Kelly Services (NASDAQ:KELYB) Stock Crosses Below 200 Day Moving Average of $24.72

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Kelly Services, Inc. (NASDAQ:KELYB) crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $24.72 and traded as low as $28.00. Kelly Services shares last traded at $28.00, with a volume of 0 shares changing hands.

The company has a market cap of $1.05 billion, a PE ratio of 10.49 and a beta of 0.60. The company has a quick ratio of 1.50, a current ratio of 1.50 and a debt-to-equity ratio of 0.04. The company has a 50-day moving average of $27.92 and a 200-day moving average of $24.75.

Kelly Services (NASDAQ:KELYB) last announced its earnings results on Wednesday, August 7th. The business services provider reported $0.72 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.56 by $0.16. Kelly Services had a return on equity of 8.41% and a net margin of 2.09%. The company had revenue of $1.37 billion for the quarter. During the same period in the previous year, the firm earned $0.54 EPS.

The firm also recently disclosed a quarterly dividend, which was paid on Friday, August 30th. Shareholders of record on Tuesday, August 20th were given a $0.075 dividend. The ex-dividend date was Monday, August 19th. This represents a $0.30 annualized dividend and a yield of 1.07%.

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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