Net 1 UEPS Technologies (NASDAQ:UEPS – Get Rating) issued its earnings results on Tuesday. The business services provider reported ($0.06) earnings per share for the quarter, topping the consensus estimate of ($0.09) by $0.03, Fidelity Earnings reports. Net 1 UEPS Technologies had a negative return on equity of 14.25% and a negative net margin of 23.24%. During the same quarter last year, the firm posted ($0.24) EPS.
NASDAQ:UEPS traded down $0.06 during mid-day trading on Thursday, reaching $4.25. 45,805 shares of the stock were exchanged, compared to its average volume of 112,508. The company has a 50 day simple moving average of $5.11 and a 200-day simple moving average of $5.13. The stock has a market capitalization of $246.08 million, a P/E ratio of -8.00 and a beta of 1.23. Net 1 UEPS Technologies has a 1 year low of $3.84 and a 1 year high of $6.97.
In other news, Director Monde Nkosi purchased 11,930 shares of the company’s stock in a transaction that occurred on Monday, March 21st. The shares were purchased at an average price of $4.98 per share, for a total transaction of $59,411.40. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders have purchased a total of 69,539 shares of company stock worth $346,557 in the last 90 days. 1.29% of the stock is currently owned by company insiders.
Several equities research analysts have recently weighed in on UEPS shares. StockNews.com raised Net 1 UEPS Technologies from a “sell” rating to a “hold” rating in a research report on Thursday, March 24th. Zacks Investment Research upgraded Net 1 UEPS Technologies from a “sell” rating to a “hold” rating in a research note on Thursday, April 14th.
About Net 1 UEPS Technologies (Get Rating)
Net 1 UEPS Technologies, Inc, a financial technology company, provides fintech products and services to unbanked and underbanked individuals and small businesses primarily in South Africa and internationally. The company develops payment technologies to offers financial and value -added services to its customers.
- Get a free copy of the StockNews.com research report on Net 1 UEPS Technologies (UEPS)
- Carvana Insiders Buy Shares But Maybe You Shouldn’t
- Dutch Bros Gets Scalded By Inflation
- The S&P 500 Could Fall Another 28%
- Corning Stock is a Technology Value Play
- Anheuser-Busch InBev May Need One More Quarter to Confirm a Buy Signal
Receive News & Ratings for Net 1 UEPS Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Net 1 UEPS Technologies and related companies with MarketBeat.com's FREE daily email newsletter.