Schibsted ASA (OTCMKTS:SBSNY) Shares Up 7.4% – Still a Buy?

Schibsted ASA (OTCMKTS:SBSNYGet Free Report) was up 7.4% on Thursday . The stock traded as high as $31.84 and last traded at $31.84. Approximately 2,025 shares changed hands during trading, a decline of 19% from the average daily volume of 2,511 shares. The stock had previously closed at $29.65.

Schibsted ASA Price Performance

The business’s 50-day moving average is $31.21 and its two-hundred day moving average is $31.17.

Schibsted ASA (OTCMKTS:SBSNYGet Free Report) last released its earnings results on Friday, February 7th. The company reported $0.46 EPS for the quarter.

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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