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Tale of the Tape

Zacks Equity Research

Is This the Top for Net 1 UEPS Technologies Inc. (UEPS)
September 26, 2013

UEPS

Trades from $3
Net 1 UEPS Technologies Inc. (UEPS - Free Report) has moved higher as of late, but there could definitely be trouble on the horizon for this company. That is because UEPS is now in overbought territory with an RSI value of 73.4. Furthermore, estimates for the Net 1 UEPS Technologies Inc. have been coming down, pushing it to Zacks Rank #4 (Sell). This suggests that investors may better off exiting this stock before it falls back to Earth.

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