SCHIBSTED SER. A Stock Went Down By Over 9% So Far On Tuesday

(VIANEWS) – Shares of SCHIBSTED SER. A (Oslo Børs Benchmark Index_GI: SCHA.OL) fell 9.49% to kr185.00 at 11:39 EST on Tuesday, following the last session’s downward trend. Oslo Børs Benchmark Index_GI is rising 0.43% to kr1,163.74, following the last session’s upward trend. This seems, at the moment, a somewhat bullish trend trading session today.

SCHIBSTED SER. A’s last close was kr199.50, 15.39% under its 52-week high of kr235.80.

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 classified operations that provide technology-based services to connect buyers and sellers and facilitate transactions from job offers to real estate, cars, travel, consumer goods, and others. The company also offers news brands, such as VG, Aftenposten, Bergens Tidende, Aftonbladet, and Svenska Dagbladet in paper and digital formats, as well as operates printing plant. 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; and Prisjakt, which offers price comparison for consumers. 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 kr3.66.

PE Ratio

SCHIBSTED SER. A has a trailing twelve months price to earnings ratio of 50.48. Meaning, the purchaser of the share is investing kr50.48 for every norwegian krone of annual earnings.

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 -56.72%.

Volume

Today’s last reported volume for SCHIBSTED SER. A is 335625 which is 62.44% above its average volume of 206607.

More news about SCHIBSTED SER. A (SCHA.OL).

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