ValuEngine upgraded shares of Naspers (OTCMKTS:NPSNY) from a sell rating to a hold rating in a research report sent to investors on Friday morning.
Separately, Barclays initiated coverage on shares of Naspers in a report on Friday, November 9th. They set a buy rating on the stock.
NPSNY traded up $0.32 during trading on Friday, reaching $39.95. 206,360 shares of the company’s stock were exchanged, compared to its average volume of 549,375. Naspers has a one year low of $32.31 and a one year high of $62.90. The company has a debt-to-equity ratio of 0.17, a current ratio of 3.16 and a quick ratio of 3.10. The firm has a market capitalization of $83.00 billion, a price-to-earnings ratio of 35.04 and a beta of 1.36.
Naspers Limited provides Internet and entertainment services worldwide. The company builds various companies that empower people and enrich communities; and runs various platforms in Internet, video entertainment, and media. It connects people to each other and the wider world, help people in improving their daily lives, and entertain audiences with the local and global content.
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To view ValuEngine’s full report, visit ValuEngine’s official website.
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