Schibsted ASA (OTCMKTS:SBSNY) Stock Price Up 12.9% – Time to Buy?

Schibsted ASA (OTCMKTS:SBSNYGet Free Report)’s stock price traded up 12.9% during trading on Monday . The stock traded as high as $35.60 and last traded at $35.60. 239 shares traded hands during mid-day trading, a decline of 92% from the average session volume of 2,829 shares. The stock had previously closed at $31.54.

Analyst Ratings Changes

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

Read Our Latest Stock Analysis on SBSNY

Schibsted ASA Stock Performance

The company’s fifty day moving average price is $32.32 and its two-hundred day moving average price is $30.83.

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.

Further Reading

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