Shares of Lesaka Technologies, Inc. (NASDAQ:LSAK - Get Free Report) traded up 1.1% during mid-day trading on Monday . The stock traded as high as $4.65 and last traded at $4.49. 100,567 shares were traded during trading, an increase of 283% from the average session volume of 26,228 shares. The stock had previously closed at $4.44.
Lesaka Technologies Trading Up 0.4%
The company's fifty day moving average is $4.27 and its 200-day moving average is $4.68. The company has a market capitalization of $366.44 million, a PE ratio of -5.50 and a beta of 0.67. The company has a debt-to-equity ratio of 0.87, a current ratio of 1.37 and a quick ratio of 1.25.
Institutional Investors Weigh In On Lesaka Technologies
A number of hedge funds have recently made changes to their positions in the stock. Renaissance Technologies LLC grew its stake in Lesaka Technologies by 9.7% in the fourth quarter. Renaissance Technologies LLC now owns 197,700 shares of the company's stock valued at $1,077,000 after purchasing an additional 17,481 shares during the last quarter. Barclays PLC boosted its holdings in shares of Lesaka Technologies by 444.4% in the 4th quarter. Barclays PLC now owns 5,738 shares of the company's stock valued at $32,000 after buying an additional 4,684 shares in the last quarter. Finally, Rathbones Group PLC grew its position in shares of Lesaka Technologies by 41.3% in the 1st quarter. Rathbones Group PLC now owns 1,797,332 shares of the company's stock worth $8,573,000 after buying an additional 525,000 shares during the last quarter. 24.19% of the stock is currently owned by hedge funds and other institutional investors.
Lesaka Technologies Company Profile
(
Get Free Report)
Lesaka Technologies, Inc operates as a Fintech company that utilizes its proprietary banking and payment technologies to deliver financial services solutions to merchants (B2B) and consumers (B2C) in Southern Africa. It offers cash management solutions, growth capital, card acquiring, bill payment technologies, and value-added services to formal and informal retail merchants, as well as banking, lending, and insurance solutions to consumers across Southern Africa.
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