Naspers (OTCMKTS:NPSNY) Hits New 12-Month Low – Should You Sell?

Shares of Naspers Ltd. (OTCMKTS:NPSNYGet Free Report) hit a new 52-week low on Tuesday . The company traded as low as $8.96 and last traded at $9.05, with a volume of 17905 shares trading hands. The stock had previously closed at $9.06.

Analyst Upgrades and Downgrades

NPSNY has been the subject of a number of recent research reports. The Goldman Sachs Group assumed coverage on shares of Naspers in a research report on Thursday, June 4th. They set a “neutral” rating for the company. Barclays reaffirmed an “overweight” rating on shares of Naspers in a report on Monday, August 17th. One equities research analyst has rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, Naspers presently has an average rating of “Hold”.

View Our Latest Research Report on NPSNY

Naspers Stock Performance

The business’s 50 day moving average price is $9.95 and its 200 day moving average price is $10.42. The company has a debt-to-equity ratio of 0.30, a quick ratio of 2.36 and a current ratio of 2.40.

Naspers Company Profile

(Get Free Report)

Naspers Limited is a South African global consumer-internet and technology investment group. Founded in 1915 as Nasionale Pers, the company began as a publishing business before expanding into pay television, digital media and internet-related investments. Today, Naspers focuses primarily on building and investing in technology businesses that serve consumers in emerging and developed markets.

Naspers’ principal international technology interests are held through Prosus N.V., its separately listed global consumer-internet group.

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