Barclays Lowers Naspers (OTCMKTS:NPSNY) to Equal Weight

Naspers (OTCMKTS:NPSNYGet Rating) was downgraded by Barclays from an “overweight” rating to an “equal weight” rating in a report released on Tuesday, The Fly reports.

A number of other research firms have also weighed in on NPSNY. Investec lowered shares of Naspers from a “buy” rating to a “hold” rating in a research note on Friday, February 11th. JPMorgan Chase & Co. upgraded shares of Naspers from a “neutral” rating to an “overweight” rating in a research note on Tuesday, May 17th. Two analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to MarketBeat, Naspers presently has an average rating of “Buy”.

Shares of Naspers stock opened at $20.02 on Tuesday. The company has a debt-to-equity ratio of 0.20, a quick ratio of 3.00 and a current ratio of 3.10. Naspers has a 12-month low of $17.48 and a 12-month high of $45.62. The firm’s 50 day simple moving average is $21.19 and its two-hundred day simple moving average is $27.17.

About Naspers (Get Rating)

Naspers Limited operates in consumer internet industry worldwide. It operates through Ecommerce, Social and Internet Platforms, and Media segments. The company builds various companies that empower people and enrich communities. It holds investments in classifieds, food delivery, payments and fintech, education, health, and ecommerce, as well as ventures, and social and internet platforms.

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