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Prosus (OTCMKTS:PROSY) Sets New 52-Week High - Time to Buy?

Prosus logo with Retail/Wholesale background

Shares of Prosus N.V. Sponsored ADR (OTCMKTS:PROSY - Get Free Report) reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $11.00 and last traded at $10.99, with a volume of 220010 shares trading hands. The stock had previously closed at $10.55.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on the stock. Citigroup reaffirmed a "buy" rating on shares of Prosus in a research note on Wednesday. The Goldman Sachs Group raised shares of Prosus to a "strong-buy" rating in a research note on Tuesday, March 25th.

Check Out Our Latest Stock Analysis on Prosus

Prosus Stock Up 0.4%

The business's 50 day moving average is $10.08 and its two-hundred day moving average is $8.97. The company has a debt-to-equity ratio of 0.33, a quick ratio of 4.05 and a current ratio of 4.11.

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.

Further Reading

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