Lesaka Technologies, Inc. (NASDAQ:LSAK - Get Free Report) shares traded down 2.7% during mid-day trading on Monday . The company traded as low as $5.14 and last traded at $5.14. 1,916 shares changed hands during trading, a decline of 84% from the average session volume of 11,939 shares. The stock had previously closed at $5.28.
Lesaka Technologies Trading Up 2.5 %
The company's fifty day moving average price is $5.28 and its 200-day moving average price is $4.98. The stock has a market cap of $411.16 million, a price-to-earnings ratio of -21.08 and a beta of 0.88. The company has a debt-to-equity ratio of 0.79, a current ratio of 1.73 and a quick ratio of 1.53.
Institutional Trading of Lesaka Technologies
An institutional investor recently raised its position in Lesaka Technologies stock. Renaissance Technologies LLC raised its position in Lesaka Technologies, Inc. (NASDAQ:LSAK - Free Report) by 8.8% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 182,100 shares of the company's stock after buying an additional 14,700 shares during the period. Renaissance Technologies LLC owned about 0.29% of Lesaka Technologies worth $852,000 at the end of the most recent reporting period. Institutional investors and hedge funds own 24.19% of the company's stock.
Lesaka Technologies Company Profile
(
Get Free Report)
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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