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

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

A number of other equities analysts also recently commented on PROSY. Citigroup reiterated a “buy” rating on shares of Prosus in a research note on Thursday, December 11th. Barclays reiterated an “overweight” rating on shares of Prosus in a research note on Monday, December 8th. Three equities research analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy”.

Prosus Price Performance

OTCMKTS:PROSY opened at $9.34 on Monday. Prosus has a one year low of $7.75 and a one year high of $14.70. The stock has a 50-day simple moving average of $10.16 and a 200 day simple moving average of $12.07. 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 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.