SCHIBSTED SER. B Stock 13.47% Up On Monday

(VIANEWS) – The Market ended the session with SCHIBSTED SER. B (SCHB.OL) jumping 13.47% to kr296.60 on Monday while Oslo Børs Benchmark Index_GI jumped 0.37% to kr1,299.18.

SCHIBSTED SER. B’s last close was kr261.40, 1.28% below its 52-week high of kr264.80.

About SCHIBSTED SER. B

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. B has a trailing twelve months EPS of kr65.77.

PE Ratio

SCHIBSTED SER. B has a trailing twelve months price to earnings ratio of 4.51. Meaning, the purchaser of the share is investing kr4.51 for every norwegian krone of annual earnings.

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 42.56%.

Earnings Before Interest, Taxes, Depreciation, and Amortization

SCHIBSTED SER. B’s EBITDA is 4.32.

Stock Price Classification

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

Revenue Growth

Year-on-year quarterly revenue growth grew by 2.6%, now sitting on 15.66B for the twelve trailing months.

More news about SCHIBSTED SER. B (SCHB.OL).

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