Naspers (OTCMKTS:NPSNY) Reaches New 12-Month High – Still a Buy?

Naspers Limited (OTCMKTS:NPSNY)’s stock price reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as $61.53 and last traded at $61.40, with a volume of 43368 shares traded. The stock had previously closed at $60.82.

Wall Street Analyst Weigh In

Separately, The Goldman Sachs Group raised Naspers to a “strong-buy” rating in a research report on Tuesday, March 25th.

Naspers Price Performance

The company has a debt-to-equity ratio of 0.34, a current ratio of 4.07 and a quick ratio of 4.00. The stock has a 50-day simple moving average of $53.30 and a 200-day simple moving average of $48.92.

About Naspers

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.