Naspers (OTCMKTS:NPSNY) Stock Crosses Above Fifty Day Moving Average of $24.89

Naspers Limited (OTCMKTS:NPSNYGet Rating)’s stock price passed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $24.89 and traded as high as $28.70. Naspers shares last traded at $28.57, with a volume of 56,766 shares trading hands.

Analysts Set New Price Targets

Separately, Investec upgraded shares of Naspers from a “hold” rating to a “buy” rating in a research note on Friday, September 9th.

Naspers Stock Up 2.4 %

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 company’s 50 day simple moving average is $24.89 and its 200 day simple moving average is $25.86.

Naspers Dividend Announcement

The business also recently declared a dividend, which was paid on Thursday, October 20th. Stockholders of record on Friday, October 7th were paid a dividend of $0.0515 per share. The ex-dividend date was Thursday, October 6th. This represents a dividend yield of 0.45%.

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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