AEL - Altron: Allied Electronics Corporation
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.
| Last Trading Results | Growth & Valuation | ||
|---|---|---|---|
| Opening Price: | -- | Earnings Per Share: | -- |
| Day's Low Price: | 9.01 | Price/Earning Ratio: | -- |
| Day's High Price: | 10.49 | Dividend Per Share: | -- |
| Traded Volume: | 1,026,801 | Dividend Yield: | -- |
| Number of Deals: | 449 | Shares Outstanding: | 401.88m |
| Value/Turnover: | 10.60m | Market Capitalization: | 4.22b |
AEL Stock Market Performance
| 1WK | 4WK | 3MO | 6MO | 1YR | YTD |
|---|---|---|---|---|---|
| -6.59% | -7.58% | -5.58% | +27.46% | -57.15% | -3.85% |
The current share price of Altron: Allied Electronics Corporation (AEL) is ZAR 10.49. The AEL stock closed its last trading day (Friday, June 18, 2021) at 10.49 ZAR per share on the Johannesburg Stock Exchange, recording a 1.16% gain over its previous closing price of 10.37 ZAR. AEL began the year with a share price of 10.91 ZAR but has since lost 3.85% off that price valuation, ranking it 355th on the JSE in terms of year-to-date performance. Shareholders' worries are further compounded by the fact that AEL has lost 7.58% of the stock's value from May 20 to date. The table below details the last 10 trading days of activity of Altron: Allied Electronics Corporation on the Johannesburg Stock Exchange.
| Date | Volume | Close | Change | Change% |
|---|---|---|---|---|
| 2021-06-18 | 1,026,801 | 10.49 | +0.12 | 1.16% |
| 2021-06-17 | 200,202 | 10.37 | -0.13 | 1.24% |
| 2021-06-15 | 330,129 | 10.50 | -0.22 | 2.05% |
| 2021-06-14 | 87,250 | 10.72 | -0.43 | 3.86% |
| 2021-06-11 | 339,813 | 11.15 | -0.08 | 0.71% |
| 2021-06-10 | 112,936 | 11.23 | -0.04 | 0.35% |
| 2021-06-09 | 469,571 | 11.27 | -0.27 | 2.34% |
| 2021-06-08 | 578,156 | 11.54 | -0.07 | 0.60% |
| 2021-06-07 | 557,999 | 11.61 | +0.11 | 0.96% |
| 2021-06-04 | 253,220 | 11.50 | -- | -- |
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 (77), is composed of 11 members whose names are listed below.
- Leeming, Mike J.
Chairman - Nyati, Mteto
Group Chief Executive - Ball, Antony C.
Board Member - Francis, Berenice
Board Member - Dawson, Brett W.
Board Member - Venter, Robert E.
Board Member - Mnganga, Phumla (Dr)
Board Member - Gelink, Grant G.
Board Member - Van Graan, Stewart W.
Board Member - Sithole, Samuel
Board Member - 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 | |
| Email: info@altron.com | Website: www.altron.com |
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 gives you an overview of the market standing of the top 10 by year-to-date performance.
| Code | Name | Mkt. Cap. | L. Price | YearTD |
|---|---|---|---|---|
| JSC | Jasco Electronics Holdings Ltd | 94.02m | 0.41 | +141.2% |
| ETO | Etion Limited | 231.41m | 0.41 | +51.9% |
| ADI | Adapt IT Holdings Ltd | 912.79m | 6.30 | +43.8% |
| SVB | Silverbridge Holdings | 46.69m | 1.39 | +33.6% |
| BYI | Bytes Technology Group Plc | 20.89b | 87.22 | +30.8% |
| DTC | Datatec Ltd | 5.54b | 27.50 | +12.0% |
| KRO | Karooooo Ltd | 17.02b | 550.00 | +10.0% |
| SEB | Sebata Holdings Limited | 316.02m | 2.75 | +10.0% |
| NPN | Naspers Ltd -N- | 1.33t | 3,050.17 | +1.02% |
| CTA | Capital Appreciation Limited | 1.53b | 1.17 | +0.86% |