Schibsted ASA (OTCMKTS:SBBTF – Get Free Report) shares were down 13.2% on Tuesday . The stock traded as low as $24.75 and last traded at $24.75. Approximately 100 shares traded hands during trading, a decline of 81% from the average daily volume of 517 shares. The stock had previously closed at $28.50.
Schibsted ASA Trading Down 13.2%
The stock’s 50-day moving average is $26.18 and its two-hundred day moving average is $29.30.
About Schibsted ASA
Schibsted ASA is a leading Nordic media group headquartered in Oslo, Norway, with roots dating back to its founding in 1839 by Christian Schibsted. Over the course of more than 180 years, the company has evolved from a traditional print publisher into a diversified digital business, maintaining a prominent position on the Oslo Stock Exchange and through its OTC-listed American depositary receipts (OTCMKTS:SBBTF).
The company’s operations are organized into several business units, with Marketplaces and Media Norway representing its core activities.
Further Reading
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