Prosus (OTCMKTS:PROSY) Shares Gap Up – Still a Buy?

Shares of Prosus N.V. Sponsored ADR (OTCMKTS:PROSY) gapped up prior to trading on Tuesday . The stock had previously closed at $9.97, but opened at $10.75. Prosus shares last traded at $10.84, with a volume of 198,087 shares.

Analyst Ratings Changes

A number of research firms recently issued reports on PROSY. Citigroup reissued 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 report on Monday, December 8th. One analyst has rated the stock with a Strong Buy rating and three have given a Buy rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Buy”.

Prosus Price Performance

The company has a debt-to-equity ratio of 0.30, a quick ratio of 3.62 and a current ratio of 3.66. The business’s 50-day moving average is $11.29 and its 200-day moving average is $12.49.

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.