Net 1 UEPS Technologies, Inc. (UEPS) to Release Earnings on Wednesday
Net 1 UEPS Technologies, Inc. (NASDAQ:UEPS) is scheduled to be releasing its earnings data after the market closes on Wednesday, August 23rd. Analysts expect Net 1 UEPS Technologies to post earnings of $0.44 per share for the quarter.
Net 1 UEPS Technologies, Inc. (UEPS) opened at 9.70 on Wednesday. The company has a market capitalization of $549.84 million, a PE ratio of 5.94 and a beta of 0.77. The firm’s 50 day moving average price is $9.79 and its 200-day moving average price is $10.96. Net 1 UEPS Technologies, Inc. has a 12-month low of $8.37 and a 12-month high of $13.81.
A hedge fund recently raised its stake in Net 1 UEPS Technologies stock. Vanguard Group Inc. boosted its stake in shares of Net 1 UEPS Technologies, Inc. (NASDAQ:UEPS) by 6.9% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 160,544 shares of the business services provider’s stock after buying an additional 10,424 shares during the period. Vanguard Group Inc. owned about 0.28% of Net 1 UEPS Technologies worth $1,584,000 as of its most recent SEC filing. Hedge funds and other institutional investors own 56.90% of the company’s stock.
UEPS has been the topic of several research reports. BidaskClub upgraded Net 1 UEPS Technologies from a “strong sell” rating to a “sell” rating in a research report on Friday, August 11th. Zacks Investment Research lowered Net 1 UEPS Technologies from a “buy” rating to a “hold” rating in a research report on Thursday, July 13th. Finally, TheStreet lowered Net 1 UEPS Technologies from a “b” rating to a “c+” rating in a research report on Thursday, May 4th.
About Net 1 UEPS Technologies
Net 1 UEPS Technologies, Inc is a provider of payment solutions, transaction processing services and financial technology across multiple industries. The Company develops and markets a transaction processing solution that encompasses 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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