Joint Stock Company Kaspi.kz (NASDAQ:KSPI) Sets New 1-Year Low – Should You Sell?

Shares of Joint Stock Company Kaspi.kz (NASDAQ:KSPI) hit a new 52-week low on Thursday . The stock traded as low as $77.80 and last traded at $88.40, with a volume of 680780 shares traded. The stock had previously closed at $81.23.

Joint Stock Company Kaspi.kz Trading Up 8.8 %

The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.96 and a current ratio of 0.96. The firm has a market capitalization of $17.64 billion, a price-to-earnings ratio of 8.53 and a beta of 1.44. The company has a 50 day moving average price of $97.46 and a two-hundred day moving average price of $101.62.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the business. Abacus FCF Advisors LLC acquired a new position in shares of Joint Stock Company Kaspi.kz during the 4th quarter worth approximately $684,000. Flossbach Von Storch SE boosted its stake in Joint Stock Company Kaspi.kz by 20.0% during the 4th quarter. Flossbach Von Storch SE now owns 15,000 shares of the company’s stock worth $1,421,000 after purchasing an additional 2,500 shares during the last quarter. Public Employees Retirement System of Ohio acquired a new stake in Joint Stock Company Kaspi.kz during the 3rd quarter worth $7,942,000. Marshall Wace LLP boosted its stake in Joint Stock Company Kaspi.kz by 1,095.0% during the 4th quarter. Marshall Wace LLP now owns 125,241 shares of the company’s stock worth $11,862,000 after purchasing an additional 114,761 shares during the last quarter. Finally, Geode Capital Management LLC lifted its stake in shares of Joint Stock Company Kaspi.kz by 0.9% in the fourth quarter. Geode Capital Management LLC now owns 167,451 shares of the company’s stock worth $15,859,000 after buying an additional 1,440 shares in the last quarter. 32.20% of the stock is owned by institutional investors and hedge funds.

About Joint Stock Company Kaspi.kz

Joint Stock Company Kaspi.kz, together with its subsidiaries, provides payments, marketplace, and fintech solutions for consumers and merchants in the Republic of Kazakhstan. It operates through three segments: Payments Platform, Marketplace Platform, and Fintech Platform. The Payments Platform segment facilities transactions between customers and merchants.