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

Key Points

• Naspers Ltd. (OTCMKTS:NPSNY) has reached a new 52-week low at $13.69, with the stock last trading at $13.72 amid a volume of 349,590 shares.
• Despite the recent drop, analysts have upgraded the stock's rating; Wall Street Zen has moved Naspers to a "buy" rating, while Zacks Research upgraded it to a "hold".
• The company operates in various sectors, including ecommerce, food delivery, and payments and fintech, indicating a diverse investment portfolio across multiple markets.

Naspers Ltd. (OTCMKTS:NPSNY - Get Free Report)'s stock price hit a new 52-week low during trading on Thursday . The company traded as low as $13.69 and last traded at $13.72, with a volume of 349590 shares changing hands. The stock had previously closed at $13.84.

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on NPSNY. Wall Street Zen upgraded shares of 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 assigned a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of "Buy".

Naspers Stock Down 0.5%

The stock has a fifty day moving average price of $62.48 and a two-hundred day moving average price of $58.92. The company has a debt-to-equity ratio of 0.30, a current ratio of 3.48 and a quick ratio of 3.43.

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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