Hosking Partners LLP Acquires 28,644 Shares of Lesaka Technologies, Inc. (NASDAQ:LSAK)

Hosking Partners LLP raised its holdings in shares of Lesaka Technologies, Inc. (NASDAQ:LSAK) by 1.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,807,998 shares of the company’s stock after acquiring an additional 28,644 shares during the quarter. Hosking Partners LLP owned about 3.60% of Lesaka Technologies worth $15,304,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Lesaka Technologies Trading Up 0.8 %

Shares of LSAK opened at $4.89 on Friday. Lesaka Technologies, Inc. has a twelve month low of $3.26 and a twelve month high of $5.60. The stock has a market cap of $386.92 million, a PE ratio of -8.02 and a beta of 0.88. The company has a quick ratio of 0.81, a current ratio of 0.93 and a debt-to-equity ratio of 0.40. The business’s 50-day moving average price is $5.08 and its 200-day moving average price is $5.04.

Lesaka Technologies (NASDAQ:LSAK) last posted its earnings results on Wednesday, February 5th. The company reported ($0.40) earnings per share for the quarter, missing analysts’ consensus estimates of $0.01 by ($0.41). Lesaka Technologies had a negative return on equity of 24.96% and a negative net margin of 7.94%. On average, equities analysts forecast that Lesaka Technologies, Inc. will post -0.16 EPS for the current fiscal year.

Lesaka Technologies Profile

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.