Prosus (OTCMKTS:PROSY) Sees Large Volume Increase – What’s Next?

by · The Cerbat Gem

Shares of Prosus N.V. Sponsored ADR (OTCMKTS:PROSY – Get Free Report) saw an uptick in trading volume on Friday . 2,944,974 shares changed hands during trading, an increase of 136% from the previous session’s volume of 1,246,913 shares.The stock last traded at $12.5950 and had previously closed at $12.45.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on PROSY shares. Barclays restated an “overweight” rating on shares of Prosus in a research report on Monday. Jefferies Financial Group raised Prosus from a “hold” rating to a “buy” rating in a research report on Wednesday, September 3rd. Finally, Citigroup restated a “buy” rating on shares of Prosus in a report on Thursday. One research analyst has rated the stock with a Strong Buy rating and three have assigned a Buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Buy”.

Read Our Latest Research Report on PROSY

Prosus Trading Up 0.4%

The business’s 50 day simple moving average is $13.45 and its two-hundred day simple moving average is $12.37. The company has a debt-to-equity ratio of 0.29, a quick ratio of 3.50 and a current ratio of 3.54.

Prosus Company Profile

(Get Free Report)

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.

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