Shares of Schibsted ASA (OTCMKTS:SBSNY – Get Free Report) were down 1.3% during trading on Thursday . The company traded as low as $34.53 and last traded at $34.53. Approximately 469 shares were traded during trading, a decline of 82% from the average daily volume of 2,664 shares. The stock had previously closed at $34.99.
Analyst Ratings Changes
Separately, The Goldman Sachs Group upgraded shares of Schibsted ASA to a “strong sell” rating in a report on Tuesday, March 25th.
Read Our Latest Analysis on Schibsted ASA
Schibsted ASA Stock Performance
Schibsted ASA Cuts Dividend
The firm also recently declared a dividend, which was paid on Monday, June 2nd. Investors of record on Monday, May 12th were given a dividend of $0.1151 per share. This represents a yield of 0.37%. The ex-dividend date was Friday, May 9th. Schibsted ASA’s payout ratio is 0.85%.
About Schibsted ASA
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.
See Also
- Five stocks we like better than Schibsted ASA
- Breakout Stocks: What They Are and How to Identify Them
- Astera Labs: AI Infrastructure Play With Significant Growth Ahead
- Should You Invest in Penny Stocks?
- Is IBM’s AI Transformation Powering a Sustained Rally?
- Consumer Staples Stocks, Explained
- NVIDIA’s Stock Price Hits New Highs: This Is What’s Next
Receive News & Ratings for Schibsted ASA Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Schibsted ASA and related companies with MarketBeat.com's FREE daily email newsletter.
