Naspers (OTCMKTS:NPSNY) Share Price Crosses Below Fifty Day Moving Average of $29.20

Naspers Limited (OTCMKTS:NPSNYGet Rating) shares passed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $29.20 and traded as low as $26.43. Naspers shares last traded at $26.71, with a volume of 75,354 shares.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on NPSNY shares. Barclays cut Naspers from an “overweight” rating to an “equal weight” rating in a report on Tuesday, May 24th. Investec raised Naspers from a “hold” rating to a “buy” rating in a report on Friday, September 9th. One analyst has rated the stock with a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy”.

Naspers Stock Performance

The company has a quick ratio of 3.22, a current ratio of 3.35 and a debt-to-equity ratio of 0.32. The business has a 50 day simple moving average of $29.20 and a two-hundred day simple moving average of $24.89.

Naspers Company Profile

(Get Rating)

Naspers Limited operates in the consumer internet industry worldwide. It operates through Classifieds, Food Delivery, Payments and Fintech, Etail, Edtech, and Other Ecommerce segments. It holds investments in classifieds, food delivery, payments and fintech, education, health, and ecommerce, as well as ventures, and social and internet platforms; and offers eMAG platform for online food and grocery delivery network.

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