Net 1 Ueps Technologies (UEPS) Crumbles: Stock Falls by 5.5% - Tale of the Tape

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Net 1 Ueps Technologies Inc. UEPS saw a big move last session, as the company's shares fell by about 6% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This continues the most recent downtrend for UEPS, as the stock is now down over 13% since March 25.

This payment solutions and transactions processing services provider has seen a flat track record when it comes to current year estimate revisions over the past few weeks. The consensus for earnings hasn't been in a trend either. This recent price action is discouraging, so make sure to keep a close watch of this firm in the near future, and especially on earnings estimates following the recent slump.

UEPS currently has a Zacks Rank #3 (Hold) while its Earnings ESP  is 0.00%.

Some better-ranked stocks in the broader Business Services sector include Convergys Corporation CVG, ICF International Inc. ICFI and Rentrak Corporation RENT. All these stocks hold a Zacks Rank #1 (Strong Buy).

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CONVERGYS CORP CVG: Free Stock Analysis Report

ICF INTL INC ICFI: Free Stock Analysis Report

RENTRAK CORP RENT: Free Stock Analysis Report

NET 1 UEPS TECH UEPS: Free Stock Analysis Report

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