Naspers (OTCMKTS:NPSNY) Shares Cross Above Fifty Day Moving Average - Here's What Happened

Published 1 day ago• 2 minute read

– Get Free Report) shares passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $52.15 and traded as high as $57.67. Naspers shares last traded at $57.34, with a volume of 37,726 shares.

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

Read Our Latest Report on Naspers

The company has a quick ratio of 4.00, a current ratio of 4.07 and a debt-to-equity ratio of 0.34. The company’s 50 day simple moving average is $52.15 and its 200-day simple moving average is $48.27.

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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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