Naspers Ltd. (OTCMKTS:NPSNY - Get Free Report) was the recipient of a large growth in short interest during the month of March. As of March 13th, there was short interest totaling 518,306 shares, a growth of 33.2% from the February 26th total of 389,180 shares. Based on an average daily volume of 495,564 shares, the short-interest ratio is currently 1.0 days. Approximately 0.0% of the company's shares are short sold.
Wall Street Analysts Forecast Growth
A number of research analysts have commented on the company. Wall Street Zen lowered Naspers from a "buy" rating to a "hold" rating in a research report on Monday, February 23rd. Zacks Research cut Naspers from a "hold" rating to a "strong sell" rating in a report on Tuesday, March 24th. Finally, Barclays reiterated an "overweight" rating on shares of Naspers in a research report on Monday, December 8th. One research analyst has rated the stock with a Buy rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of "Hold".
Read Our Latest Report on NPSNY
Naspers Stock Down 1.6%
Shares of NPSNY stock opened at $10.07 on Friday. Naspers has a one year low of $8.34 and a one year high of $15.15. The company has a quick ratio of 3.66, a current ratio of 3.72 and a debt-to-equity ratio of 0.30. The stock has a 50-day moving average of $11.54 and a 200-day moving average of $21.28.
About Naspers
(
Get Free Report)
Naspers is a South African multinational holding company headquartered in Cape Town with principal interests in internet, technology and media businesses. Founded in 1915 as a publisher, the company evolved from traditional newspaper and magazine publishing into a diversified media group with pay-television and publishing operations in South Africa and other markets. Over time Naspers shifted strategy toward technology investments and online platforms, building a global portfolio focused on marketplaces, payments, classifieds and food delivery services.
A defining moment in the company's modern history was its early investment in China's Tencent, which helped reshape Naspers into a significant global investor in internet companies.
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