Abacus FCF Advisors LLC Invests $684,000 in Joint Stock Company Kaspi.kz (NASDAQ:KSPI)

Abacus FCF Advisors LLC purchased a new position in shares of Joint Stock Company Kaspi.kz (NASDAQ:KSPI) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 7,226 shares of the company’s stock, valued at approximately $684,000.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Geode Capital Management LLC lifted its holdings in Joint Stock Company Kaspi.kz by 0.9% in the fourth quarter. Geode Capital Management LLC now owns 167,451 shares of the company’s stock valued at $15,859,000 after acquiring an additional 1,440 shares during the period. Flossbach Von Storch SE boosted its holdings in Joint Stock Company Kaspi.kz by 20.0% during the fourth quarter. Flossbach Von Storch SE now owns 15,000 shares of the company’s stock worth $1,421,000 after buying an additional 2,500 shares in the last quarter. Finally, Public Employees Retirement System of Ohio acquired a new position in Joint Stock Company Kaspi.kz during the third quarter worth about $7,942,000. Institutional investors and hedge funds own 32.20% of the company’s stock.

Joint Stock Company Kaspi.kz Trading Down 2.5 %

Shares of Joint Stock Company Kaspi.kz stock opened at $81.23 on Wednesday. The company has a 50-day moving average of $97.78 and a two-hundred day moving average of $101.79. The stock has a market cap of $16.21 billion, a PE ratio of 7.84 and a beta of 1.44. The company has a current ratio of 0.96, a quick ratio of 0.96 and a debt-to-equity ratio of 0.04. Joint Stock Company Kaspi.kz has a 12-month low of $79.78 and a 12-month high of $143.72.

Joint Stock Company Kaspi.kz Company Profile

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.