News headlines about Net 1 UEPS Technologies (NASDAQ:UEPS) have been trending somewhat positive on Sunday, according to Accern Sentiment. Accern identifies positive and negative news coverage by reviewing 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 closest to one being the most favorable. Net 1 UEPS Technologies earned a news impact score of 0.07 on Accern’s scale. Accern also gave media stories about the business services provider an impact score of 46.9289213074022 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.

Here are some of the news articles that may have effected Accern’s rankings:

Shares of Net 1 UEPS Technologies (NASDAQ:UEPS) traded down $0.82 during mid-day trading on Friday, hitting $9.86. The stock had a trading volume of 2,103,045 shares, compared to its average volume of 465,942. Net 1 UEPS Technologies has a 12-month low of $8.87 and a 12-month high of $13.81. The firm has a market capitalization of $560.08, a price-to-earnings ratio of 9.39 and a beta of 0.67. The company has a quick ratio of 1.33, a current ratio of 1.35 and a debt-to-equity ratio of 0.05.

Net 1 UEPS Technologies (NASDAQ:UEPS) last posted its quarterly earnings data on Thursday, November 9th. The business services provider reported $0.41 EPS for the quarter, topping the Zacks’ consensus estimate of $0.34 by $0.07. The company had revenue of $152.56 million for the quarter, compared to analyst estimates of $151.94 million. Net 1 UEPS Technologies had a return on equity of 12.60% and a net margin of 9.73%. analysts forecast that Net 1 UEPS Technologies will post 1.58 EPS for the current year.

A number of analysts have recently commented on UEPS shares. ValuEngine raised Net 1 UEPS Technologies from a “buy” rating to a “strong-buy” rating in a research note on Wednesday, November 22nd. TheStreet lowered Net 1 UEPS Technologies from a “b-” rating to a “c+” rating in a research note on Thursday, October 19th. Sidoti started coverage on Net 1 UEPS Technologies in a research note on Monday, November 20th. They set a “buy” rating on the stock. BidaskClub raised Net 1 UEPS Technologies from a “sell” rating to a “hold” rating in a research note on Saturday, December 30th. Finally, Zacks Investment Research lowered Net 1 UEPS Technologies from a “strong-buy” rating to a “hold” rating in a research note on Saturday, January 13th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and three have given a buy rating to the stock. Net 1 UEPS Technologies presently has an average rating of “Hold” and an average target price of $13.00.

In related news, Director Paul Edwards sold 9,000 shares of Net 1 UEPS Technologies stock in a transaction that occurred on Monday, December 18th. The stock was sold at an average price of $11.36, for a total value of $102,240.00. Following the transaction, the director now directly owns 10,822 shares of the company’s stock, valued at $122,937.92. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Alasdair Jonathan Kemsley Pein sold 6,500 shares of Net 1 UEPS Technologies stock in a transaction that occurred on Tuesday, December 12th. The stock was sold at an average price of $11.01, for a total value of $71,565.00. Following the completion of the transaction, the director now directly owns 29,061 shares in the company, valued at $319,961.61. The disclosure for this sale can be found here. 3.18% of the stock is owned by insiders.

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About Net 1 UEPS Technologies

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.

Insider Buying and Selling by Quarter for Net 1 UEPS Technologies (NASDAQ:UEPS)

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