Naspers (OTCMKTS:NPSNY) Sees Unusually-High Trading Volume – Here’s Why

Naspers Ltd. (OTCMKTS:NPSNYGet Free Report) shares saw unusually-strong trading volume on Wednesday . Approximately 178,200 shares changed hands during mid-day trading, a decline of 2% from the previous session’s volume of 182,135 shares.The stock last traded at $12.30 and had previously closed at $12.45.

Wall Street Analyst Weigh In

NPSNY has been the subject of several research analyst reports. Wall Street Zen raised shares of Naspers from a “hold” rating to a “buy” rating in a research note on Saturday, September 13th. Zacks Research upgraded shares of Naspers from a “hold” rating to a “strong-buy” rating in a report on Thursday, November 13th. Two analysts have rated the stock with a Strong Buy rating, Based on data from MarketBeat.com, the stock has a consensus rating of “Strong Buy”.

Read Our Latest Report on Naspers

Naspers Stock Performance

The company has a debt-to-equity ratio of 0.30, a quick ratio of 3.43 and a current ratio of 3.48. The stock’s 50 day simple moving average is $24.56 and its 200-day simple moving average is $49.77.

About Naspers

(Get Free Report)

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.

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