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Naspers (OTCMKTS:NPSNY) Shares Pass 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 fifty day moving average during trading on Friday . The stock has a fifty day moving average of $52.15 and traded as high as $57.67. Naspers shares last traded at $57.34, with a volume of 37,726 shares changing hands.

Analysts Set New Price Targets

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

Get Our Latest Stock Analysis on NPSNY

Naspers Trading Up 4.0%

The stock has a fifty day moving average price of $52.63 and a 200 day moving average price of $48.55. The company has a debt-to-equity ratio of 0.34, a quick ratio of 4.00 and a current ratio of 4.07.

About Naspers

(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.

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