Schibsted ASA (OTCMKTS:SBSNY – Get Free Report) was upgraded by Zacks Research from a “hold” rating to a “strong-buy” rating in a report released on Wednesday,Zacks.com reports.
Schibsted ASA Stock Down 0.9%
Shares of OTCMKTS SBSNY opened at $24.50 on Wednesday. Schibsted ASA has a twelve month low of $18.00 and a twelve month high of $45.00. The stock has a fifty day simple moving average of $25.50 and a 200-day simple moving average of $26.26.
About Schibsted ASA
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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