The Goldman Sachs Group upgraded shares of Naspers (OTCMKTS:NPSNY - Free Report) to a strong-buy rating in a report released on Tuesday morning,Zacks.com reports.
Naspers Price Performance
OTCMKTS:NPSNY traded down $1.64 during midday trading on Tuesday, hitting $50.01. 16,900 shares of the company were exchanged, compared to its average volume of 60,995. Naspers has a fifty-two week low of $33.33 and a fifty-two week high of $54.36. The company has a debt-to-equity ratio of 0.34, a current ratio of 4.07 and a quick ratio of 4.00. The company has a fifty day simple moving average of $47.86 and a 200 day simple moving average of $46.38.
About Naspers
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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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