Somewhat Favorable News Coverage Somewhat Unlikely to Affect Net 1 UEPS Technologies (UEPS) Share Price
News articles about Net 1 UEPS Technologies (NASDAQ:UEPS) have been trending somewhat positive on Friday, according to Accern Sentiment Analysis. The research firm ranks the sentiment of news coverage by analyzing more than twenty 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 stories about the business services provider an impact score of 45.5993823200719 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
Here are some of the news stories that may have effected Accern Sentiment’s rankings:
- Head-To-Head Comparison: Xoom (XOOM) versus Net 1 UEPS Technologies (UEPS) (americanbankingnews.com)
- What Do Analysts’ Recommend? – Net 1 UEPS Technologies, Inc. (NASDAQ: UEPS) – The Investor Guide (wallstreetnews24.com)
- Zacks: Net 1 UEPS Technologies Inc (UEPS) Receives Consensus Rating of “Strong Buy” from Analysts (americanbankingnews.com)
- Zacks: Net 1 UEPS Technologies Inc (UEPS) Given $16.00 Consensus Price Target by Brokerages (americanbankingnews.com)
A number of brokerages have issued reports on UEPS. Zacks Investment Research upgraded shares of Net 1 UEPS Technologies from a “hold” rating to a “strong-buy” rating and set a $11.00 price target on the stock in a report on Saturday, November 18th. TheStreet upgraded shares of Net 1 UEPS Technologies from a “c” rating to a “b-” rating in a report on Tuesday, September 26th. ValuEngine upgraded shares of Net 1 UEPS Technologies from a “buy” rating to a “strong-buy” rating in a report on Wednesday, November 22nd. Sidoti began coverage on shares of Net 1 UEPS Technologies in a report on Monday, November 20th. They issued a “buy” rating on the stock. Finally, BidaskClub upgraded shares of Net 1 UEPS Technologies from a “sell” rating to a “hold” rating in a report on Saturday, December 30th. One equities research analyst has rated the stock with a hold rating, one has assigned a buy rating and two have given a strong buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus price target of $11.00.
Shares of Net 1 UEPS Technologies (NASDAQ UEPS) opened at $12.17 on Friday. The company has a quick ratio of 1.33, a current ratio of 1.35 and a debt-to-equity ratio of 0.05. The stock has a market cap of $692.81, a price-to-earnings ratio of 10.06 and a beta of 0.77. Net 1 UEPS Technologies has a fifty-two week low of $8.87 and a fifty-two week high of $13.81.
In other Net 1 UEPS Technologies news, Director Paul Edwards sold 9,000 shares of Net 1 UEPS Technologies stock in a transaction on Monday, December 18th. The shares were sold at an average price of $11.36, for a total value of $102,240.00. Following the sale, the director now directly owns 10,822 shares in the company, valued at approximately $122,937.92. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Alasdair Jonathan Kemsley Pein sold 6,500 shares of Net 1 UEPS Technologies stock in a transaction on Tuesday, December 12th. The shares were sold at an average price of $11.01, for a total transaction of $71,565.00. Following the completion of the sale, the director now owns 29,061 shares in the company, valued at $319,961.61. The disclosure for this sale can be found here. Insiders own 3.18% of the company’s stock.
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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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