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

Naspers Ltd. (OTCMKTS:NPSNY) saw an uptick in trading volume on Tuesday. 334,914 shares were traded during mid-day trading, an increase of 70% from the average daily volume of 197,288 shares. The stock last traded at $8.30 and had previously closed at $8.1370.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on NPSNY shares. Barclays reiterated an “overweight” rating on shares of Naspers in a report on Monday, August 17th. Zacks Research lowered shares of Naspers from a “hold” rating to a “strong sell” rating in a research report on Tuesday, September 22nd. One analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Hold”.

Naspers Stock Performance

The company has a debt-to-equity ratio of 0.30, a current ratio of 2.40 and a quick ratio of 2.36. The firm has a 50-day simple moving average of $9.03 and a 200 day simple moving average of $10.54.

About Naspers

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.