Prosus N.V. Sponsored ADR (OTCMKTS:PROSY) Receives Average Recommendation of “Moderate Buy” from Analysts

Shares of Prosus N.V. Sponsored ADR (OTCMKTS:PROSY) have been assigned an average recommendation of “Moderate Buy” from the six analysts that are currently covering the company, MarketBeat.com reports. Two investment analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average 1-year price objective among brokers that have issued ratings on the stock in the last year is $11.10.

Several brokerages have recently weighed in on PROSY. The Goldman Sachs Group initiated coverage on shares of Prosus in a report on Thursday, June 4th. They issued a “neutral” rating on the stock. Zacks Research raised shares of Prosus from a “strong sell” rating to a “hold” rating in a report on Tuesday, May 19th. Finally, Morgan Stanley reissued an “overweight” rating on shares of Prosus in a report on Tuesday.

Prosus Price Performance

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

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.