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 175th most valuable stock on the JSE with a market capitalization of ZAR 3.64 billion, which makes about 0.018% of the Johannesburg Stock Exchange equity market.

AEL8.93 ▴ 0.21 (2.41%)
Yesterday
Last Trading Results
Opening Price
Day’s Low Price8.70
Day’s High Price9.25
Traded Volume20,180
Number of Deals36
Gross Turnover182,266.29
Growth & Valuation
Earnings Per Share0.51
Price/Earning Ratio17.51
Dividend Per Share0.30
Dividend Yield3.36%
Shares Outstanding408M
Market Capitalization3.64B
Monetary values are quoted in South African Rand (ZAR) unless otherwise stated

AEL Stock Market Performance

1WK4WK3MO
-7.17%+6.69%+12.3%
6MO1YRYTD
-12.5%-23.2%-2.4%

The current share price of Altron: Allied Electronics Corporation (AEL) is ZAR 8.93. AEL closed its last trading day (Friday, May 27, 2022) at 8.93 ZAR per share on the Johannesburg Stock Exchange (JSE), recording a 2.4% gain over its previous closing price of 8.72 ZAR. Altron: Allied Electronics began the year with a share price of 9.15 ZAR but has since lost 2.4% off that price valuation, ranking it 212th on the JSE in terms of year-to-date performance. Shareholders’ fears may be allayed by the 7% increase of AEL share price since April 28th, which is 41st best on JSE.

Altron: Allied Electronics Corporation is the 100th most traded stock on the Johannesburg Stock Exchange over the past three months (Feb 23 - May 27, 2022). AEL has traded a total volume of 49.9 million shares—in 11,108 deals—valued at ZAR 403 million over the period, with an average of 791,526 traded shares per session. A volume high of 10.3 million was achieved on March 18th, and a low of 20,180 on May 27th, 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%
2022-05-2720,1808.93+0.21+2.41%
2022-05-26659,2668.72-0.26-2.90%
2022-05-25226,2688.98-0.67-6.94%
2022-05-24370,9049.65-0.05-0.52%
2022-05-231,444,8539.70+0.08+0.83%
2022-05-20733,4119.62-0.02-0.21%
2022-05-19666,3329.64+0.26+2.77%
2022-05-18355,5079.38+0.13+1.41%
2022-05-17802,5259.25+0.21+2.32%
2022-05-16813,4019.04

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 (78), 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
ETOEtion Limited282M0.50+47.1%
SVBSilverbridge Holdings57.1M1.70+41.7%
PBGPBT Group Limited964M9.10+17.4%
ISAISA Holdings Limited183M1.07+12.6%
SEBSebata Holdings Limited293M2.55+11.8%
CTACapital Appreciation Limited2.21B1.69-0.59%
DTCDatatec Ltd8.13B37.48-2.65%
CGNCognition Holdings Ltd149M0.65-4.41%
LSKLesaka Technologies4.41B74.54-11.9%
EOHEOH Holdings Ltd1.05B5.95-12.9%

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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