Naspers (OTCMKTS:NPSNY) Share Price Crosses Above Fifty Day Moving Average - Time to Sell?
Naspers Ltd. (OTCMKTS:NPSNY - Get Free Report) shares crossed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $59.81 and traded as high as $62.78. Naspers shares last traded at $62.01, with a volume of 13,488 shares changing hands.
Separately, The Goldman Sachs Group raised shares of Naspers to a "strong-buy" rating in a report on Tuesday, March 25th.
Get Our Latest Research Report on NPSNY
The company has a current ratio of 3.48, a quick ratio of 3.43 and a debt-to-equity ratio of 0.30. The business has a 50-day moving average price of $59.81 and a 200 day moving average price of $51.44.
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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