Schibsted ASA (OTCMKTS:SBSNY – Get Free Report) was upgraded by stock analysts at The Goldman Sachs Group to a “strong sell” rating in a research note issued to investors on Tuesday,Zacks.com reports.
Schibsted ASA Trading Down 1.1 %
Shares of SBSNY stock opened at $26.23 on Tuesday. The firm’s 50-day simple moving average is $28.63 and its 200-day simple moving average is $30.83. Schibsted ASA has a 1-year low of $24.15 and a 1-year high of $42.90.
Schibsted ASA (OTCMKTS:SBSNY – Get Free Report) last posted its quarterly earnings results on Friday, February 7th. The company reported $0.46 earnings per share for the quarter.
About Schibsted ASA
Schibsted ASA, together with its subsidiaries, operates as a media company. The company operates through Nordic Marketplaces, News Media, Delivery and Growth & Investments segments. It operates online classifieds that provide technology-based services to connect buyers and sellers, and facilitate transactions, including job offers, real estate, cars, travel, consumer goods, and others.
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