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Should You Buy Kelly Services, Inc. Class B (KELYB) Stock After it Is Higher By 9.30% in a Week?

Monday, August 24, 2020 11:54 AM | InvestorsObserver Analysts

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Should You Buy Kelly Services, Inc. Class B (KELYB) Stock After it Is Higher By 9.30% in a Week?

Overall market sentiment has been neutral on Kelly Services, Inc. Class B (KELYB) stock lately. KELYB receives a Neutral rating from InvestorsObserver's Stock Sentiment Indicator.

Sentiment Score - ,neutral
Kelly Services, Inc. Class B has a Neutral sentiment reading. Find out what this means for you and get the rest of the rankings on KELYB!

What is Stock Sentiment?

In investing, sentiment generally means whether or not a given security is in favor with investors. It is typically a pretty short-term metric that relies entirely on technical analysis. That means it doesn’t incorporate anything to do with the health or profitability of the underlying company.

Recent trends are a good indator of current market sentiments. In its most basic form, stocks that are trending up are desirable by investors while stocks currently falling must be unattractive.

InvestorsObserver's Sentimental Indicator tracks both changes in price and volume to analyze the most recent trends. Typically an increase in volume indicates ongoing trends are getting stronger, while a decrease in volume usually signals an end to the current trend.

Available options can also represent current sentiments for a given stock. Since investors are able to bet on future trends of stocks using options, we consider the ratio of calls to puts when analyzing market sentiments .

What's Happening With KELYB Stock Today?

Kelly Services, Inc. Class B (KELYB) stock is trading at $34.43 as of 11:53 AM on Monday, Aug 24, an increase of $2.48, or 7.77% from the previous closing price of $31.95. The stock has traded between $30.47 and $62.00 so far today. Volume today is high. So far 266,752 shares have traded compared to average volume of 42,319 shares.

To see the top 5 stocks in the Staffing & Employment Services industry click here.

More About Kelly Services, Inc. Class B

Kelly Services Inc is a provider of workforce solutions and consulting and staffing services. The company's operations are divided into three business segments namely Americas Staffing, Global Talent Solutions ("GTS") and International Staffing. It provides staffing solutions through its branch networks in Americas and International operations and also provides a suite of innovative talent fulfilment and outcome-based solutions through GTS segment. Americas Staffing generates maximum revenue from its operations.

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