Naspers (OTCMKTS:NPSNY) Sets New 12-Month Low – Here’s What Happened

Shares of Naspers Ltd. (OTCMKTS:NPSNY) hit a new 52-week low during trading on Thursday. The company traded as low as $8.13 and last traded at $8.13, with a volume of 24,359 shares changing hands. The stock had previously closed at $8.34.

Analysts Set New Price Targets

Several equities research analysts recently commented on NPSNY shares. Zacks Research lowered shares of Naspers from a “hold” rating to a “strong sell” rating in a research note on Tuesday, September 22nd. Barclays restated an “overweight” rating on shares of Naspers in a report on Monday, August 17th. One research analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Hold”.

Naspers Stock Performance

The company has a fifty day simple moving average of $9.09 and a 200 day simple moving average of $10.04. The company has a quick ratio of 2.36, a current ratio of 2.40 and a debt-to-equity ratio of 0.30.

Naspers Company Profile

Naspers Limited is a South African global consumer internet and technology investment group. The company develops and supports businesses in areas including online commerce, food delivery, classifieds, payments and financial technology, education technology, and other digital services. Its portfolio is primarily managed through Prosus, its international consumer internet subsidiary.

Through Prosus and related investments, Naspers has exposure to digital businesses serving customers and merchants across Europe, India, Latin America, Africa, and other international markets.