African Stock Exchanges

AEL - Altron: Allied Electronics Corporation

Twitter · Facebook
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 122nd most valuable stock on the JSE with a market capitalization of ZAR 7.6 billion, which makes about 0.037% of the Johannesburg Stock Exchange equity market.

AEL18.01 ▾ 0.46 (2.49%)
23 minutes ago
Last Trading Results
Opening Price
Day’s Low Price18.00
Day’s High Price18.89
Traded Volume374,920
Number of Deals65
Gross Turnover6.93M
Growth & Valuation
Earnings Per Share1.16
Price/Earning Ratio15.92
Dividend Per Share0.58
Dividend Yield3.14%
Shares Outstanding411M
Market Capitalization7.6B
Monetary values are quoted in South African Rand (ZAR) unless otherwise stated

AEL Stock Market Performance

1WK4WK3MO
+5.66%+9.35%+24.4%
6MO1YRYTD
+62%+131%+80.2%

The current share price of Altron: Allied Electronics Corporation (AEL) is ZAR 18.01. AEL closed its last trading day (Wednesday, October 9, 2024) at 18.47 ZAR per share on the Johannesburg Stock Exchange (JSE), recording a 0.2% drop from its previous closing price of 18.50 ZAR. Altron: Allied Electronics began the year with a share price of 10.25 ZAR and has since gained 80.2% on that price valuation, ranking it 18th on the JSE in terms of year-to-date performance. Shareholders can be optimistic about AEL knowing the stock has accrued 9% over the past four-week period—68th best on JSE.

Altron: Allied Electronics Corporation is the 119th most traded stock on the Johannesburg Stock Exchange over the past three months (Jul 11 - Oct 9, 2024). AEL has traded a total volume of 25.1 million shares—in 12,458 deals—valued at ZAR 427 million over the period, with an average of 398,891 traded shares per session. A volume high of 2.28 million was achieved on October 9th, and a low of 18,014 on September 6th, 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%
2024-10-092,278,68618.47-0.03-0.16%
2024-10-08205,68818.50+0.50+2.78%
2024-10-07113,97118.00+0.48+2.74%
2024-10-0479,08817.52+0.02+0.11%
2024-10-0326,26917.50+0.02+0.11%
2024-10-0278,32117.48+0.38+2.22%
2024-10-01152,62817.10-0.20-1.16%
2024-09-3030,75117.30-0.91-5.00%
2024-09-2733,77518.21+0.01+0.05%
2024-09-2670,71018.20

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 (80), 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
ISAISA Holdings Limited382M2.24+79.2%
KROKarooooo Ltd21.9B708.98+49.3%
PRXProsus N.V.3.11T771.08+37.6%
NPNNaspers Ltd763B4,277.97+36.8%
LSKLesaka Technologies7.21B89.55+32.3%
CTACapital Appreciation Limited2.14B1.63+24.4%
EOHEOH Holdings Ltd1.08B1.70+18.9%
DTCDatatec Ltd8.79B37.69-6.94%
PBGPBT Group Limited596M5.75-11.5%
PWRPowerFleet Inc9.63B88.01-11.8%

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

Post a Comment

    NOTE: You are replying to 's comment. [Cancel]