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

Prosus N.V. Sponsored ADR (OTCMKTS:PROSY - Get Free Report) shares hit a new 52-week high on Wednesday . The stock traded as high as $11.41 and last traded at $11.32, with a volume of 817333 shares. The stock had previously closed at $11.11.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on PROSY. Citigroup restated a "buy" rating on shares of Prosus in a research report on Wednesday, June 25th. The Goldman Sachs Group upgraded shares of Prosus to a "strong-buy" rating in a research report on Tuesday, March 25th.

Prosus Price Performance

The company's 50 day moving average price is $10.74 and its 200-day moving average price is $9.31. The company has a current ratio of 3.54, a quick ratio of 3.50 and a debt-to-equity ratio of 0.29.

Prosus Company Profile

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.