Prosus (OTCMKTS:PROSY) Lowered to Strong Sell Rating by Zacks Research

Prosus (OTCMKTS:PROSY) was downgraded by equities researchers at Zacks Research from a “hold” rating to a “strong sell” rating in a research report issued to clients and investors on Monday,Zacks.com reports.

Several other analysts also recently weighed in on the company. Barclays restated an “overweight” rating on shares of Prosus in a research note on Monday, December 8th. Citigroup restated a “buy” rating on shares of Prosus in a research note on Thursday, December 11th. Three analysts have rated the stock with a Buy rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, Prosus presently has an average rating of “Moderate Buy”.

Prosus Price Performance

OTCMKTS:PROSY opened at $9.34 on Monday. The business’s 50-day moving average is $10.16 and its two-hundred day moving average is $12.07. The company has a debt-to-equity ratio of 0.30, a current ratio of 3.66 and a quick ratio of 3.62. Prosus has a 12 month low of $7.75 and a 12 month high of $14.70.

Prosus Company Profile

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.