The firm’s fifty day moving average is $4.37 and its 200-day moving average is $4.82. The stock has a market capitalization of $338.81 million, a PE ratio of -6.84 and a beta of 0.66. The company has a quick ratio of 0.81, a current ratio of 0.93 and a debt-to-equity ratio of 0.40.

In other news, Chairman Ali Mazanderani purchased 8,316 shares of the firm’s stock in a transaction dated Tuesday, March 25th. The shares were acquired at an average price of $4.93 per share, with a total value of $40,997.88. Following the purchase, the chairman now directly owns 405,600 shares of the company’s stock, valued at $1,999,608. The trade was a 2.09% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through this link. Over the last three months, insiders purchased 59,246 shares of company stock valued at $294,848. Corporate insiders own 4.00% of the company’s stock.

Hedge funds have recently bought and sold shares of the company. Barclays PLC boosted its position in Lesaka Technologies by 444.4% during the fourth quarter. Barclays PLC now owns 5,738 shares of the company’s stock worth $32,000 after purchasing an additional 4,684 shares in the last quarter. Renaissance Technologies LLC raised its stake in shares of Lesaka Technologies by 9.7% during the 4th quarter. Renaissance Technologies LLC now owns 197,700 shares of the company’s stock worth $1,077,000 after buying an additional 17,481 shares during the last quarter. Rathbones Group PLC boosted its position in shares of Lesaka Technologies by 41.3% in the 1st quarter. Rathbones Group PLC now owns 1,797,332 shares of the company’s stock worth $8,573,000 after buying an additional 525,000 shares in the last quarter. Finally, Hosking Partners LLP boosted its position in shares of Lesaka Technologies by 1.0% in the 4th quarter. Hosking Partners LLP now owns 2,807,998 shares of the company’s stock worth $15,304,000 after buying an additional 28,644 shares in the last quarter. 24.19% of the stock is owned by hedge funds and other institutional investors.

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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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