Naspers (OTCMKTS:NPSNY) Shares Cross Above 50-Day Moving Average – Here’s Why

by · The Cerbat Gem

Naspers Limited (OTCMKTS:NPSNY – Get Free Report)’s stock price crossed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $48.64 and traded as high as $49.80. Naspers shares last traded at $49.10, with a volume of 22,149 shares traded.

Analyst Ratings Changes

Separately, The Goldman Sachs Group upgraded Naspers to a “strong-buy” rating in a research report on Tuesday, March 25th.

Get Our Latest Stock Analysis on Naspers

Naspers Stock Down 7.0 %

The stock has a fifty day simple moving average of $48.73 and a two-hundred day simple moving average of $46.61. The company has a current ratio of 4.07, a quick ratio of 4.00 and a debt-to-equity ratio of 0.34.

Naspers Company Profile

(Get Free Report)

Naspers Limited operates in the consumer internet industry in Africa, Asia, Europe, Latin America, North America. The company operates through Classifieds, Food Delivery, Payments and Fintech, Etail, Edtech, Social and Internet Platforms, Media24, 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.

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