Naspers (OTCMKTS:NPSNY) Rating Lowered to Strong Sell at Zacks Research

Naspers (OTCMKTS:NPSNY) was downgraded by Zacks Research from a “hold” rating to a “strong sell” rating in a research note issued on Tuesday,Zacks.com reports.

Several other equities analysts also recently commented on the company. Barclays reiterated an “overweight” rating on shares of Naspers in a research report on Monday, December 8th. Wall Street Zen cut Naspers from a “buy” rating to a “hold” rating in a report on Monday, February 23rd. One equities research analyst has rated the stock with a Buy rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold”.

Naspers Stock Performance

OTCMKTS NPSNY opened at $10.69 on Tuesday. Naspers has a twelve month low of $8.34 and a twelve month high of $15.15. The company has a debt-to-equity ratio of 0.30, a current ratio of 3.72 and a quick ratio of 3.66. The business’s fifty day moving average is $11.67 and its 200 day moving average is $22.06.

About Naspers

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.