Naspers (OTCMKTS:NPSNY) Stock Rating Lowered by Zacks Research

Naspers (OTCMKTS:NPSNY) was downgraded by investment analysts at Zacks Research from a “hold” rating to a “strong sell” rating in a research note issued to investors on Tuesday, Zacks reports.

Several other equities research analysts have also recently weighed in on NPSNY. The Goldman Sachs Group started coverage on Naspers in a report on Thursday, June 4th. They set a “neutral” rating for the company. Barclays reiterated an “overweight” rating on shares of Naspers in a research report on Monday, August 17th. One equities research analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Hold”.

Naspers Price Performance

OTCMKTS NPSNY opened at $8.78 on Tuesday. The company has a 50-day simple moving average of $9.80 and a two-hundred day simple moving average of $10.35. The company has a debt-to-equity ratio of 0.30, a quick ratio of 2.36 and a current ratio of 2.40. Naspers has a 12-month low of $8.72 and a 12-month high of $15.15.

Naspers Company Profile

Naspers Limited is a South African global consumer-internet and technology investment group. Founded in 1915 as Nasionale Pers, the company began as a publishing business before expanding into pay television, digital media and internet-related investments. Today, Naspers focuses primarily on building and investing in technology businesses that serve consumers in emerging and developed markets.

Naspers’ principal international technology interests are held through Prosus N.V., its separately listed global consumer-internet group.