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Naspers (OTCMKTS:NPSNY) Stock Price Crosses Above 50-Day Moving Average - Should You Sell?

Naspers logo with Consumer Discretionary background

Naspers Ltd. (OTCMKTS:NPSNY - Get Free Report)'s share price passed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $59.81 and traded as high as $62.78. Naspers shares last traded at $62.01, with a volume of 13,488 shares changing hands.

Analysts Set New Price Targets

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

Check Out Our Latest Analysis on NPSNY

Naspers Trading Up 1.8%

The company has a debt-to-equity ratio of 0.30, a quick ratio of 3.43 and a current ratio of 3.48. The firm's 50-day moving average price is $60.25 and its 200 day moving average price is $51.77.

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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