BLU - Blue Label Telecoms Ltd
Blue Labelâs core business is the virtual distribution of secure electronic tokens of value, predominantly prepaid airtime, starter packs and electricity at present, and transactional services across its global footprint of touch points.
Blue Label Telecoms Ltd is a technology company. It derives revenue from the distribution of airtime and mobile transaction services. It operates through four segments: South African Distribution, International Distribution, Mobile, and Solutions. South African...
Blue Label Telecoms Ltd is listed on the Johannesburg Stock Exchange (JSE). Blue Label Telecoms is traded on the JSE under the ticker symbol “BLU”. The International Securities Identification Number (ISIN) of JSE:BLU is ZAE000109088. Blue Label Telecoms Ltd is currently the 147th most valuable stock on the JSE with a market capitalization of ZAR 3.71 billion, which is about 0.02% of the Johannesburg Stock Exchange equity market.
| Last Trading Results | |
|---|---|
| Opening Price | |
| Day’s Low Price | 4.04 |
| Day’s High Price | 4.14 |
| Traded Volume | 86,074 |
| Number of Deals | 50 |
| Gross Turnover | 348,569.02 |
| Growth & Valuation | |
|---|---|
| Earnings Per Share | 0.8579 |
| Price/Earning Ratio | 4.73 |
| Dividend Per Share | 0.40 |
| Dividend Yield | 9.85% |
| Shares Outstanding | 914M |
| Market Capitalization | 3.71B |
BLU Stock Market Performance
| 1WK | 4WK | 3MO |
|---|---|---|
| -3.56% | +0.74% | +11.9% |
| 6MO | 1YR | YTD |
|---|---|---|
| +24.9% | -9.58% | +4.64% |
The current share price of Blue Label Telecoms Ltd (BLU) is ZAR 4.06. BLU closed its last trading day (Friday, April 19, 2024) at 4.06 ZAR per share on the Johannesburg Stock Exchange (JSE), recording a 1.9% drop from its previous closing price of 4.14 ZAR. Blue Label Telecoms began the year with a share price of 3.88 ZAR and has since gained 4.64% on that price valuation, ranking it 87th on the JSE in terms of year-to-date performance.
Blue Label Telecoms is the 112th most traded stock on the Johannesburg Stock Exchange over the past three months (Jan 19 - Apr 19, 2024). BLU has traded a total volume of 23.7 million shares—in 10,888 deals—valued at ZAR 93.3 million over the period, with an average of 376,913 traded shares per session. A volume high of 1.87 million was achieved on March 28th, and a low of 18,257 on February 2nd, for the same period. The table below details the last 10 trading days of activity of Blue Label Telecoms on the Johannesburg Stock Exchange.
| Date | Volume | Close | Change | Change% |
|---|---|---|---|---|
| 2024-04-19 | 86,074 | 4.06 | -0.08 | -1.93% |
| 2024-04-18 | 203,101 | 4.14 | -0.04 | -0.96% |
| 2024-04-17 | 180,392 | 4.18 | +0.08 | +1.95% |
| 2024-04-16 | 151,038 | 4.10 | +0.01 | +0.24% |
| 2024-04-15 | 426,906 | 4.09 | -0.12 | -2.85% |
| 2024-04-12 | 218,609 | 4.21 | -0.09 | -2.09% |
| 2024-04-11 | 31,551 | 4.30 | -0.08 | -1.83% |
| 2024-04-10 | 229,966 | 4.38 | -0.07 | -1.57% |
| 2024-04-09 | 129,001 | 4.45 | -0.05 | -1.11% |
| 2024-04-08 | 452,282 | 4.50 |
Profile of Blue Label Telecoms Ltd.
Blue Label Telecoms Ltd. operates in the Telecommunications sector, specifically, the Mobile Telecommunications industry.
Factsheet of Blue Label Telecoms Ltd.
- Sector
- Telecommunications
- Industry
- Mobile Telecommunications
- Address
- 75 Grayston Drive, Morningside Ext 5, Sandton, 2196
- Telephone
- 011 523-3000
- info@blts.co.za
- Website
- www.bluelabeltelecoms.co.za
BLU Industrial Market Competitors
Blue Label Telecoms Ltd., issuers of the BLU stock on the Johannesburg Stock Exchange, have five market competitors who are also engaged in the Telecommunications sector and/or Mobile Telecommunications industry. The table below presents an overview of their market standing.
| Code | Name | M. Cap. | Close | YTD |
|---|---|---|---|---|
| HUG | Huge Group Ltd | 336M | 1.95 | -2.5% |
| VOD | Vodacom Group Ltd | 183B | 88.12 | -16.9% |
| MTN | MTN Group Ltd | 154B | 82.09 | -28.9% |
| TLM | Telemaster Holdings Limited | 79.9M | 1.39 | +85.3% |
| TKG | Telkom SA SOC Ltd | 12.8B | 25.00 | -15.9% |