Prosus (PROSY) Expected to Post Quarterly Earnings on Monday

Prosus (OTCMKTS:PROSY) is anticipated to issue its resultson Monday, June 29th. Analysts expect the company to post earnings of $0.5140 per share and revenue of $5.6612 billion for the quarter.

Prosus Stock Performance

Shares of OTCMKTS PROSY opened at $8.95 on Monday. Prosus has a 1 year low of $8.79 and a 1 year high of $14.70. The firm has a 50-day simple moving average of $9.43 and a two-hundred day simple moving average of $10.53. The company has a debt-to-equity ratio of 0.30, a current ratio of 3.66 and a quick ratio of 3.62.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on PROSY. Zacks Research raised Prosus from a “strong sell” rating to a “hold” rating in a research note on Tuesday, May 19th. Morgan Stanley set a $11.10 price objective on Prosus in a research report on Friday. Finally, The Goldman Sachs Group assumed coverage on Prosus in a research note on Thursday, June 4th. They issued a “neutral” rating on the stock. Three equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $11.10.

Prosus Company Profile

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.