TMCNet:  Uptrend Call Working As Net 1 UEPS Technologies Stock Rises 36.0% (UEPS)

[June 12, 2013]

Uptrend Call Working As Net 1 UEPS Technologies Stock Rises 36.0% (UEPS)

Jun 12, 2013 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified an Uptrend for Net 1 UEPS Technologies (NASDAQ:UEPS) on December 7th, 2012 at $5.22. In approximately 6 months, Net 1 UEPS Technologies has returned 35.95% as of today's recent price of $7.09.


In the past 52 weeks, Net 1 UEPS Technologies share prices have been bracketed by a low of $3.01 and a high of $12.62 and are now at $7.09, 136% above that low price. The 200-day and 50-day moving averages have moved 0.27% lower and 0.29% lower over the past week, respectively.

Net 1 UEPS Technologies, Inc. holds a non-exclusive worldwide license to the Universal Electronic Payment System (UEPS). The Company commercializes the smart card based service through alliances with banks, card services, and retail organizations.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Net 1 UEPS Technologies shares.Log in and add Net 1 UEPS Technologies (UEPS) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Write to Chip Brian at cbrian@mysmartrend.com --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup

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