Joint Stock Company Kaspi.kz (NASDAQ:KSPI) Issues Earnings Results

Joint Stock Company Kaspi.kz (NASDAQ:KSPI) released its quarterly earnings results on Monday. The company reported $3.09 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $3.43 by ($0.34), Zacks reports.

Joint Stock Company Kaspi.kz Price Performance

Joint Stock Company Kaspi.kz stock traded down $0.80 during trading on Tuesday, reaching $102.21. The company had a trading volume of 202,357 shares, compared to its average volume of 277,169. The company has a debt-to-equity ratio of 0.04, a current ratio of 0.96 and a quick ratio of 0.96. The firm’s 50-day simple moving average is $97.87 and its 200 day simple moving average is $107.89. Joint Stock Company Kaspi.kz has a 52 week low of $86.24 and a 52 week high of $143.72.

Wall Street Analysts Forecast Growth

KSPI has been the topic of a number of recent research reports. Citigroup began coverage on Joint Stock Company Kaspi.kz in a report on Monday, November 4th. They issued a “buy” rating and a $140.00 target price on the stock. JPMorgan Chase & Co. lowered their price objective on shares of Joint Stock Company Kaspi.kz from $154.00 to $137.00 and set an “overweight” rating on the stock in a research note on Monday, December 2nd.

About Joint Stock Company Kaspi.kz

Joint Stock Company Kaspi.kz, together with its subsidiaries, provides payments, marketplace, and fintech solutions for consumers and merchants in the Republic of Kazakhstan. It operates through three segments: Payments Platform, Marketplace Platform, and Fintech Platform. The Payments Platform segment facilities transactions between customers and merchants.