Joint Stock Company Kaspi.kz (NASDAQ:KSPI) Research Coverage Started at New Street Research

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

Other analysts also recently issued research reports about the stock. Susquehanna assumed coverage on shares of Joint Stock Company Kaspi.kz in a research report on Tuesday, February 27th. They set a positive rating and a $154.00 target price for the company. JPMorgan Chase & Co. assumed coverage on shares of Joint Stock Company Kaspi.kz in a research note on Monday, March 11th. They issued an overweight rating and a $159.00 target price on the stock. Finally, Wolfe Research started 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 price target for the company.

Joint Stock Company Kaspi.kz Stock Performance

Shares of NASDAQ:KSPI opened at $120.52 on Tuesday. The stock’s 50-day moving average price is $116.94. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 0.04. Joint Stock Company Kaspi.kz has a 12 month low of $85.02 and a 12 month high of $136.17.

Joint Stock Company Kaspi.kz Dividend Announcement

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

Institutional Trading of Joint Stock Company Kaspi.kz

A number of hedge funds have recently made changes to their positions in the company. ANTIPODES PARTNERS Ltd purchased a new position in shares of Joint Stock Company Kaspi.kz in the first quarter valued at $128,000. Sumitomo Mitsui Trust Holdings Inc. purchased a new position in Joint Stock Company Kaspi.kz in the 1st quarter valued at about $64,051,000. Nikko Asset Management Americas Inc. purchased a new position in Joint Stock Company Kaspi.kz in the 1st quarter valued at about $64,051,000. Finally, Baillie Gifford & Co. acquired a new stake in shares of Joint Stock Company Kaspi.kz during the first quarter valued at about $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.