Naspers (OTCMKTS:NPSNY) was downgraded by research analysts at ValuEngine from a “hold” rating to a “sell” rating in a research report issued on Tuesday.

Shares of Naspers stock traded down $3.05 during trading on Tuesday, hitting $41.96. 1,009,067 shares of the stock were exchanged, compared to its average volume of 427,922. The stock has a market cap of $98.84 billion, a P/E ratio of 36.81 and a beta of 1.20. Naspers has a 12-month low of $41.58 and a 12-month high of $62.90.

About Naspers

Naspers Limited provides Internet and entertainment services worldwide. It builds various companies that empower people and enrich communities; and runs various platforms in Internet, video entertainment, and media. The company connects people to each other and the wider world, help people in improving their daily lives, and entertain audiences with the local and global content.

Further Reading: Relative Strength Index

To view ValuEngine’s full report, visit ValuEngine’s official website.

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