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Naspers (OTCMKTS:NPSNY) Share Price Crosses Below 50 Day Moving Average - Here's Why

Naspers logo with Consumer Discretionary background

Naspers Limited (OTCMKTS:NPSNY - Get Free Report) passed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $46.63 and traded as low as $43.54. Naspers shares last traded at $44.08, with a volume of 12,468 shares trading hands.

Naspers Stock Up 0.9 %

The stock's 50 day moving average is $46.57 and its 200-day moving average is $43.37.

Naspers Increases Dividend

The company also recently declared a dividend, which was paid on Thursday, December 19th. Investors of record on Friday, December 6th were given a dividend of $0.1325 per share. The ex-dividend date was Friday, December 6th. This is a positive change from Naspers's previous dividend of $0.07.

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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