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Naspers (OTCMKTS:NPSNY) Stock Price Passes Above 50-Day Moving Average - Time to Sell?

Naspers logo with Consumer Discretionary background

Shares of Naspers Limited (OTCMKTS:NPSNY - Get Free Report) crossed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $49.45 and traded as high as $53.23. Naspers shares last traded at $53.11, with a volume of 69,421 shares.

Wall Street Analysts Forecast Growth

Separately, The Goldman Sachs Group upgraded Naspers to a "strong-buy" rating in a report on Tuesday, March 25th.

View Our Latest Stock Report on NPSNY

Naspers Stock Up 4.8 %

The company has a debt-to-equity ratio of 0.34, a quick ratio of 4.00 and a current ratio of 4.07. The firm's 50-day moving average price is $49.59 and its 200 day moving average price is $46.84.

Naspers Company Profile

(Get Free Report)

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.

Further Reading

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