Naspers (OTCMKTS:NPSNY) Stock Crosses Above 50-Day Moving Average – Here’s What Happened

Naspers Limited (OTCMKTS:NPSNY) shares passed 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 changing hands.

Naspers Price Performance

The business’s 50-day simple moving average is $47.15 and its two-hundred day simple moving average is $42.88.

Naspers Increases Dividend

The firm also recently declared a dividend, which will be paid on Thursday, December 19th. Shareholders of record on Friday, December 6th will be given a dividend of $0.1325 per share. The ex-dividend date is Friday, December 6th. This is an increase from Naspers’s previous dividend of $0.07.

Naspers Company Profile

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.