African Stock Exchanges

AEL - Altron: Allied Electronics Corporation

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AEL share price on Johannesburg Stock ExchangeAEL share price on Johannesburg Stock Exchange

Allied Electronics Corporation Limited (abbreviated as Altron) is a South African information technology services company that provides solutions in the fintech, health technology, safety and security, and learning and development sectors. In addition, the company also offers cloud computing, data management and security, enterprise application development, and training services. Altron is clustered into four operating segments based on its ICT capabilities, namely, Digital Transformation, Smart IoT, Healthtech & Fintech, and Managed Services — combining technical expertise with customer understanding to provide holistic tech solutions.

Though headquartered in South Africa, Altron has direct presence in the rest of Africa, Europe, Middle East, and Australia. The group also has strategic partnerships with leading international technology companies that gives it access to leading technology capabilities and products from across the world, including Asia, Europe, and North America. (Currently, most of the company's revenue and headcount are derived from the local market in South Africa.) With a purpose of delivering innovation that matters, Altron's strategic priorities are to increase revenue growth, improve profitability, transform the customer experience, and achieve employee excellence.

Altron: Allied Electronics Corporation is listed on the Johannesburg Stock Exchange (JSE). Altron: Allied Electronics is traded on the JSE under the ticker symbol “AEL”. The International Securities Identification Number (ISIN) of JSE:AEL is ZAE000191342. Altron: Allied Electronics Corporation is currently the 168th most valuable stock on the JSE with a market capitalization of ZAR 3.6 billion, which makes about 0.016% of the Johannesburg Stock Exchange equity market.

AEL8.89 ▴ 0.11 (1.25%)
31 minutes ago
Last Trading Results
Opening Price
Day’s Low Price8.52
Day’s High Price8.94
Traded Volume111,109
Number of Deals147
Gross Turnover964,893.00
Growth & Valuation
Earnings Per Share0.80
Price/Earning Ratio10.98
Dividend Per Share0.39
Dividend Yield4.44%
Shares Outstanding411M
Market Capitalization3.6B
Monetary values are quoted in South African Rand (ZAR) unless otherwise stated

AEL Stock Market Performance

1WK4WK3MO
-1.35%-4.77%+3.66%
6MO1YRYTD
+6.42%+12.6%-4.77%

The current share price of Altron: Allied Electronics Corporation (AEL) is ZAR 8.89. AEL closed its last trading day (Monday, January 30, 2023) at 8.78 ZAR per share on the Johannesburg Stock Exchange (JSE), recording a 0.2% drop from its previous closing price of 8.80 ZAR. Altron: Allied Electronics began the year with a share price of 9.22 ZAR but has since lost 4.77% off that price valuation, ranking it 344th on the JSE in terms of year-to-date performance.

Altron: Allied Electronics Corporation is the 118th most traded stock on the Johannesburg Stock Exchange over the past three months (Oct 28, 2022 - Jan 30, 2023). AEL has traded a total volume of 24.8 million shares—in 4,546 deals—valued at ZAR 227 million over the period, with an average of 393,041 traded shares per session. A volume high of 5.84 million was achieved on November 30th, and a low of 751 on December 29th, for the same period. The table below details the last 10 trading days of activity of Altron: Allied Electronics on the Johannesburg Stock Exchange.

DateVolumeCloseChangeChange%
2023-01-306,6508.78-0.02-0.23%
2023-01-27238,9358.80-0.19-2.11%
2023-01-26121,2668.99-0.10-1.10%
2023-01-25183,9329.09+0.30+3.41%
2023-01-248,1588.79-0.11-1.24%
2023-01-23210,7968.90+0.21+2.42%
2023-01-20245,9658.69-0.20-2.25%
2023-01-19135,3258.89-0.01-0.11%
2023-01-18123,8228.90
2023-01-17179,2838.90

Profile of Allied Electronics Corporation Limited

Allied Electronics Corporation Limited was founded on February 13, 1947 and operates in the Technology sector, specifically, the Software & Computer Services industry. Allied Electronics Corporation contracts an estimated total number of 7,331 employees. The company is led by Mteto Nyati as its Group Chief Executive, since 2017. The company's board of directors, chaired by Mike J. Leeming (79), is composed of 11 members whose names are listed below.

  1. Leeming, Mike J.
    Chairman
  2. Nyati, Mteto
    Group Chief Executive
  3. Ball, Antony C.
    Board Member
  4. Francis, Berenice
    Board Member
  5. Dawson, Brett W.
    Board Member
  6. Venter, Robert E.
    Board Member
  7. Mnganga, Phumla (Dr)
    Board Member
  8. Gelink, Grant G.
    Board Member
  9. Van Graan, Stewart W.
    Board Member
  10. Sithole, Samuel
    Board Member
  11. Miller, Cedric
    Board Member

Factsheet of Allied Electronics Corporation Limited

Sector
Technology
Industry
Software & Computer Services
Address
4 Sherborne Road, Parktown, Guateng, 2193, South Africa
Telephone
+27-11-645-3600

AEL Industrial Market Competitors

Allied Electronics Corporation Limited, issuers of the AEL stock on the Johannesburg Stock Exchange, have a number of market competitors who are also engaged in the Technology sector and/or Software & Computer Services industry. The table below presents an overview of the market standing of the top 10 by year-to-date performance.

CodeNameM. Cap.CloseYTD
AYOAyo Tech Solutions Ltd1.03B3.00+25%
NPNNaspers Ltd1.46T3,354.81+18.8%
SEBSebata Holdings Limited285M2.48+17.5%
PRXProsus N.V.2.77T1,380.18+17.2%
DTCDatatec Ltd7.42B32.99+6.42%
LSKLesaka Technologies4.54B76.61+4.53%
KROKarooooo Ltd12.9B416.55+4.13%
BYIBytes Technology Group Plc19.4B80.81+2.49%
CTACapital Appreciation Limited1.97B1.50
ETOEtion Limited310M0.55

Index of African Stock Exchanges:

  1. Botswana Stock Exchange
  2. BRVM Stock Exchange
  3. Ghana Stock Exchange
  4. Johannesburg Stock Exchange
  5. Lusaka Securities Exchange
  6. Malawi Stock Exchange
  7. Nairobi Securities Exchange
  8. Nigerian Stock Exchange
  9. Uganda Securities Exchange
  10. Zimbabwe Stock Exchange

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