Schibsted ASA (OTCMKTS:SBSNY) Upgraded by The Goldman Sachs Group to “Strong Sell” Rating

The Goldman Sachs Group upgraded shares of Schibsted ASA (OTCMKTS:SBSNYFree Report) to a strong sell rating in a research report report published on Tuesday,Zacks.com reports.

Schibsted ASA Stock Performance

SBSNY stock opened at $26.23 on Tuesday. Schibsted ASA has a 52-week low of $24.15 and a 52-week high of $42.90. The stock’s fifty day simple moving average is $28.63 and its 200-day simple moving average is $30.83.

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

About Schibsted ASA

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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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