Schibsted ASA (OTCMKTS:SBSNY – Get Free Report)’s stock price traded down 3.7% during trading on Tuesday . The company traded as low as $22.1225 and last traded at $27.00. 1,764 shares were traded during trading, a decline of 43% from the average session volume of 3,071 shares. The stock had previously closed at $28.0375.
Schibsted ASA Stock Down 3.7%
The firm’s fifty day moving average is $30.62 and its 200-day moving average is $35.11.
Schibsted ASA Company Profile
Schibsted ASA is a Norway-based media and technology group headquartered in Oslo. Established in 1839 with the founding of the newspaper Aftenposten, the company has evolved into a leading digital operator in classifieds, online marketplaces and news media. Schibsted leverages data-driven insights and technology platforms to connect buyers and sellers, as well as to deliver news and content to audiences across multiple channels.
In its media division, Schibsted publishes prominent Scandinavian news brands, including Aftenposten in Norway and Verdens Gang (VG), offering both print and digital editions.
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