Naspers (OTCMKTS:NPSNY) Share Price Crosses Below 50-Day Moving Average – Should You Sell?

Naspers Ltd. (OTCMKTS:NPSNY)’s stock price passed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $13.13 and traded as low as $12.88. Naspers shares last traded at $13.00, with a volume of 150,820 shares trading hands.

Analyst Ratings Changes

Several analysts have issued reports on the stock. Zacks Research downgraded shares of Naspers from a “hold” rating to a “strong sell” rating in a research report on Tuesday, January 13th. Barclays reaffirmed an “overweight” rating on shares of Naspers in a report on Monday, December 8th. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Naspers presently has a consensus rating of “Moderate Buy”.

Naspers Price Performance

The company has a debt-to-equity ratio of 0.30, a quick ratio of 3.66 and a current ratio of 3.72. The company has a 50 day moving average price of $13.13 and a 200 day moving average price of $36.87.

About Naspers

Naspers is a South African multinational holding company headquartered in Cape Town with principal interests in internet, technology and media businesses. Founded in 1915 as a publisher, the company evolved from traditional newspaper and magazine publishing into a diversified media group with pay-television and publishing operations in South Africa and other markets. Over time Naspers shifted strategy toward technology investments and online platforms, building a global portfolio focused on marketplaces, payments, classifieds and food delivery services.

A defining moment in the company’s modern history was its early investment in China’s Tencent, which helped reshape Naspers into a significant global investor in internet companies.