News stories about Net 1 UEPS Technologies (NASDAQ:UEPS) have been trending somewhat positive on Sunday, according to Accern. The research group identifies negative and positive press coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Net 1 UEPS Technologies earned a news impact score of 0.17 on Accern’s scale. Accern also gave news coverage about the business services provider an impact score of 46.4730973785813 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
Here are some of the media stories that may have impacted Accern Sentiment Analysis’s rankings:
- Reviewing Net 1 UEPS Technologies (UEPS) & Payment Data Systems (PYDS) (americanbankingnews.com)
- Head to Head Survey: Net 1 UEPS Technologies (UEPS) & Payment Data Systems (PYDS) (americanbankingnews.com)
- South Africa’s Social Grants Agency Cancels Payments Tender (bloomberg.com)
- Net 1 UEPS Technologies, Inc. (NasdaqGS:UEPS) and Viohalco SA (ENXTBR:VIO) Price Index Readings Touch … (derbynewsjournal.com)
- Investor Buzz: Earnings in Review for Net 1 UEPS Technologies, Inc. (NASDAQ:UEPS) (derbynewsjournal.com)
NASDAQ:UEPS traded down $0.09 during trading hours on Friday, hitting $10.02. The stock had a trading volume of 155,509 shares, compared to its average volume of 311,630. The company has a quick ratio of 1.29, a current ratio of 1.32 and a debt-to-equity ratio of 0.02. Net 1 UEPS Technologies has a 1-year low of $8.05 and a 1-year high of $13.20. The company has a market capitalization of $569.76 million, a price-to-earnings ratio of 5.93 and a beta of 0.74.
Several analysts have issued reports on the stock. Zacks Investment Research downgraded shares of Net 1 UEPS Technologies from a “buy” rating to a “hold” rating and set a $11.00 price objective for the company. in a research report on Friday, April 6th. Robert W. Baird lowered their price objective on shares of Net 1 UEPS Technologies from $16.00 to $15.00 and set an “outperform” rating for the company in a research report on Friday, February 9th. TheStreet downgraded shares of Net 1 UEPS Technologies from a “b-” rating to a “c” rating in a research report on Monday, February 12th. ValuEngine downgraded shares of Net 1 UEPS Technologies from a “sell” rating to a “strong sell” rating in a research report on Wednesday, May 2nd. Finally, BidaskClub raised shares of Net 1 UEPS Technologies from a “sell” rating to a “hold” rating in a research report on Monday, May 14th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and two have assigned a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus price target of $13.00.
In other news, Director Christopher Stefan Seabrooke acquired 60,821 shares of the stock in a transaction on Wednesday, February 28th. The stock was bought at an average price of $10.75 per share, with a total value of $653,825.75. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 3.18% of the stock is owned by company insiders.
About Net 1 UEPS Technologies
Net 1 UEPS Technologies, Inc provides payment solutions, transaction processing services, and financial technologies to various industries in South Africa, South Korea, and internationally. The company develops and markets transaction processing solutions that comprise 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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