Naspers (OTCMKTS:NPSNY) Hits New 1-Year Low – What’s Next?

Naspers Ltd. (OTCMKTS:NPSNY)’s share price hit a new 52-week low during mid-day trading on Thursday. The stock traded as low as $8.13 and last traded at $8.13, with a volume of 24,359 shares. The stock had previously closed at $8.34.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on the company. Zacks Research downgraded Naspers from a “hold” rating to a “strong sell” rating in a report on Tuesday, September 22nd. Barclays reissued an “overweight” rating on shares of Naspers in a research report on Monday, August 17th. One research 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. Based on data from MarketBeat, the company presently has an average rating of “Hold”.

Naspers Trading Down 2.2%

The company has a quick ratio of 2.36, a current ratio of 2.40 and a debt-to-equity ratio of 0.30. The stock has a 50 day moving average price of $9.09 and a 200-day moving average price of $10.04.

Naspers Company Profile

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.