Schibsted ASA (OTCMKTS:SBSNY) Shares Down 0.8% – Here’s What Happened

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

Wall Street Analyst Weigh In

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

Check Out Our Latest Research Report on Schibsted ASA

Schibsted ASA Trading Down 2.0 %

The firm’s 50-day moving average is $32.23 and its two-hundred day moving average is $31.22.

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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