Prosus (OTCMKTS:PROSF) Shares Up 11% – Still a Buy?

Prosus (OTCMKTS:PROSFGet Free Report)’s share price shot up 11% during trading on Friday . The stock traded as high as $48.74 and last traded at $48.74. Approximately 34,552 shares were traded during trading, an increase of 415% from the average session volume of 6,710 shares. The stock had previously closed at $43.90.

Prosus Stock Performance

The firm’s 50-day simple moving average is $44.38 and its 200-day simple moving average is $48.22.

About Prosus

(Get Free Report)

Prosus is a global consumer internet group and one of the largest technology investors in the world. Established in September 2019 as a spin-off from the South African media and internet conglomerate Naspers, Prosus is headquartered in Amsterdam, the Netherlands. The company’s shares trade on Euronext Amsterdam, with American Depositary Receipts available over-the-counter in the United States under the symbol PROSF.

The company’s core activities center on building and supporting leading consumer internet businesses around the globe.

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