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

Naspers Limited (OTCMKTS:NPSNYGet Free Report)’s stock price passed 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.

Wall Street Analysts Forecast Growth

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

View Our Latest Analysis on Naspers

Naspers Stock Down 7.0 %

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

About Naspers

(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.

Featured Articles

Receive News & Ratings for Naspers Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Naspers and related companies with MarketBeat.com's FREE daily email newsletter.