Lesaka Technologies, Inc. (NASDAQ:LSAK – Get Rating) Director Value Capital Partners (Pty) L purchased 165,176 shares of the stock in a transaction on Tuesday, December 27th. The shares were bought at an average cost of $3.94 per share, for a total transaction of $650,793.44. Following the transaction, the director now directly owns 14,915,876 shares in the company, valued at $58,768,551.44. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

Value Capital Partners (Pty) L also recently made the following trade(s):

• On Wednesday, November 23rd, Value Capital Partners (Pty) L purchased 80,000 shares of Lesaka Technologies stock. The shares were bought at an average cost of $4.08 per share, for a total transaction of $326,400.00.
• On Thursday, November 17th, Value Capital Partners (Pty) L purchased 1,000,000 shares of Lesaka Technologies stock. The shares were bought at an average cost of $3.93 per share, for a total transaction of $3,930,000.00.
• On Friday, September 30th, Value Capital Partners (Pty) L bought 505,285 shares of Lesaka Technologies stock. The shares were acquired at an average cost of $3.45 per share, for a total transaction of $1,743,233.25.

Lesaka Technologies Stock Up 4.8 %

LSAK stock opened at $4.55 on Friday. The company has a current ratio of 1.42, a quick ratio of 1.20 and a debt-to-equity ratio of 0.59. The firm has a market capitalization of $269.72 million, a PE ratio of -6.50 and a beta of 1.27. Lesaka Technologies, Inc. has a 1-year low of $3.02 and a 1-year high of $6.07. The business's 50 day simple moving average is $3.94 and its 200 day simple moving average is $4.55.

Analyst Upgrades and Downgrades

Separately, TheStreet lowered Lesaka Technologies from a "c" rating to a "d+" rating in a report on Monday, September 19th.

Lesaka Technologies Company Profile

(Get Rating)

Lesaka Technologies, Inc, a financial technology company, engages in the provision of fintech products and services to unbanked and underbanked individuals and small businesses primarily in South Africa and internationally. The company operates through three segments: Consumer, Merchant, and Other. It provides financial services, such as bank accounts, loans, and insurance products.

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