Naspers (OTCMKTS:NPSNY) Stock Rating Lowered by Zacks Research

Naspers (OTCMKTS:NPSNY) was downgraded by stock analysts at Zacks Research from a “strong-buy” rating to a “hold” rating in a note issued to investors on Monday,Zacks.com reports.

A number of other analysts have also issued reports on NPSNY. Barclays restated an “overweight” rating on shares of Naspers in a report on Monday, December 8th. Wall Street Zen raised shares of Naspers from a “hold” rating to a “buy” rating in a research note on Saturday, September 13th. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Buy”.

Naspers Stock Performance

OTCMKTS NPSNY traded up $0.18 on Monday, hitting $13.03. 5,460 shares of the company were exchanged, compared to its average volume of 182,060. The company has a debt-to-equity ratio of 0.30, a current ratio of 3.48 and a quick ratio of 3.43. Naspers has a twelve month low of $7.41 and a twelve month high of $15.15. The company’s 50 day moving average price is $14.86 and its 200-day moving average price is $47.09.

About Naspers

Naspers Limited operates in the consumer internet industry in Africa, Asia, Europe, Latin America, North America. The company operates through Classifieds, Food Delivery, Payments and Fintech, Etail, Edtech, Social and Internet Platforms, Media24, and Other Ecommerce segments. It holds investments in classifieds, food delivery, payments and fintech, education, health, and ecommerce, as well as ventures, and social and internet platforms.