Prosus N.V. Sponsored ADR (OTCMKTS:PROSY) Given Consensus Rating of “Moderate Buy” by Brokerages

Prosus N.V. Sponsored ADR (OTCMKTS:PROSY) has received an average rating of “Moderate Buy” from the six ratings firms that are presently covering the firm, MarketBeat Ratings reports. Two investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average 1 year target price among brokers that have issued a report on the stock in the last year is $11.10.

PROSY has been the subject of a number of analyst reports. The Goldman Sachs Group initiated coverage on shares of Prosus in a research report on Thursday, June 4th. They issued a “neutral” rating for the company. Zacks Research raised shares of Prosus from a “strong sell” rating to a “hold” rating in a research report on Tuesday, May 19th. Finally, Morgan Stanley reissued an “overweight” rating on shares of Prosus in a research report on Tuesday.

Prosus Trading Down 1.4%

Shares of OTCMKTS:PROSY traded down $0.12 during trading on Tuesday, reaching $8.67. The stock had a trading volume of 896,216 shares, compared to its average volume of 1,175,160. The business has a fifty day moving average price of $9.28 and a 200-day moving average price of $10.38. The company has a debt-to-equity ratio of 0.30, a quick ratio of 3.62 and a current ratio of 3.66. Prosus has a fifty-two week low of $8.36 and a fifty-two week high of $14.70.

About Prosus

Prosus is a global consumer internet group and investment company that focuses on creating and scaling technology businesses across classifieds, food delivery, payments and fintech, education, and e?commerce. Formed as a publicly listed entity in 2019 out of the broader Naspers organization, Prosus combines operating platforms with long?term strategic equity investments in digital companies, seeking to capture growth in online consumer services and financial technology.

The company’s portfolio includes a mix of majority?owned operating businesses and minority stakes in high?growth internet companies.