BYI - Bytes Technology Group Plc
Bytes Technology Group PLC is one of the UK’s leading providers of IT software offerings and solutions, with a focus on cloud and security products. The Bytes Group also offers storage and virtualization, licensing, digital transformation, software asset management, cloud management, and cyber consulting services. The firm enables effective and cost-efficient technology sourcing, adoption, and management across software services, including in the areas of security and the Cloud. Bytes aims to deliver the latest technology to a diverse and embedded non-consumer customer base and has a long track record of delivering strong financial performance.
The Bytes Technology Group operates under two core brands, namely, Bytes Software Services and Phoenix Software. The company also provides support to CIOs and IT departments of large enterprises, public sector organizations, and commercial businesses to help them maximize productivity, achieve digital transformation, and realize the increasing value of their IT systems and platforms. Bytes Technology Group is headquartered in Leatherhead, United Kingdom.
Bytes Technology Group Plc is listed on the Johannesburg Stock Exchange (JSE) since December 17th, 2020. Bytes Technology is traded on the JSE under the ticker symbol “BYI”. The International Securities Identification Number (ISIN) of JSE:BYI is GB00BMH18Q19. Bytes Technology Group Plc is currently the 61st most valuable stock on the JSE with a market capitalization of ZAR 27.8 billion, which makes about 0.143% of the Johannesburg Stock Exchange equity market.
| Last Trading Results | |
|---|---|
| Opening Price | |
| Day’s Low Price | 113.79 |
| Day’s High Price | 117.30 |
| Traded Volume | 93,921 |
| Number of Deals | 234 |
| Gross Turnover | 10.9M |
| Growth & Valuation | |
|---|---|
| Earnings Per Share | 4.0915 |
| Price/Earning Ratio | 28.30 |
| Dividend Per Share | 1.83 |
| Dividend Yield | 1.58% |
| Shares Outstanding | 240M |
| Market Capitalization | 27.8B |
BYI Stock Market Performance
| 1WK | 4WK | 3MO |
|---|---|---|
| +1.37% | -6.27% | -24.8% |
| 6MO | 1YR | YTD |
|---|---|---|
| +5.09% | +28.3% | -19.2% |
The current share price of Bytes Technology Group Plc (BYI) is ZAR 115.77. BYI closed its last trading day (Wednesday, April 24, 2024) at 115.77 ZAR per share on the Johannesburg Stock Exchange (JSE), recording a 0.2% gain over its previous closing price of 115.50 ZAR. Bytes Technology began the year with a share price of 143.21 ZAR but has since lost 19.2% off that price valuation, ranking it 341st on the JSE in terms of year-to-date performance. Shareholders’ worries are compounded by the fact that BYI has lost 6% of the stock’s value from March 25th to date.
Bytes Technology Group is the 123rd most traded stock on the Johannesburg Stock Exchange over the past three months (Jan 24 - Apr 24, 2024). BYI has traded a total volume of 17.6 million shares—in 9,743 deals—valued at ZAR 2.24 billion over the period, with an average of 279,002 traded shares per session. A volume high of 2.21 million was achieved on April 8th, and a low of 1,110 on February 19th, for the same period. The table below details the last 10 trading days of activity of Bytes Technology on the Johannesburg Stock Exchange.
| Date | Volume | Close | Change | Change% |
|---|---|---|---|---|
| 2024-04-24 | 93,921 | 115.77 | +0.27 | +0.23% |
| 2024-04-23 | 73,367 | 115.50 | +0.35 | +0.30% |
| 2024-04-22 | 34,157 | 115.15 | +1.65 | +1.45% |
| 2024-04-19 | 9,596 | 113.50 | +0.33 | +0.29% |
| 2024-04-18 | 61,989 | 113.17 | -1.03 | -0.90% |
| 2024-04-17 | 132,973 | 114.20 | -1.61 | -1.39% |
| 2024-04-16 | 67,630 | 115.81 | -1.17 | -1.00% |
| 2024-04-15 | 111,475 | 116.98 | -3.77 | -3.12% |
| 2024-04-12 | 369,486 | 120.75 | +1.75 | +1.47% |
| 2024-04-11 | 206,243 | 119.00 |
Profile of Bytes Technology Group Plc
Bytes Technology Group Plc was founded on October 7, 2020 and operates in the Technology sector, specifically, the Software & Computer Services industry. The company is led by Neil Murphy as its Chief Executive Director. The company's board of directors, chaired by Patrick de Smedt, is composed of six members whose names are listed below.
- De Smedt, Patrick
Chairman - Murphy, Neil
Chief Executive Director - Richardson, Keith
Chief Financial Officer - Phillips, Mike
Senior Independent Non Executive Director - Vincent, Alison (Dr)
Independent Non Executive Director - Maw, David
Non Executive Director
Factsheet of Bytes Technology Group Plc
- Sector
- Technology
- Industry
- Software & Computer Services
- Address
- Bytes House, Randalls Way, LeatherHead, KT22 7TW, United Kingdom
- Telephone
- +44-1372-418-500
- —
- Website
- www.bytesplc.com
BYI Industrial Market Competitors
Bytes Technology Group Plc, issuers of the BYI 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.
| Code | Name | M. Cap. | Close | YTD |
|---|---|---|---|---|
| ISA | ISA Holdings Limited | 270M | 1.58 | +26.4% |
| NPN | Naspers Ltd | 655B | 3,675.60 | +17.5% |
| PRX | Prosus N.V. | 2.59T | 642.12 | +14.6% |
| LSK | Lesaka Technologies | 4.29B | 76.04 | +12.4% |
| AEL | Altron: Allied Electronics Corporation | 4.73B | 11.50 | +12.2% |
| KRO | Karooooo Ltd | 16.3B | 525.51 | +10.6% |
| SEB | Sebata Holdings Limited | 253M | 2.20 | +10% |
| PBG | PBT Group Limited | 698M | 6.70 | +3.08% |
| CGN | Cognition Holdings Ltd | 232M | 1.01 | +3.06% |
| CTA | Capital Appreciation Limited | 1.53B | 1.17 | -10.7% |