UBS Group upgraded shares of Schibsted ASA (OTCMKTS:SBSNY – Free Report) to a hold rating in a research report sent to investors on Thursday, Zacks.com reports.
Schibsted ASA Stock Performance
Shares of OTCMKTS SBSNY opened at $30.80 on Thursday. Schibsted ASA has a 52 week low of $22.13 and a 52 week high of $42.90. The business has a 50-day simple moving average of $30.41 and a two-hundred day simple moving average of $30.24.
Schibsted ASA Cuts Dividend
The firm also recently declared a dividend, which was paid on Monday, September 30th. Stockholders of record on Wednesday, September 4th were given a dividend of $0.5459 per share. The ex-dividend date of this dividend was Wednesday, September 4th. Schibsted ASA’s dividend payout ratio (DPR) is presently 8.09%.
Schibsted ASA Company Profile
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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