Schibsted ASA (OTCMKTS:SBSNY – Get Free Report) announced its quarterly earnings results on Friday. The company reported $0.46 earnings per share (EPS) for the quarter, Zacks reports.
Schibsted ASA Stock Up 7.4 %
OTCMKTS:SBSNY traded up $2.19 during trading hours on Friday, hitting $31.84. The company had a trading volume of 2,025 shares, compared to its average volume of 2,511. The company has a 50-day moving average of $31.26 and a 200 day moving average of $31.18. Schibsted ASA has a 1 year low of $24.15 and a 1 year high of $42.90.
Analysts Set New Price Targets
Separately, UBS Group raised Schibsted ASA to a “hold” rating in a research note on Thursday, October 10th.
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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