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

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

Wall Street Analyst Weigh In

Separately, Investec upgraded shares of Naspers from a “hold” rating to a “buy” rating in a research report on Friday, September 9th. One analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy”.

Naspers Stock Down 2.8 %

The business’s 50 day moving average is $28.99 and its 200-day moving average is $24.94. The company has a quick ratio of 3.22, a current ratio of 3.35 and a debt-to-equity ratio of 0.32.

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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