Naspers (OTCMKTS:NPSNY) Downgraded to Hold Rating by Wall Street Zen

Wall Street Zen cut shares of Naspers (OTCMKTS:NPSNY) from a buy rating to a hold rating in a research note published on Monday morning.

Other equities research analysts also recently issued reports about the company. Zacks Research raised Naspers from a “strong sell” rating to a “hold” rating in a report on Monday, February 2nd. Barclays reiterated an “overweight” rating on shares of Naspers in a research note on Monday, December 8th. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat.com, Naspers currently has a consensus rating of “Buy”.

Naspers Price Performance

Naspers stock opened at $11.42 on Monday. The stock has a 50-day simple moving average of $12.75 and a 200-day simple moving average of $30.17. The company has a debt-to-equity ratio of 0.30, a current ratio of 3.72 and a quick ratio of 3.66. Naspers has a fifty-two week low of $8.34 and a fifty-two week high of $15.15.

About Naspers

Naspers is a South African multinational holding company headquartered in Cape Town with principal interests in internet, technology and media businesses. Founded in 1915 as a publisher, the company evolved from traditional newspaper and magazine publishing into a diversified media group with pay-television and publishing operations in South Africa and other markets. Over time Naspers shifted strategy toward technology investments and online platforms, building a global portfolio focused on marketplaces, payments, classifieds and food delivery services.

A defining moment in the company’s modern history was its early investment in China’s Tencent, which helped reshape Naspers into a significant global investor in internet companies.