Naspers (OTCMKTS:NPSNY) Lowered to “Strong Sell” Rating by Zacks Research

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

Other analysts also recently issued research reports about the stock. Barclays reissued an “overweight” rating on shares of Naspers in a research report on Monday, December 8th. Wall Street Zen downgraded shares of Naspers from a “buy” rating to a “hold” rating in a research report on Monday, February 23rd. One analyst has rated the stock with a Buy rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold”.

Naspers Trading Up 4.5%

Shares of NPSNY stock opened at $10.69 on Tuesday. Naspers has a 1-year low of $8.34 and a 1-year high of $15.15. The company has a debt-to-equity ratio of 0.30, a current ratio of 3.72 and a quick ratio of 3.66. The stock has a 50-day moving average of $11.67 and a 200-day moving average of $22.06.

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.