The Goldman Sachs Group upgraded shares of Schibsted ASA (OTCMKTS:SBSNY – Free Report) to a strong sell rating in a research note released on Tuesday,Zacks.com reports.
Schibsted ASA Stock Down 1.1 %
Shares of SBSNY stock opened at $26.23 on Tuesday. The stock’s 50-day moving average is $28.63 and its two-hundred day 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 released 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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