Prosus (OTCMKTS:PROSY) Shares Gap Down – Here’s What Happened
by Jessica Moore · The Cerbat GemProsus N.V. Sponsored ADR (OTCMKTS:PROSY – Get Free Report)’s share price 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.
Analyst Ratings Changes
Separately, Zacks Research upgraded shares of Prosus from a “strong sell” rating to a “hold” rating in a report on Tuesday. Three research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, Prosus currently has an average rating of “Moderate Buy”.
Check Out Our Latest Report on Prosus
Prosus Stock Down 2.7%
The company has a current ratio of 3.66, a quick ratio of 3.62 and a debt-to-equity ratio of 0.30. The firm has a 50-day simple moving average of $9.66 and a 200 day simple moving average of $11.17.
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.