Schibsted ASA (OTCMKTS:SBSNY) Stock Price Down 0.8% – What’s Next?

Schibsted ASA (OTCMKTS:SBSNYGet Free Report) dropped 0.8% during mid-day trading on Wednesday . The stock traded as low as $29.15 and last traded at $29.15. Approximately 1,406 shares changed hands during mid-day trading, an increase of 48% from the average daily volume of 951 shares. The stock had previously closed at $29.38.

Analyst Upgrades and Downgrades

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

Check Out Our Latest Stock Analysis on SBSNY

Schibsted ASA Stock Performance

The stock has a 50-day moving average price of $32.38 and a 200-day moving average price of $31.25.

About Schibsted ASA

(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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