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Naspers (OTCMKTS:NPSNY) Shares Cross Above 50-Day Moving Average - Should You Sell?

Naspers logo with Consumer Discretionary background

Shares of Naspers Limited (OTCMKTS:NPSNY - Get Free Report) crossed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $48.64 and traded as high as $49.80. Naspers shares last traded at $49.10, with a volume of 22,149 shares traded.

Analysts Set New Price Targets

Separately, The Goldman Sachs Group upgraded shares of Naspers to a "strong-buy" rating in a report on Tuesday, March 25th.

Check Out Our Latest Stock Analysis on NPSNY

Naspers Stock Performance

The company has a debt-to-equity ratio of 0.34, a quick ratio of 4.00 and a current ratio of 4.07. The firm has a 50-day moving average price of $48.77 and a 200-day moving average price of $46.68.

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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