Naspers (OTCMKTS:NPSNY) Downgraded to “Hold” Rating by Zacks Research

Zacks Research downgraded shares of Naspers (OTCMKTS:NPSNY) from a strong-buy rating to a hold rating in a report released on Monday,Zacks.com reports.

Several other research firms also recently issued reports on NPSNY. Wall Street Zen upgraded shares of Naspers from a “hold” rating to a “buy” rating in a report on Saturday, September 13th. Barclays reaffirmed an “overweight” rating on shares of Naspers in a report on Monday, December 8th. One investment analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat, Naspers currently has a consensus rating of “Buy”.

Naspers Price Performance

NPSNY opened at $12.85 on Monday. The business has a 50-day moving average of $14.86 and a 200-day moving average of $47.09. Naspers has a fifty-two week low of $7.41 and a fifty-two week high of $15.15. The company has a quick ratio of 3.43, a current ratio of 3.48 and a debt-to-equity ratio of 0.30.

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.