SCHIBSTED SER. A Stock Impressive Rise Before The Weekend, Outperforms Market

(VIANEWS) – The Market ended the session with SCHIBSTED SER. A (SCHA.OL) rising 12.58% to kr247.00 on Friday, after two sequential sessions in a row of gains. Oslo Børs Benchmark Index_GI jumped 0.28% to kr1,299.66, following the last session’s downward trend on what was a somewhat bullish trend trading session today.

SCHIBSTED SER. A’s last close was kr219.40, 5.59% under its 52-week high of kr232.40.

About SCHIBSTED SER. A

Schibsted ASA, together with its subsidiaries, operates as a media company. The company operates through Nordic Marketplaces, News Media, eCommerce & Distribution, and Financial Services & Ventures 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. The company also publishes newspapers under the VG, Aftenposten, E24, Bergens Tidende, Stavanger Aftenblad, Aftonbladet, Svenska Dagbladet, and Omni brands in paper and digital format; and operates Podme, a podcast platform. In addition, the company distributes newspapers and parcels for businesses and consumers under the Helthjem and Morgenlevering brands. Further, it has a portfolio of digital companies, which include Lendo that offers digital marketplaces for consumer lending; Prisjakt, which offers price comparison for consumers; Ingrid, a delivery platform; Tørn, a marketplace for surplus construction goods; and Savr, a fund platform. The company operates in Norway, Sweden, Finland, Denmark, other European countries, and internationally. Schibsted ASA was founded in 1839 and is headquartered in Oslo, Norway.

Earnings Per Share

As for profitability, SCHIBSTED SER. A has a trailing twelve months EPS of kr-10.93.

Return on Equity

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is negative -8%.

Moving Average

SCHIBSTED SER. A’s value is way higher than its 50-day moving average of kr211.49 and way higher than its 200-day moving average of kr202.28.

Volatility

SCHIBSTED SER. A’s last week, last month’s, and last quarter’s current intraday variation average was 1.08%, 0.11%, and 1.29%.

SCHIBSTED SER. A’s highest amplitude of average volatility was 1.41% (last week), 1.18% (last month), and 1.29% (last quarter).

Stock Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, SCHIBSTED SER. A’s stock is considered to be oversold (<=20).

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