Day Moving Average of $16.74

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Kelly Services, Inc. (NASDAQ:KELYB)’s share price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $16.74 and traded as high as $17.50. Kelly Services shares last traded at $17.50, with a volume of 11,905 shares traded.

Separately, TheStreet raised shares of Kelly Services from a “d+” rating to a “c-” rating in a research note on Tuesday, August 11th.

The stock has a market capitalization of $668.55 million, a price-to-earnings ratio of -6.28 and a beta of 1.62. The stock’s 50 day moving average is $23.55 and its 200 day moving average is $16.75.

Kelly Services (NASDAQ:KELYB) last issued its quarterly earnings data on Thursday, August 6th. The business services provider reported $0.51 EPS for the quarter, beating the Zacks’ consensus estimate of ($0.11) by $0.62. The firm had revenue of $975.30 million for the quarter. Kelly Services had a negative net margin of 2.18% and a positive return on equity of 5.82%.

Kelly Services Company Profile (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 5G, aeronautical, chemical, civil/structural, electrical/instrumentation, environmental, industrial, mechanical, petroleum, pharmaceutical, quality, and telecommunications.

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