Prosus (OTCMKTS:PROSY) Stock Price Down 0.2% – Here’s Why

Prosus N.V. Sponsored ADR (OTCMKTS:PROSY)’s share price fell 0.2% during trading on Tuesday . The company traded as low as $14.01 and last traded at $14.13. 355,895 shares changed hands during mid-day trading, a decline of 51% from the average session volume of 728,134 shares. The stock had previously closed at $14.16.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on PROSY. Jefferies Financial Group raised Prosus from a “hold” rating to a “buy” rating in a report on Wednesday, September 3rd. Citigroup reaffirmed a “buy” rating on shares of Prosus in a report on Thursday, September 25th. One analyst has rated the stock with a Strong Buy rating and two have issued a Buy rating to the stock. According to MarketBeat, Prosus currently has an average rating of “Buy”.

Prosus Trading Down 0.2%

The company has a current ratio of 3.54, a quick ratio of 3.50 and a debt-to-equity ratio of 0.29. The stock has a fifty day simple moving average of $13.27 and a 200 day simple moving average of $11.56.

About Prosus

Prosus N.V. engages in the e-commerce and internet businesses in Asia, Europe, Latin America, North America, and internationally. It operates internet platforms, such as classifieds, payments and fintech, food delivery, education technology, etail, ventures, social, and other internet platforms. The company was formerly known as Myriad International Holdings N.V.