Naspers (OTCMKTS:NPSNY) Stock Rating Upgraded by Zacks Research

Key Points

• Naspers has been upgraded by Zacks Research from a "strong sell" to a "hold" rating, signaling more favorable analyst sentiment.
• Additionally, Wall Street Zen has upgraded the stock from "hold" to "buy," contributing to an average rating of "Buy" among analysts.
• As of Monday, Naspers' stock opened at $72.64, with a 1-year high of $73.10 and a low of $37.06.

Naspers (OTCMKTS:NPSNY - Get Free Report) was upgraded by analysts at Zacks Research from a "strong sell" rating to a "hold" rating in a research report issued to clients and investors on Monday,Zacks.com reports.

Separately, Wall Street Zen upgraded shares of Naspers from a "hold" rating to a "buy" rating in a research report on Saturday, September 13th. One research analyst has rated the stock with a Strong Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of "Buy".

Naspers Stock Performance

OTCMKTS NPSNY opened at $72.64 on Monday. 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 firm's 50 day simple moving average is $66.17 and its 200 day simple moving average is $59.33. Naspers has a 1 year low of $37.06 and a 1 year high of $73.10.

About Naspers

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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