Lesaka Technologies (NASDAQ:LSAK – Get Free Report) announced its quarterly earnings data on Wednesday. The company reported ($0.08) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.06) by ($0.02), Yahoo Finance reports. Lesaka Technologies had a negative net margin of 4.41% and a negative return on equity of 13.73%. During the same period last year, the business earned ($0.19) earnings per share. Lesaka Technologies updated its Q1 2025 guidance to EPS and its FY 2025 guidance to EPS.
Lesaka Technologies Stock Up 9.9 %
Shares of LSAK stock opened at $5.00 on Thursday. The stock’s 50-day simple moving average is $4.76 and its 200-day simple moving average is $4.45. The company has a debt-to-equity ratio of 0.76, a quick ratio of 1.41 and a current ratio of 1.60. The firm has a market capitalization of $318 million, a PE ratio of -13.16 and a beta of 0.94. Lesaka Technologies has a fifty-two week low of $3.00 and a fifty-two week high of $5.33.
Insider Activity
In other news, Director Christopher G.B. Meyer sold 10,000 shares of the company’s stock in a transaction dated Monday, June 24th. The stock was sold at an average price of $4.89, for a total value of $48,900.00. Following the sale, the director now owns 665,868 shares in the company, valued at $3,256,094.52. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Over the last three months, insiders have sold 106,217 shares of company stock valued at $496,322. Company insiders own 4.37% of the company’s stock.
Lesaka Technologies Company Profile
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.
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