News headlines about Net 1 UEPS Technologies (NASDAQ:UEPS) have trended somewhat positive on Tuesday, Accern reports. Accern scores the sentiment of press coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Net 1 UEPS Technologies earned a news sentiment score of 0.12 on Accern’s scale. Accern also assigned news coverage about the business services provider an impact score of 45.7312378589876 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
These are some of the media stories that may have effected Accern’s scoring:
- Momentum Stock in Focus (RSI – A Momentum Oscillator) – Net 1 UEPS Technologies, Inc. (NASDAQ: UEPS) – The Investor Guide (wallstreetnews24.com)
- Hot Stock’s Highlights – Net 1 UEPS Technologies Inc (NASDAQ: UEPS) – Alpha Beta Stock (alphabetastock.com)
- Net 1 UEPS Technologies (UEPS) Stock Rating Lowered by Zacks Investment Research (americanbankingnews.com)
- Net 1 UEPS Technologies (UEPS) Upgraded to Buy at Zacks Investment Research (americanbankingnews.com)
Shares of Net 1 UEPS Technologies (UEPS) traded down $0.02 during midday trading on Tuesday, hitting $10.47. The company had a trading volume of 84,290 shares, compared to its average volume of 449,844. The company has a current ratio of 1.30, a quick ratio of 1.28 and a debt-to-equity ratio of 0.03. Net 1 UEPS Technologies has a 52-week low of $8.87 and a 52-week high of $13.25. The firm has a market capitalization of $604.70, a P/E ratio of 6.73 and a beta of 0.81.
A number of equities analysts have recently issued reports on the stock. Robert W. Baird lowered their target price on shares of Net 1 UEPS Technologies from $16.00 to $15.00 and set an “outperform” rating on the stock in a research report on Friday, February 9th. TheStreet lowered shares of Net 1 UEPS Technologies from a “b-” rating to a “c” rating in a research report on Monday, February 12th. ValuEngine raised Net 1 UEPS Technologies from a “buy” rating to a “strong-buy” rating in a report on Wednesday, November 22nd. Sidoti assumed coverage on Net 1 UEPS Technologies in a report on Monday, November 20th. They set a “buy” rating for the company. Finally, Zacks Investment Research downgraded Net 1 UEPS Technologies from a “strong-buy” rating to a “hold” rating in a report on Saturday, January 13th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and three have assigned a buy rating to the company. Net 1 UEPS Technologies presently has a consensus rating of “Hold” and a consensus price target of $13.50.
In other news, CEO Herman Kotze purchased 6,000 shares of the business’s stock in a transaction dated Thursday, February 15th. The stock was acquired at an average price of $9.85 per share, with a total value of $59,100.00. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Christopher Stefan Seabrooke purchased 60,821 shares of the business’s stock in a transaction dated Wednesday, February 28th. The shares were purchased at an average cost of $10.75 per share, with a total value of $653,825.75. The disclosure for this purchase can be found here. In the last three months, insiders acquired 195,500 shares of company stock valued at $2,036,511. 3.18% of the stock is owned by corporate insiders.
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Net 1 UEPS Technologies Company Profile
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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