Naspers (OTCMKTS:NPSNY) Reaches New 1-Year Low – Should You Sell?

Shares of Naspers Ltd. (OTCMKTS:NPSNY) reached a new 52-week low on Tuesday . The company traded as low as $8.96 and last traded at $9.05, with a volume of 17905 shares trading hands. The stock had previously closed at $9.06.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on the stock. The Goldman Sachs Group started coverage on shares of Naspers in a report on Thursday, June 4th. They issued a “neutral” rating for the company. Zacks Research raised shares of Naspers from a “strong sell” rating to a “hold” rating in a research report on Tuesday, May 19th. Finally, Barclays reissued an “overweight” rating on shares of Naspers in a research note on Monday, August 17th. One investment analyst has rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold”.

Naspers Stock Performance

The company has a debt-to-equity ratio of 0.30, a quick ratio of 2.36 and a current ratio of 2.40. The firm has a 50 day moving average price of $10.01 and a 200 day moving average price of $10.45.

About Naspers

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.