Prospa Group Ltd traded at 0.59 this Friday January 27th, decreasing 0.04 or 5.60 percent since the previous trading session. Looking back, over the last four weeks, Prospa Group Ltd lost 4.07 percent. Over the last 12 months, its price fell by 21.33 percent. Looking ahead, we forecast Prospa Group Ltd to be priced at 0.62 by the end of this quarter and at 0.57 in one year, according to Trading Economics global macro models projections and analysts expectations.

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Peers Price Day Year
Credit Corp Group 21.45 0.19 0.89% -34.56%
Eclipx Group Ltd 2.09 0.04 1.95% 2.45%
FSA Group Ltd 1.05 0 0% -0.94%
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Solvar Ltd 2.05 0.03 1.49% -31.89%
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Indexes Price Day Year
AUALL 7710 -3.00 -0.04% 6.10%

Prospa Group Ltd
Prospa Group Ltd is an Australia-based financial technology company. The Company is a provider of cash flow products and services. The Company’s operations consist primarily of the provision of loans to small businesses in Australia and New Zealand. It facilitates referrals and customer acquisitions from a network of distribution partners, including finance brokers, aggregator networks, online affiliates, accountants and other advisers. The purpose-built credit decision engine (CDE) enables approvals and adoption of dynamic risk-based pricing, where interest rates associated with a facility are based on credit risk assessments for individual customers. Its CDE allows the business to quickly evaluate opportunities and potential risks across the portfolio. Its product suite includes a Small Business Loan and a Line of Credit. The Company has launched Prospa Plus Business Loans, offering higher credit quality for small to medium enterprises (SME).