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.

AEL10.30 ▴ 0.30 (3%)
1 hour ago
Last Trading Results
Opening Price
Day’s Low Price10.11
Day’s High Price10.38
Traded Volume121,613
Number of Deals28
Gross Turnover1.25M
Growth & Valuation
Earnings Per Share0.31
Price/Earning Ratio32.26
Dividend Per Share0.48
Dividend Yield4.8%
Shares Outstanding405M
Market Capitalization4.17B
Monetary values are quoted in South African Rand (ZAR) unless otherwise stated

AEL Stock Market Performance

1WK4WK3MO
-4.76%+0.7%+4.71%
6MO1YRYTD
-6.72%-56.9%-8.34%

The current share price of Altron: Allied Electronics Corporation (AEL) is ZAR 10.30. AEL closed its last trading day (Tuesday, September 21, 2021) at 10.00 ZAR per share on the Johannesburg Stock Exchange (JSE), recording a 2.7% drop from its previous closing price of 10.28 ZAR. Altron: Allied Electronics began the year with a share price of 10.91 ZAR but has since lost 8.34% off that price valuation, ranking it 359th on the JSE in terms of year-to-date performance.

Altron: Allied Electronics Corporation is the 144th most traded stock on the Johannesburg Stock Exchange over the past three months (Jun 24 - Sep 21, 2021). AEL has traded a total volume of 21.3 million shares—in 9,255 deals—valued at ZAR 214 million over the period, with an average of 338,062 traded shares per session. A volume high of 4.06 million was achieved on July 30th, and a low of 33,051 on August 18th, 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%
2021-09-21423,33310.00-0.28-2.72%
2021-09-20132,80210.28-0.22-2.10%
2021-09-17578,09310.50-0.10-0.94%
2021-09-16277,75110.60+0.02+0.19%
2021-09-15109,01310.58+0.08+0.76%
2021-09-14190,49110.50
2021-09-1386,70410.50-0.30-2.78%
2021-09-10363,20510.80+0.24+2.27%
2021-09-0965,96010.56+0.21+2.03%
2021-09-08126,68510.35

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.

  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
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 presents an overview of the market standing of the top 10 by year-to-date performance.

CodeNameM. Cap.CloseYTD
JSCJasco Electronics Holdings Ltd91.7M0.39+129%
ETOEtion Limited322M0.61+126%
BYIBytes Technology Group Plc25.1B107.09+60.6%
ADIAdapt IT Holdings Ltd962M6.96+58.9%
DTCDatatec Ltd7.38B34.10+38.9%
PBGPBT Group Limited489M5.08+25.4%
SVBSilverbridge Holdings43.7M1.30+25%
CTACapital Appreciation Limited1.47B1.14-1.72%
KROKarooooo Ltd14.1B449.99-10%
CGNCognition Holdings Ltd151M0.66-10.8%

Index of African Stock Exchanges:

  1. Botswana Stock Exchange
  2. BRVM Stock Exchange
  3. Ghana Stock Exchange
  4. Johannesburg Stock Exchange
  5. Lusaka Stock 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]