Kelly Services, Inc. (NASDAQ:KELYB) Short Interest Update
by Doug Wharley · The Cerbat GemKelly Services, Inc. (NASDAQ:KELYB – Get Free Report) was the target of a large decline in short interest during the month of March. As of March 31st, there was short interest totaling 307 shares, a decline of 93.4% from the March 15th total of 4,669 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 5,121 shares, the short-interest ratio is currently 0.1 days.
Wall Street Analyst Weigh In
Separately, Weiss Ratings reiterated a “sell (d)” rating on shares of Kelly Services in a research note on Friday, March 27th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, Kelly Services currently has a consensus rating of “Sell”.
Check Out Our Latest Stock Analysis on KELYB
Kelly Services Stock Performance
Shares of Kelly Services stock traded down $0.15 during mid-day trading on Friday, hitting $15.59. 4,639 shares of the stock were exchanged, compared to its average volume of 27,779. Kelly Services has a 12 month low of $8.38 and a 12 month high of $125.00. The company has a 50-day simple moving average of $15.20 and a 200 day simple moving average of $12.40. The company has a debt-to-equity ratio of 0.10, a quick ratio of 1.54 and a current ratio of 1.54. The company has a market capitalization of $533.33 million, a P/E ratio of -2.14 and a beta of 0.64.
Kelly Services (NASDAQ:KELYB – Get Free Report) last posted its earnings results on Thursday, February 12th. The business services provider reported $0.16 EPS for the quarter. Kelly Services had a negative net margin of 5.98% and a positive return on equity of 4.05%. The firm had revenue of $1.05 billion for the quarter.
Kelly Services Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Wednesday, March 11th. Shareholders of record on Wednesday, February 25th were given a dividend of $0.075 per share. The ex-dividend date of this dividend was Wednesday, February 25th. This represents a $0.30 annualized dividend and a dividend yield of 1.9%. Kelly Services’s dividend payout ratio (DPR) is currently -4.13%.
Kelly Services Company Profile
Kelly Services, Inc engages in staffing and workforce solutions. It operates through the following segments: Americas Staffing, Global Talent Solutions, and International Staffing. The Americas Staffing segment delivers temporary staffing, as well as direct-hire placement services, in a number of specialty staffing services, including office, education, marketing, electronic assembly, light industrial, science, engineering, and information technology in United States, Puerto Rico, Canada, Mexico and Brazil.