Prosus (OTCMKTS:PROSY) Shares Down 1% – What’s Next?

Prosus N.V. Sponsored ADR (OTCMKTS:PROSYGet Free Report) traded down 1% during trading on Wednesday . The company traded as low as $12.62 and last traded at $12.62. 526,423 shares traded hands during trading, a decline of 9% from the average session volume of 580,239 shares. The stock had previously closed at $12.75.

Analyst Upgrades and Downgrades

PROSY has been the subject of several research reports. Barclays reaffirmed an “overweight” rating on shares of Prosus in a research report on Monday, December 8th. Citigroup reissued a “buy” rating on shares of Prosus in a research note on Thursday, December 11th. One research analyst has rated the stock with a Strong Buy rating and three have assigned a Buy rating to the company. According to data from MarketBeat, Prosus currently has a consensus rating of “Buy”.

Check Out Our Latest Analysis on Prosus

Prosus Stock Down 1.0%

The stock’s fifty day simple moving average is $12.88 and its 200 day simple moving average is $12.63.

About Prosus

(Get Free Report)

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.

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