Naspers (OTCMKTS:NPSNY) Reaches New 1-Year High - Time to Buy?

Key Points

• Naspers Ltd. (OTCMKTS:NPSNY) has reached a new 52-week high in its stock price at $71.85 during recent trading.
• Wall Street analysts have upgraded Naspers from a "hold" to a "buy" rating, with overall consensus now a "Strong Buy".
• The company's current ratios indicate strong financial health, with a quick ratio of 3.43 and a debt-to-equity ratio of 0.30.

Naspers Ltd. (OTCMKTS:NPSNY - Get Free Report)'s share price hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $71.85 and last traded at $71.85, with a volume of 255 shares changing hands. The stock had previously closed at $70.39.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen raised Naspers from a "hold" rating to a "buy" rating in a report on Saturday, September 13th. One investment analyst has rated the stock with a Strong Buy rating, Based on data from MarketBeat, the stock currently has a consensus rating of "Strong Buy".

Naspers Stock Performance

The business's 50-day moving average is $65.83 and its 200 day moving average is $59.10. The company has a debt-to-equity ratio of 0.30, a quick ratio of 3.43 and a current ratio of 3.48.

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.

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