Naspers (OTCMKTS:NPSNY) Sets New 12-Month High - Should You Buy?

Key Points

• Naspers Ltd. shares reached a new 52-week high at $68.69, indicating a positive market performance.
• Analyst ratings for Naspers were upgraded from a "hold" to a "buy," with a current consensus rating of “Strong Buy”.
• The company operates in various sectors including classifieds, food delivery, and fintech, showing a diverse investment strategy across multiple industries.

Naspers Ltd. (OTCMKTS:NPSNY - Get Free Report) shares hit a new 52-week high on Monday . The stock traded as high as $68.69 and last traded at $68.69, with a volume of 2149 shares. The stock had previously closed at $67.77.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen upgraded shares of Naspers from a "hold" rating to a "buy" rating in a research note on Saturday, September 13th. One investment analyst has rated the stock with a Strong Buy rating, According to data from MarketBeat.com, the stock has a consensus rating of "Strong Buy".

Naspers Price Performance

The firm's 50 day moving average is $64.86 and its two-hundred day moving average is $58.23. The company has a quick ratio of 3.43, a current ratio of 3.48 and a debt-to-equity ratio of 0.30.

Naspers Company Profile

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.