LSK - Lesaka Technologies

Apr 25, 2024 at 14:12 Twitter · Facebook

LSK share price on Johannesburg Stock Exchange

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 143rd most valuable stock on the JSE with a market capitalization of ZAR 4.29 billion, which is about 0.022% of the Johannesburg Stock Exchange equity market.

LSK Stock Market Performance

The current share price of Lesaka Technologies (LSK) is ZAR 76.04. LSK closed its last trading day (Wednesday, April 24, 2024) at 76.04 ZAR per share on the Johannesburg Stock Exchange (JSE), recording a 4.9% drop from its previous closing price of 80.00 ZAR. Lesaka began the year with a share price of 67.68 ZAR and has since gained 12.4% on that price valuation, ranking it 45th on the JSE in terms of year-to-date performance. Shareholders can be optimistic about LSK knowing the stock has accrued 17% over the past four-week period—24th best on JSE.

Lesaka Technologies is the 361st most traded stock on the Johannesburg Stock Exchange over the past three months (Jan 24 - Apr 24, 2024). LSK has traded a total volume of 21,849 shares—in 81 deals—valued at ZAR 1.46 million over the period, with an average of 347 traded shares per session. A volume high of 2,814 was achieved on January 25th for the same period. The table below details the last 10 trading days of activity of Lesaka Technologies on the Johannesburg Stock Exchange.

Profile of Lesaka Technologies, Inc.

Lesaka Technologies, Inc. operates in the Technology sector, specifically, the Software & Computer Services industry.

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.

Index of African Stock Exchanges:

1. Botswana Stock Exchange
2. BRVM Stock Exchange
3. Ghana Stock Exchange
4. Johannesburg Stock Exchange
5. Lusaka Securities Exchange
6. Malawi Stock Exchange
7. Nairobi Securities Exchange
8. Nigerian Stock Exchange
9. Uganda Securities Exchange
10. Zimbabwe Stock Exchange