Hosking Partners LLP Grows Stock Holdings in Lesaka Technologies, Inc. (NASDAQ:LSAK)

Hosking Partners LLP lifted its position in Lesaka Technologies, Inc. (NASDAQ:LSAK) by 1.0% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,807,998 shares of the company’s stock after purchasing an additional 28,644 shares during the quarter. Hosking Partners LLP’s holdings in Lesaka Technologies were worth $15,304,000 at the end of the most recent quarter.

Lesaka Technologies Stock Performance

Shares of NASDAQ LSAK opened at $4.89 on Friday. The stock’s 50-day moving average is $5.08 and its 200 day moving average is $5.04. The stock has a market cap of $386.92 million, a price-to-earnings ratio of -8.02 and a beta of 0.88. Lesaka Technologies, Inc. has a 1-year low of $3.26 and a 1-year high of $5.60. The company has a current ratio of 0.93, a quick ratio of 0.81 and a debt-to-equity ratio of 0.40.

Lesaka Technologies (NASDAQ:LSAK) last posted its quarterly earnings results on Wednesday, February 5th. The company reported ($0.40) EPS for the quarter, missing the consensus estimate of $0.01 by ($0.41). Lesaka Technologies had a negative return on equity of 24.96% and a negative net margin of 7.94%. On average, sell-side analysts anticipate that Lesaka Technologies, Inc. will post -0.16 EPS for the current fiscal year.

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.