Schibsted ASA (OTCMKTS:SBSNY – Get Free Report) traded up 2.2% on Friday . The stock traded as high as $36.07 and last traded at $36.07. 305 shares traded hands during trading, a decline of 88% from the average session volume of 2,474 shares. The stock had previously closed at $35.30.
Wall Street Analysts Forecast Growth
Separately, The Goldman Sachs Group upgraded Schibsted ASA to a “strong sell” rating in a report on Tuesday, March 25th.
Check Out Our Latest Stock Report on Schibsted ASA
Schibsted ASA Stock Performance
Schibsted ASA Cuts Dividend
The company also recently declared a dividend, which was paid on Monday, June 2nd. Shareholders of record on Monday, May 12th were issued a dividend of $0.1151 per share. This represents a yield of 0.37%. The ex-dividend date of this dividend was Friday, May 9th. Schibsted ASA’s dividend payout ratio is presently 6.09%.
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.
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