Schwarz Dygos Wheeler Investment Advisors LLC bought a new position in shares of Lesaka Technologies, Inc. (NASDAQ:LSAK – Free Report) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 132,509 shares of the company’s stock, valued at approximately $595,000. Schwarz Dygos Wheeler Investment Advisors LLC owned about 0.16% of Lesaka Technologies as of its most recent SEC filing.
Separately, Rathbones Group PLC lifted its position in shares of Lesaka Technologies by 90.2% during the 2nd quarter. Rathbones Group PLC now owns 3,419,420 shares of the company’s stock worth $15,353,000 after buying an additional 1,622,088 shares during the last quarter. 24.19% of the stock is owned by institutional investors and hedge funds.
Lesaka Technologies Trading Up 1.8%
Shares of Lesaka Technologies stock opened at $3.90 on Friday. Lesaka Technologies, Inc. has a 1 year low of $3.39 and a 1 year high of $5.59. The company has a debt-to-equity ratio of 1.10, a quick ratio of 1.37 and a current ratio of 1.52. The company has a market capitalization of $327.94 million, a P/E ratio of -3.58 and a beta of 0.65. The company’s fifty day moving average is $4.22 and its two-hundred day moving average is $4.36.
Analyst Upgrades and Downgrades
A number of research firms recently commented on LSAK. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Lesaka Technologies in a research report on Wednesday, October 8th. Zacks Research lowered Lesaka Technologies from a “hold” rating to a “strong sell” rating in a report on Tuesday, October 28th. Two research analysts have rated the stock with a Sell rating, According to data from MarketBeat, the stock currently has an average rating of “Sell”.
Read Our Latest Analysis on Lesaka Technologies
About Lesaka Technologies
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.
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