Prosus (OTCMKTS:PROSY) Shares Gap Down – Time to Sell?

Prosus N.V. Sponsored ADR (OTCMKTS:PROSYGet Free Report) gapped down prior to trading on Thursday . The stock had previously closed at $12.91, but opened at $12.42. Prosus shares last traded at $12.3350, with a volume of 69,540 shares trading hands.

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on PROSY shares. Citigroup reaffirmed a “buy” rating on shares of Prosus in a report on Thursday, December 11th. Barclays reiterated an “overweight” rating on shares of Prosus in a research report on Monday, December 8th. One equities research analyst has rated the stock with a Strong Buy rating and three have issued a Buy rating to the company. According to MarketBeat.com, the company presently has an average rating of “Buy”.

Check Out Our Latest Analysis on PROSY

Prosus Trading Down 2.8%

The business’s 50 day moving average is $12.77 and its 200 day moving average is $12.69.

About Prosus

(Get Free Report)

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.

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