Schibsted ASA (OTCMKTS:SBSNY) Upgraded to Strong Sell at The Goldman Sachs Group

The Goldman Sachs Group upgraded shares of Schibsted ASA (OTCMKTS:SBSNYFree Report) to a strong sell rating in a research report sent to investors on Tuesday,Zacks.com reports.

Schibsted ASA Price Performance

Shares of SBSNY opened at $26.23 on Tuesday. Schibsted ASA has a 1-year low of $24.15 and a 1-year high of $42.90. The firm has a 50 day simple moving average of $28.63 and a 200-day simple moving average of $30.83.

Schibsted ASA (OTCMKTS:SBSNYGet Free Report) last announced its earnings results on Friday, February 7th. The company reported $0.46 EPS for the quarter.

Schibsted ASA Company Profile

(Get Free Report)

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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