Naspers (OTCMKTS:NPSNY) Sees Unusually-High Trading Volume – Should You Buy?

Naspers Ltd. (OTCMKTS:NPSNY) shares saw unusually-high trading volume on Thursday . Approximately 101,149 shares traded hands during trading, an increase of 27% from the previous session’s volume of 79,785 shares.The stock last traded at $13.50 and had previously closed at $13.92.

Wall Street Analyst Weigh In

Several equities analysts have commented on NPSNY shares. Zacks Research downgraded Naspers from a “hold” rating to a “strong sell” rating in a report on Tuesday. Barclays restated an “overweight” rating on shares of Naspers in a report on Monday, December 8th. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy”.

Naspers Stock Down 1.7%

The firm has a fifty day simple moving average of $13.39 and a 200 day simple moving average of $40.28. The company has a quick ratio of 3.66, a current ratio of 3.72 and a debt-to-equity ratio of 0.30.

Naspers Company Profile

Naspers is a South African multinational holding company headquartered in Cape Town with principal interests in internet, technology and media businesses. Founded in 1915 as a publisher, the company evolved from traditional newspaper and magazine publishing into a diversified media group with pay-television and publishing operations in South Africa and other markets. Over time Naspers shifted strategy toward technology investments and online platforms, building a global portfolio focused on marketplaces, payments, classifieds and food delivery services.

A defining moment in the company’s modern history was its early investment in China’s Tencent, which helped reshape Naspers into a significant global investor in internet companies.