Prosus (OTCMKTS:PROSF) Stock Jumps 11.2% – Here’s Why

Shares of Prosus (OTCMKTS:PROSF – Get Free Report) traded up 11.2% on Tuesday. The stock traded as high as $42.86 and last traded at $42.86. Approximately 83,544 shares were traded during trading, an increase of 892% from the average daily volume of 8,426 shares. The stock had previously closed at $38.56.

Prosus Stock Performance

The company has a fifty day simple moving average of $40.77 and a two-hundred day simple moving average of $45.78.

About Prosus

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Prosus N.V. is a global consumer internet and technology investment group headquartered in Amsterdam, the Netherlands. It is majority-owned by Naspers and invests in, develops and operates technology businesses serving consumers and merchants in markets around the world. Its portfolio has included online food delivery, classifieds, payments and fintech, education technology, restaurant technology, and other internet-based services. Notable businesses associated with Prosus include iFood, the Brazilian food-delivery platform; OLX, a global online classifieds network; and PayU, a digital payments and financial services business.

Further Reading

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