Schibsted ASA (OTCMKTS:SBSNY) Trading Down 1% – What’s Next?

Shares of Schibsted ASA (OTCMKTS:SBSNYGet Free Report) fell 1% during trading on Tuesday . The stock traded as low as $29.50 and last traded at $29.50. 1,933 shares changed hands during trading, a decline of 45% from the average session volume of 3,521 shares. The stock had previously closed at $29.80.

Analysts Set New Price Targets

Separately, UBS Group upgraded Schibsted ASA to a “hold” rating in a research report on Thursday, October 10th.

View Our Latest Stock Report on Schibsted ASA

Schibsted ASA Stock Down 1.0 %

The firm has a fifty day simple moving average of $32.98 and a two-hundred day simple moving average of $30.97.

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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