Large Outflow of Money Witnessed in Kelly Services

Shares of Kelly Services (NASDAQ:KELYA) traded 0.06 points or 0.31% higher at $19.19.The total intraday money flow for the shares came in at a disappointing $(-3.46) million. The total upticks amounted to $0.26 million and the total downticks were approximately $3.73 million, with the up/down ratio of 0.07. On a different note, the shares have seen -0.72% price change during the week.In a block trade which occurred during the day, the stock had an inflow of $0 million in upticks and an outflow of $3.39 million in downticks. The up/down ratio for the block was found to be 0. The net money flow for the block transaction was $(-3.39) million.


Currently the company Insiders own 16.1% of Kelly Services shares according to the proxy statements. Institutional Investors own 67.92% of Kelly Services shares. On the companys insider trading activities,The officer (Executive VP & COO) of Kelly Services Inc, Corona George S sold 13,973 shares at $16.75 on November 11, 2015. The Insider selling transaction had a total value worth of $234,048. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

Kelly Services (NASDAQ:KELYA) : On Monday heightened volatility was witnessed in Kelly Services (NASDAQ:KELYA) which led to swings in the share price. The stock opened for trading at $19.15 and hit $19.32 on the upside , eventually ending the session at $19.19, with a gain of 0.31% or 0.06 points. The heightened volatility saw the trading volume jump to 261,273 shares. The 52-week high of the share price is $20.1521 and the company has a market cap of $730 million. The 52-week low of the share price is at $13.47 .

Kelly Services, Inc. (Kelly) is a global workforce solutions provider. The Company operates as a staffing provider, which offers an array of specialty services. The Company places professional and technical employees at various levels in engineering, information technology (IT), science, law and healthcare. It provides workforce solutions in three regions: the Americas; Europe, the Middle East and Africa (EMEA), and Asia Pacific (APAC). The Company operates in seven business segments: Americas Commercial, Americas Professional and Technical (Americas PT), EMEA Commercial, EMEA Professional and Technical (EMEA PT), APAC Commercial, APAC Professional and Technical (APAC PT), and Outsourcing and Consulting Group (OCG). It also offers services in office, education, contact center, light industrial and electronic assembly staffing. Kelly offers a range of outsourcing and consulting services, as well as staffing on a temporary, temporary-to-hire and direct placement basis.

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