Schibsted ASA (OTCMKTS:SBSNY – Get Free Report)’s share price shot up 4.5% during trading on Monday . The company traded as high as $31.82 and last traded at $31.82. 300 shares changed hands during mid-day trading, a decline of 90% from the average session volume of 2,917 shares. The stock had previously closed at $30.45.
Schibsted ASA Price Performance
The stock has a 50 day simple moving average of $30.53 and a 200 day simple moving average of $28.73.
Schibsted ASA Cuts Dividend
The business also recently announced a dividend, which will be paid on Thursday, May 23rd. Investors of record on Tuesday, April 30th will be given a dividend of $0.1209 per share. The ex-dividend date of this dividend is Monday, April 29th. Schibsted ASA’s payout ratio is 0.93%.
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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