Financial Technology

Lesaka Technologies, Inc. (NASDAQ:LSAK) Director Purchases $650,793.44 in Stock

Lesaka Technologies, Inc. (NASDAQ:LSAKGet Rating) Director Value Capital Partners (Pty) L bought 165,176 shares of the business’s stock in a transaction that occurred on Tuesday, December 27th. The shares were acquired at an average cost of $3.94 per share, with a total value of $650,793.44. Following the completion of the purchase, the director now owns 14,915,876 shares of the company’s stock, valued at $58,768,551.44. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

Value Capital Partners (Pty) L also recently made the following trade(s):

  • On Wednesday, November 23rd, Value Capital Partners (Pty) L purchased 80,000 shares of Lesaka Technologies stock. The stock was bought at an average cost of $4.08 per share, for a total transaction of $326,400.00.
  • On Thursday, November 17th, Value Capital Partners (Pty) L acquired 1,000,000 shares of Lesaka Technologies stock. The shares were bought at an average cost of $3.93 per share, with a total value of $3,930,000.00.
  • On Friday, September 30th, Value Capital Partners (Pty) L bought 505,285 shares of Lesaka Technologies stock. The shares were bought at an average cost of $3.45 per share, for a total transaction of $1,743,233.25.

Lesaka Technologies Trading Up 4.6 %

Shares of Lesaka Technologies stock traded up $0.19 during trading on Thursday, hitting $4.34. The stock had a trading volume of 34,126 shares, compared to its average volume of 102,172. Lesaka Technologies, Inc. has a 1 year low of $3.02 and a 1 year high of $6.07. The stock has a 50 day simple moving average of $3.93 and a 200 day simple moving average of $4.55. The company has a quick ratio of 1.20, a current ratio of 1.42 and a debt-to-equity ratio of 0.59. The company has a market capitalization of $257.27 million, a PE ratio of -6.20 and a beta of 1.27.

Lesaka Technologies (NASDAQ:LSAKGet Rating) last posted its quarterly earnings data on Tuesday, November 8th. The company reported ($0.17) EPS for the quarter, missing analysts’ consensus estimates of ($0.08) by ($0.09). Lesaka Technologies had a negative return on equity of 14.46% and a negative net margin of 13.29%. The firm had revenue of $124.79 million during the quarter, compared to analyst estimates of $121.53 million. On average, research analysts expect that Lesaka Technologies, Inc. will post -0.46 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Separately, TheStreet lowered Lesaka Technologies from a “c” rating to a “d+” rating in a research report on Monday, September 19th.

About Lesaka Technologies

(Get Rating)

Lesaka Technologies, Inc, a financial technology company, engages in the provision of fintech products and services to unbanked and underbanked individuals and small businesses primarily in South Africa and internationally. The company operates through three segments: Consumer, Merchant, and Other. It provides financial services, such as bank accounts, loans, and insurance products.

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