Naspers (OTCMKTS:NPSNY) Sets New 12-Month Low - Here's What Happened

Key Points

• Naspers Ltd. reached a new 52-week low of $14.79 during trading, reflecting a significant drop from its previous close of $74.71.
• Despite recent declines, analysts maintain a generally positive outlook, with one firm upgrading Naspers from "hold" to "buy" and an average rating of "Buy" across assessments.
• The company's diverse operations span various sectors including food delivery, payments, and ecommerce, indicating strong potential for recovery and growth in multiple markets.

Naspers Ltd. (OTCMKTS:NPSNY - Get Free Report)'s share price reached a new 52-week low during trading on Thursday . The company traded as low as $14.79 and last traded at $14.80, with a volume of 15479 shares traded. The stock had previously closed at $74.71.

Wall Street Analyst Weigh In

A number of research firms recently commented on NPSNY. Wall Street Zen upgraded Naspers from a "hold" rating to a "buy" rating in a research report on Saturday, September 13th. Zacks Research raised shares of Naspers from a "strong sell" rating to a "hold" rating in a research note on Monday, September 29th. One analyst has rated the stock with a Strong Buy rating and one has issued a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of "Buy".

Naspers Price Performance

The stock's 50 day moving average price is $67.28 and its 200 day moving average price is $60.19. The company has a current ratio of 3.48, a quick ratio of 3.43 and a debt-to-equity ratio of 0.30.

About Naspers

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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