Naspers (OTCMKTS:NPSNY) Stock Crosses Above 50 Day Moving Average - Here's What Happened

Key Points

• Naspers Ltd. shares have surpassed their 50-day moving average of $63.83, reaching a high of $65.96 during trading.
• The company maintains a quick ratio of 3.43 and a debt-to-equity ratio of 0.30, indicating strong liquidity and manageable debt levels.
• Naspers operates in the consumer internet industry across multiple regions including Africa, Asia, and Europe, with diverse segments such as classifieds, food delivery, and fintech.

Naspers Ltd. (OTCMKTS:NPSNY - Get Free Report) shares crossed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $63.83 and traded as high as $65.96. Naspers shares last traded at $65.96, with a volume of 11,931 shares.

Naspers Stock Up 0.1%

The company has a current ratio of 3.48, a quick ratio of 3.43 and a debt-to-equity ratio of 0.30. The business's 50-day simple moving average is $64.25 and its 200-day simple moving average is $57.67.

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.