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

Naspers Limited (OTCMKTS:NPSNY)’s share price passed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $43.65 and traded as high as $46.05. Naspers shares last traded at $45.82, with a volume of 20,358 shares traded.

Naspers Stock Performance

The company has a debt-to-equity ratio of 0.34, a quick ratio of 4.00 and a current ratio of 4.07. The business’s 50 day moving average price is $43.65 and its 200 day moving average price is $43.80.

Naspers Increases Dividend

The company also recently declared a dividend, which was paid on Thursday, December 19th. Investors of record on Friday, December 6th were given a dividend of $0.1325 per share. The ex-dividend date was Friday, December 6th. This is a positive change from Naspers’s previous dividend of $0.07.

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.