Prosus (OTCMKTS:PROSY) Shares Gap Down – Here’s What Happened

Prosus N.V. Sponsored ADR (OTCMKTS:PROSY) shares gapped down prior to trading on Friday . The stock had previously closed at $9.48, but opened at $9.03. Prosus shares last traded at $9.06, with a volume of 113,982 shares traded.

Wall Street Analyst Weigh In

Separately, Zacks Research raised Prosus from a “strong sell” rating to a “hold” rating in a research report on Tuesday. Three investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy”.

Prosus Stock Down 2.7%

The firm has a fifty day moving average of $9.66 and a 200 day moving average of $11.17. The company has a debt-to-equity ratio of 0.30, a current ratio of 3.66 and a quick ratio of 3.62.

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.