Joint Stock Company Kaspi.kz (NASDAQ:KSPI) Now Covered by Analysts at New Street Research

New Street Research started coverage on shares of Joint Stock Company Kaspi.kz (NASDAQ:KSPI) in a research note published on Tuesday, Benzinga reports. The firm issued a buy rating and a $175.00 target price on the stock.

KSPI has been the topic of several other reports. JPMorgan Chase & Co. assumed coverage on Joint Stock Company Kaspi.kz in a research note on Monday, March 11th. They set an overweight rating and a $159.00 target price on the stock. Susquehanna assumed coverage on shares of Joint Stock Company Kaspi.kz in a research report on Tuesday, February 27th. They issued a positive rating and a $154.00 price objective for the company. Finally, Wolfe Research initiated coverage on shares of Joint Stock Company Kaspi.kz in a research report on Tuesday, February 13th. They set an outperform rating and a $130.00 target price on the stock.

Joint Stock Company Kaspi.kz Stock Performance

Shares of KSPI opened at $120.52 on Tuesday. The company has a 50 day moving average price of $116.94. The company has a debt-to-equity ratio of 0.04, a current ratio of 0.98 and a quick ratio of 0.98. Joint Stock Company Kaspi.kz has a twelve month low of $85.02 and a twelve month high of $136.17.

Joint Stock Company Kaspi.kz Announces Dividend

The company also recently disclosed a dividend, which was paid on Friday, April 19th. Stockholders of record on Monday, April 15th were paid a $1.9022 dividend. The ex-dividend date of this dividend was Friday, April 12th.

Institutional Investors Weigh In On Joint Stock Company Kaspi.kz

Large investors have recently bought and sold shares of the company. ANTIPODES PARTNERS Ltd purchased a new position in Joint Stock Company Kaspi.kz during the 1st quarter worth approximately $128,000. Sumitomo Mitsui Trust Holdings Inc. purchased a new position in shares of Joint Stock Company Kaspi.kz during the first quarter worth $64,051,000. Nikko Asset Management Americas Inc. purchased a new position in shares of Joint Stock Company Kaspi.kz during the first quarter worth $64,051,000. Finally, Baillie Gifford & Co. acquired a new position in Joint Stock Company Kaspi.kz during the first quarter valued at $147,577,000. Hedge funds and other institutional investors own 0.09% of the company’s stock.

Joint Stock Company Kaspi.kz Company Profile

Joint Stock Company Kaspi.kz, together with its subsidiaries, provides payments, marketplace, and fintech solutions for consumers and merchants in the Republic of Kazakhstan. It operates through three segments: Payments Platform, Marketplace Platform, and Fintech Platform. The Payments Platform segment facilities transactions between customers and merchants.