Schibsted ASA (OTCMKTS:SBSNY – Get Free Report) was upgraded by Zacks Research from a “hold” rating to a “strong-buy” rating in a research note issued on Wednesday,Zacks.com reports.
Schibsted ASA Stock Down 0.9%
SBSNY stock opened at $24.50 on Wednesday. The business’s 50-day moving average is $25.50 and its two-hundred day moving average is $26.26. Schibsted ASA has a 1 year low of $18.00 and a 1 year high of $45.00.
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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