LSK - Lesaka Technologies
Lesaka Technologies Inc is a South African fintech company that utilizes banking and payment technologies to deliver financial services solutions to merchants and consumers in Southern Africa. Lesaka’s mission is to drive financial inclusion for both merchant and consumer markets through offering services to previously underserved sectors of the economy. Lesaka offers cash management solutions, growth capital, card acquiring, bill payment technologies, and value-added services to formal and informal retail merchants as well as banking, lending, and insurance solutions to consumers across Southern Africa.
The Lesaka journey originally began as “Net1” in 1997 and later rebranded to Lesaka (2022). The Connect Group was acquired in 2022. As Lesaka, the business continues to grow its systems and capabilities to deliver meaningful fintech-enabled, innovative solutions for SA’s merchant and consumer markets. Lesaka has a primary listing on the NASDAQ and a secondary listing on the Johannesburg Stock Exchange
Lesaka Technologies is listed on the Johannesburg Stock Exchange (JSE) since October 8th, 2008. Lesaka is traded on the JSE under the ticker symbol “LSK”. The International Securities Identification Number (ISIN) of JSE:LSK is US64107N2062. Lesaka Technologies is currently the 135th most valuable stock on the JSE with a market capitalization of ZAR 4.78 billion, which is about 0.025% of the Johannesburg Stock Exchange equity market.
| Last Trading Results | |
|---|---|
| Opening Price | |
| Day’s Low Price | 72.49 |
| Day’s High Price | 78.00 |
| Traded Volume | 760 |
| Number of Deals | 4 |
| Gross Turnover | 58,396.00 |
| Growth & Valuation | |
|---|---|
| Earnings Per Share | -9.9512 |
| Price/Earning Ratio | -7.82 |
| Dividend Per Share | |
| Dividend Yield | |
| Shares Outstanding | 61.5M |
| Market Capitalization | 4.78B |
LSK Stock Market Performance
| 1WK | 4WK | 3MO |
|---|---|---|
| +7.28% | +4.8% | +18.5% |
| 6MO | 1YR | YTD |
|---|---|---|
| -4.05% | +21.5% | +6.13% |
The current share price of Lesaka Technologies (LSK) is ZAR 72.49. LSK closed its last trading day (Tuesday, September 19, 2023) at 77.78 ZAR per share on the Johannesburg Stock Exchange (JSE), recording a 6.5% gain over its previous closing price of 73.00 ZAR. Lesaka began the year with a share price of 73.29 ZAR and has since gained 6.13% on that price valuation, ranking it 129th on the JSE in terms of year-to-date performance.
Lesaka Technologies is the 292nd most traded stock on the Johannesburg Stock Exchange over the past three months (Jun 27 - Sep 22, 2023). LSK has traded a total volume of 495,206 shares—in 258 deals—valued at ZAR 35.9 million over the period, with an average of 7,860 traded shares per session. A volume high of 379,389 was achieved on June 30th for the same period. The table below details the last 10 trading days of activity of Lesaka Technologies on the Johannesburg Stock Exchange.
| Date | Volume | Close | Change | Change% |
|---|---|---|---|---|
| 2023-09-19 | 24,705 | 77.78 | +4.78 | +6.55% |
| 2023-09-18 | 450 | 73.00 | +0.50 | +0.69% |
| 2023-09-15 | 18,186 | 72.50 | -0.49 | -0.67% |
| 2023-09-14 | 9,540 | 72.99 | -0.01 | -0.01% |
| 2023-09-13 | 3,608 | 73.00 | +5.86 | +8.73% |
| 2023-09-12 | 15 | 67.14 | -1.86 | -2.70% |
| 2023-09-06 | 500 | 69.00 | -0.32 | -0.46% |
| 2023-09-05 | 32 | 69.32 | +0.54 | +0.79% |
| 2023-08-31 | 3,282 | 68.78 | +1.08 | +1.60% |
| 2023-08-29 | 64 | 67.70 |
Profile of Lesaka Technologies, Inc.
Lesaka Technologies, Inc. operates in the Technology sector, specifically, the Software & Computer Services industry.
Factsheet of Lesaka Technologies, Inc.
- Sector
- Technology
- Industry
- Software & Computer Services
- Address
- President Place, 4th Floor, Cnr Jan Smuts Avenue and Bolton Road, Rosebank, Johannesburg, 2196
- Telephone
- +27-11-343-2000
- LesakaIR@icrinc.com
- Website
- www.lesakatech.com
LSK Industrial Market Competitors
Lesaka Technologies, Inc., issuers of the LSK stock on the Johannesburg Stock Exchange, have a number of market competitors who are also engaged in the Technology sector and/or Software & Computer Services industry. The table below presents an overview of the market standing of the top 10 by year-to-date performance.
| Code | Name | M. Cap. | Close | YTD |
|---|---|---|---|---|
| BYI | Bytes Technology Group Plc | 26.3B | 109.86 | +39.3% |
| DTC | Datatec Ltd | 8.21B | 35.78 | +15.4% |
| NPN | Naspers Ltd | 584B | 3,117.02 | +10.4% |
| CGN | Cognition Holdings Ltd | 238M | 1.04 | +9.47% |
| SEB | Sebata Holdings Limited | 263M | 2.29 | +8.53% |
| KRO | Karooooo Ltd | 13.3B | 430.00 | +7.5% |
| ISA | ISA Holdings Limited | 212M | 1.24 | |
| AEL | Altron: Allied Electronics Corporation | 3.3B | 8.02 | -13% |
| CTA | Capital Appreciation Limited | 1.55B | 1.18 | -21.3% |
| PBG | PBT Group Limited | 784M | 7.50 | -23.9% |