Shares of Lesaka Technologies, Inc. (NASDAQ:LSAK - Get Free Report) traded up 1.1% on Monday . The stock traded as high as $4.65 and last traded at $4.49. 100,567 shares changed hands 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 2.8%
The company has a debt-to-equity ratio of 0.87, a quick ratio of 1.25 and a current ratio of 1.37. The company has a 50-day moving average of $4.27 and a 200-day moving average of $4.68.
Institutional Trading of Lesaka Technologies
Institutional investors have recently bought and sold shares of the stock. Rathbones Group PLC raised its stake in shares of Lesaka Technologies by 41.3% in the first quarter. Rathbones Group PLC now owns 1,797,332 shares of the company's stock worth $8,573,000 after purchasing an additional 525,000 shares during the last quarter. Renaissance Technologies LLC raised its position in Lesaka Technologies by 9.7% during the 4th quarter. Renaissance Technologies LLC now owns 197,700 shares of the company's stock worth $1,077,000 after buying an additional 17,481 shares during the last quarter. Finally, Barclays PLC lifted its stake in Lesaka Technologies by 444.4% during the 4th quarter. Barclays PLC now owns 5,738 shares of the company's stock valued at $32,000 after acquiring an additional 4,684 shares during the period. 24.19% of the stock is currently owned by institutional investors and hedge funds.
Lesaka Technologies Company Profile
(
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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.
Further Reading
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