Prosus (OTCMKTS:PROSY) Hits New 12-Month High - Should You Buy?

Key Points

• Prosus N.V. stock has achieved a new **52-week high** of $12.77, closing at $12.74 with a trading volume of **74,663 shares**.
• Analysts have upgraded Prosus from a "hold" to a "**buy**" rating, and the stock currently holds an average rating of **"Buy"** from multiple analysts.
• The company's financial metrics include a **debt-to-equity ratio** of 0.29 and a **current ratio** of 3.54, indicating strong liquidity management.

Prosus N.V. Sponsored ADR (OTCMKTS:PROSY - Get Free Report)'s stock price reached a new 52-week high during trading on Thursday . The stock traded as high as $12.77 and last traded at $12.74, with a volume of 74663 shares traded. The stock had previously closed at $12.50.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on PROSY shares. Jefferies Financial Group raised shares of Prosus from a "hold" rating to a "buy" rating in a research report on Wednesday, September 3rd. Citigroup reaffirmed a "buy" rating on shares of Prosus in a research report on Wednesday, June 25th. One analyst has rated the stock with a Strong Buy rating and two have issued a Buy rating to the company's stock. According to data from MarketBeat, the company currently has an average rating of "Buy".

Prosus Stock Performance

The company has a debt-to-equity ratio of 0.29, a quick ratio of 3.50 and a current ratio of 3.54. The firm's 50 day moving average is $11.86 and its 200 day moving average is $10.42.

About Prosus

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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