Joint Stock Company Kaspi.kz (NASDAQ:KSPI - Get Free Report)'s share price was down 3.4% on Monday . The stock traded as low as $115.70 and last traded at $116.00. Approximately 30,451 shares were traded during mid-day trading, a decline of 92% from the average daily volume of 364,181 shares. The stock had previously closed at $120.12.
Analysts Set New Price Targets
KSPI has been the subject of several research reports. JPMorgan Chase & Co. started coverage on Joint Stock Company Kaspi.kz in a research note on Monday, March 11th. They set an "overweight" rating and a $159.00 price target for the company. Wolfe Research initiated coverage on shares of Joint Stock Company Kaspi.kz in a report on Tuesday, February 13th. They set an "outperform" rating and a $130.00 target price for the company. Finally, Susquehanna assumed coverage on shares of Joint Stock Company Kaspi.kz in a report on Tuesday, February 27th. They issued a "positive" rating and a $154.00 price target on the stock.
Check Out Our Latest Stock Analysis on Joint Stock Company Kaspi.kz
Joint Stock Company Kaspi.kz Price Performance
The company has a debt-to-equity ratio of 0.06, a current ratio of 0.93 and a quick ratio of 0.89. The company has a fifty day simple moving average of $114.58.
Joint Stock Company Kaspi.kz Dividend Announcement
The business also recently disclosed a dividend, which was paid on Friday, April 19th. Investors of record on Monday, April 15th were given a dividend of $1.9022 per share. The ex-dividend date was Friday, April 12th.
Institutional Investors Weigh In On Joint Stock Company Kaspi.kz
An institutional investor recently bought a new position in Joint Stock Company Kaspi.kz stock. Sumitomo Mitsui Trust Holdings Inc. acquired a new stake in shares of Joint Stock Company Kaspi.kz (NASDAQ:KSPI - Free Report) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 497,912 shares of the company's stock, valued at approximately $64,051,000. Sumitomo Mitsui Trust Holdings Inc. owned 0.26% of Joint Stock Company Kaspi.kz as of its most recent filing with the Securities & Exchange Commission. Institutional investors own 0.09% of the company's stock.
About Joint Stock Company Kaspi.kz
(
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Joint Stock Company Kaspi.kz, together with its subsidiaries, provides payments, marketplace, and fintech solutions for consumers and merchants in the Republic of Kazakhstan. It operates through three segments: Payments Platform, Marketplace Platform, and Fintech Platform. The Payments Platform segment facilities transactions between customers and merchants.
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