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

Naspers Limited (OTCMKTS:NPSNYGet Free Report) shares crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $47.15 and traded as high as $50.05. Naspers shares last traded at $49.71, with a volume of 37,686 shares trading hands.

Naspers Stock Up 1.6 %

The company has a 50 day simple moving average of $47.15 and a two-hundred day simple moving average of $42.89.

Naspers Increases Dividend

The business also recently announced a dividend, which will be paid on Thursday, December 19th. Investors of record on Friday, December 6th will be given a dividend of $0.1325 per share. This is a positive change from Naspers’s previous dividend of $0.07. The ex-dividend date is Friday, December 6th.

About Naspers

(Get Free Report)

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.

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