Lesaka Applied sciences, Inc. (NASDAQ:LSAK – Get Ranking) was the goal of a major lower briefly curiosity in September. As of September thirtieth, there was brief curiosity totalling 125,600 shares, a lower of 23.0% from the September fifteenth whole of 163,200 shares. Roughly 0.3% of the shares of the inventory are brief offered. Based mostly on a mean every day buying and selling quantity, of 132,000 shares, the days-to-cover ratio is presently 1.0 days.
Lesaka Applied sciences Worth Efficiency
Shares of LSAK traded down $0.08 throughout mid-day buying and selling on Friday, reaching $4.02. The inventory had a buying and selling quantity of 16,587 shares, in comparison with its common quantity of 278,527. The corporate has a debt-to-equity ratio of 0.57, a fast ratio of 1.26 and a present ratio of 1.49. Lesaka Applied sciences has a 52-week low of $3.02 and a 52-week excessive of $6.97. The corporate has a fifty day transferring common of $4.65. The inventory has a market capitalization of $238.31 million, a price-to-earnings ratio of -5.29 and a beta of 1.28.
Lesaka Applied sciences (NASDAQ:LSAK – Get Ranking) final introduced its quarterly earnings information on Friday, September ninth. The corporate reported ($0.11) earnings per share (EPS) for the quarter, lacking analysts’ consensus estimates of ($0.10) by ($0.01). Lesaka Applied sciences had a destructive internet margin of 19.71% and a destructive return on fairness of 14.52%. The agency had income of $121.79 million in the course of the quarter, in comparison with analysts’ expectations of $92.28 million. As a bunch, sell-side analysts anticipate that Lesaka Applied sciences will put up -0.12 EPS for the present fiscal yr.
Insider Transactions at Lesaka Applied sciences
In different Lesaka Applied sciences information, main shareholder Worth Capital Companions (Pty) L purchased 505,285 shares of the corporate’s inventory in a transaction dated Friday, September thirtieth. The inventory was acquired at a mean worth of $3.45 per share, with a complete worth of $1,743,233.25. Following the completion of the acquisition, the insider now straight owns 13,670,700 shares of the corporate’s inventory, valued at $47,163,915. The transaction was disclosed in a doc filed with the SEC, which is offered by way of this hyperlink. Insiders personal 2.70% of the corporate’s inventory.
Wall Road Analysts Forecast Progress
Individually, TheStreet lowered shares of Lesaka Applied sciences from a “c” score to a “d+” score in a report on Monday, September nineteenth.
About Lesaka Applied sciences
(Get Ranking)
Lesaka Applied sciences, Inc, a monetary know-how firm, offers fintech services to unbanked and underbanked people and small companies primarily in South Africa and internationally. The corporate develops cost applied sciences to gives monetary and worth -added providers to its prospects.
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