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

Naspers Limited (OTCMKTS:NPSNYGet Rating)’s share price crossed 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 traded.

Analyst Ratings Changes

A number of research analysts have issued reports on the company. Barclays downgraded Naspers from an “overweight” rating to an “equal weight” rating in a research note on Tuesday, May 24th. Investec upgraded Naspers from a “hold” rating to a “buy” rating in a research note on Friday, September 9th. One equities research analyst has rated the stock with a hold rating and four have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy”.

Naspers Stock Up 0.5 %

The company has a debt-to-equity ratio of 0.32, a current ratio of 3.35 and a quick ratio of 3.22. The business has a 50 day simple moving average of $29.20 and a 200-day simple moving average of $24.89.

About Naspers

(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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