Somewhat Favorable Media Coverage Somewhat Unlikely to Affect Kelly Services (KELYA) Share Price
Media headlines about Kelly Services (NASDAQ:KELYA) have been trending somewhat positive recently, Accern reports. The research group identifies positive and negative news coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Kelly Services earned a media sentiment score of 0.03 on Accern’s scale. Accern also assigned media headlines about the business services provider an impact score of 45.2945598527207 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
A number of research firms recently commented on KELYA. Zacks Investment Research downgraded Kelly Services from a “strong-buy” rating to a “hold” rating in a report on Wednesday, January 10th. BidaskClub downgraded Kelly Services from a “hold” rating to a “sell” rating in a report on Thursday, January 4th.
Kelly Services (NASDAQ KELYA) opened at $28.55 on Tuesday. Kelly Services has a twelve month low of $20.27 and a twelve month high of $30.93. The company has a market capitalization of $1,097.03, a P/E ratio of 14.95 and a beta of 1.11.
In other Kelly Services news, Director Jane E. Dutton sold 6,900 shares of the stock in a transaction that occurred on Thursday, November 30th. The stock was sold at an average price of $29.05, for a total transaction of $200,445.00. Following the transaction, the director now owns 24,180 shares in the company, valued at $702,429. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Leslie A. Murphy sold 7,500 shares of the stock in a transaction that occurred on Friday, November 17th. The shares were sold at an average price of $28.69, for a total value of $215,175.00. Following the transaction, the director now owns 22,695 shares in the company, valued at approximately $651,119.55. The disclosure for this sale can be found here. Insiders sold 17,400 shares of company stock worth $499,800 in the last 90 days. 13.30% of the stock is currently owned by corporate insiders.
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Kelly Services Company Profile
Kelly Services, Inc is a workforce solutions provider, which is engaged in offering a range of specialty services. The Company provides workforce solutions in three regions: the Americas; Europe, the Middle East and Africa (EMEA), and Asia Pacific (APAC). The Company’s segments are Americas Commercial, Americas Professional and Technical (Americas PT), EMEA Commercial, EMEA Professional and Technical (EMEA PT), and Outsourcing and Consulting Group (OCG).
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