Net 1 UEPS Technologies (UEPS) Scheduled to Post Earnings on Wednesday

Net 1 UEPS Technologies (NASDAQ:UEPS) is set to release its earnings data after the market closes on Wednesday, August 29th.

NASDAQ UEPS opened at $8.80 on Tuesday. Net 1 UEPS Technologies has a 12 month low of $8.05 and a 12 month high of $13.20. The firm has a market capitalization of $500.96 million, a PE ratio of 4.20 and a beta of 0.87. The company has a debt-to-equity ratio of 0.02, a quick ratio of 1.29 and a current ratio of 1.32.

In related news, Director Alfred T. Mockett bought 20,790 shares of the business’s stock in a transaction dated Wednesday, June 27th. The shares were purchased at an average cost of $8.63 per share, with a total value of $179,417.70. Following the completion of the purchase, the director now owns 17,639 shares in the company, valued at approximately $152,224.57. The purchase was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Alfred T. Mockett bought 6,090 shares of the business’s stock in a transaction dated Monday, June 25th. The stock was bought at an average cost of $8.50 per share, for a total transaction of $51,765.00. Following the completion of the purchase, the director now owns 17,639 shares of the company’s stock, valued at approximately $149,931.50. The disclosure for this purchase can be found here. Corporate insiders own 3.18% of the company’s stock.

A number of research firms have recently commented on UEPS. Maxim Group set a $24.00 target price on Net 1 UEPS Technologies and gave the stock a “buy” rating in a research note on Thursday, August 23rd. BidaskClub cut Net 1 UEPS Technologies from a “sell” rating to a “strong sell” rating in a research note on Friday, August 17th. ValuEngine cut Net 1 UEPS Technologies from a “sell” rating to a “strong sell” rating in a research note on Thursday, June 21st. Finally, Sidoti began coverage on Net 1 UEPS Technologies in a research note on Thursday, June 28th. They issued a “buy” rating and a $18.00 target price on the stock. Two analysts have rated the stock with a sell rating, one has given a hold rating and three have given a buy rating to the stock. The stock presently has an average rating of “Hold” and an average target price of $17.00.

Net 1 UEPS Technologies Company Profile

Net 1 UEPS Technologies, Inc provides payment solutions, transaction processing services, and financial technologies to various industries in South Africa, South Korea, and internationally. The company develops and markets transaction processing solutions that comprise its smart card-based alternative payment system for the unbanked and under-banked populations of developing economies, and for mobile transaction channels.

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Earnings History for Net 1 UEPS Technologies (NASDAQ:UEPS)

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