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

Naspers logo with Consumer Discretionary background

Naspers Ltd. (OTCMKTS:NPSNY - Get Free Report)'s stock price passed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $58.53 and traded as high as $61.79. Naspers shares last traded at $61.65, with a volume of 7,692 shares.

Wall Street Analysts Forecast Growth

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

View Our Latest Analysis on Naspers

Naspers Stock Performance

The company has a 50 day simple moving average of $58.53 and a two-hundred day simple moving average of $50.58.

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.

Further Reading

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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