Shares of Joint Stock Company Kaspi.kz Sponsored ADR (NASDAQ:KSPI - Get Free Report) reached a new 52-week high on Tuesday . The company traded as high as $107.88 and last traded at $106.46, with a volume of 579333 shares changing hands. The stock had previously closed at $105.55.
Analyst Ratings Changes
A number of brokerages have commented on KSPI. Susquehanna upped their target price on shares of Joint Stock Company Kaspi.kz from $95.00 to $100.00 and gave the company a "neutral" rating in a report on Wednesday, August 12th. Weiss Ratings reissued a "hold (c)" rating on shares of Joint Stock Company Kaspi.kz in a research report on Friday, August 7th. Finally, Zacks Research lowered Joint Stock Company Kaspi.kz from a "strong-buy" rating to a "hold" rating in a research note on Thursday, July 30th. One equities research analyst has rated the stock with a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat, Joint Stock Company Kaspi.kz presently has an average rating of "Hold" and an average price target of $103.50.
View Our Latest Report on KSPI
Joint Stock Company Kaspi.kz Price Performance
The stock has a market cap of $20.23 billion, a P/E ratio of 9.69 and a beta of 0.97. The firm's 50-day moving average price is $90.48 and its 200-day moving average price is $83.51.
Joint Stock Company Kaspi.kz Increases Dividend
The firm also recently announced a dividend, which was paid on Monday, August 24th. Investors of record on Thursday, September 10th were issued a $2.149 dividend. This is a boost from Joint Stock Company Kaspi.kz's previous dividend of $1.80. The ex-dividend date of this dividend was Thursday, September 10th. Joint Stock Company Kaspi.kz's payout ratio is 63.48%.
Institutional Inflows and Outflows
Institutional investors have recently made changes to their positions in the business. FNY Investment Advisers LLC grew its holdings in Joint Stock Company Kaspi.kz by 52.3% during the 2nd quarter. FNY Investment Advisers LLC now owns 789 shares of the company's stock valued at $68,000 after purchasing an additional 271 shares during the last quarter. GAMMA Investing LLC bought a new stake in Joint Stock Company Kaspi.kz in the second quarter worth about $41,000. EverSource Wealth Advisors LLC lifted its stake in Joint Stock Company Kaspi.kz by 2,683.3% in the first quarter. EverSource Wealth Advisors LLC now owns 501 shares of the company's stock worth $37,000 after purchasing an additional 483 shares during the last quarter. Advisory Services Network LLC boosted its position in shares of Joint Stock Company Kaspi.kz by 15.3% during the fourth quarter. Advisory Services Network LLC now owns 3,787 shares of the company's stock valued at $296,000 after buying an additional 502 shares during the period. Finally, Ramsey Quantitative Systems purchased a new position in shares of Joint Stock Company Kaspi.kz during the second quarter valued at approximately $159,000. Institutional investors own 32.20% of the company's stock.
About Joint Stock Company Kaspi.kz
(
Get Free Report)
Joint Stock Company Kaspi.kz is a leading financial technology and e-commerce group headquartered in Almaty, Kazakhstan. The company has built one of the country’s largest digital ecosystems, offering a suite of integrated services that span consumer banking, payments, online marketplaces and merchant acquiring. Through its mobile and web platforms, Kaspi.kz aims to simplify everyday financial and shopping activities for individuals and businesses across Kazakhstan.
The company’s core offerings include digital banking solutions such as deposit accounts, digital wallets and money transfers, alongside consumer lending products that enable point-of-sale financing and “buy now, pay later” purchases.
Read More
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.
Continue following MarketBeat
Add MarketBeat as your preferred source on Google to see our latest stories in your feed.
Before you consider Joint Stock Company Kaspi.kz, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Joint Stock Company Kaspi.kz wasn't on the list.
While Joint Stock Company Kaspi.kz currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Tesla, Nvidia, and Google helped shape the last era of market growth, but the next wave could come from a new group of companies. Inside this report, you’ll find 7 stocks that could play a major role in the next tech-driven market boom.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
