Prosus (OTCMKTS:PROSY) Cut to “Strong Sell” at Zacks Research

Zacks Research lowered shares of Prosus (OTCMKTS:PROSY) from a hold rating to a strong sell rating in a research note released on Monday morning,Zacks.com reports.

Other equities research analysts have also issued research reports about the stock. Citigroup reissued a “buy” rating on shares of Prosus in a report on Thursday, December 11th. Barclays reaffirmed an “overweight” rating on shares of Prosus in a report on Monday, December 8th. Three research analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy”.

Prosus Stock Performance

Shares of Prosus stock opened at $9.76 on Monday. The company has a debt-to-equity ratio of 0.30, a current ratio of 3.66 and a quick ratio of 3.62. The company’s fifty day moving average price is $10.12 and its two-hundred day moving average price is $12.05. Prosus has a 52-week low of $7.78 and a 52-week high of $14.70.

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.