Naspers Ltd. (OTCMKTS:NPSNY – Get Free Report) saw strong trading volume on Friday . 252,300 shares were traded during trading, an increase of 35% from the previous session’s volume of 187,356 shares.The stock last traded at $8.82 and had previously closed at $8.94.
Wall Street Analysts Forecast Growth
NPSNY has been the subject of several research reports. The Goldman Sachs Group assumed coverage on Naspers in a research note 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 assigned a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Hold”.
Check Out Our Latest Stock Report on NPSNY
Naspers Stock Down 1.5%
Naspers Company Profile
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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