Schibsted ASA (OTCMKTS:SBSNY – Get 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
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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