GND - Grindrod Ltd
Grindrod, listed on the Johannesburg Stock Exchange Limited (JSE), is based in South Africa and is represented by subsidiaries, joint ventures and associated companies in 31countries worldwide, employing more than 4 700 skilled and dedicated people. As a South African listed company, the Groupâs vision is to create sustainable returns and long-term value for shareholders and other stakeholders. This is achieved through the contribution of its two divisions: Freight Services and Financial Services. Freight Servicesâ vision is to leverage its existing strategic portfolio of port, terminals and logistics solutions, as well as intellectual property to further enhance its position as a leading freight and logistics infrastructure and services provider.
Grindrod Ltd is listed on the Johannesburg Stock Exchange (JSE). Grindrod is traded on the JSE under the ticker symbol “GND”. The International Securities Identification Number (ISIN) of JSE:GND is ZAE000072328. Grindrod Ltd is currently the 110th most valuable stock on the JSE with a market capitalization of ZAR 8.27 billion, which is about 0.046% of the Johannesburg Stock Exchange equity market.
| Last Trading Results | |
|---|---|
| Opening Price | |
| Day’s Low Price | 11.85 |
| Day’s High Price | 12.00 |
| Traded Volume | 360,197 |
| Number of Deals | 159 |
| Gross Turnover | 4.29M |
| Growth & Valuation | |
|---|---|
| Earnings Per Share | 1.3640 |
| Price/Earning Ratio | 8.69 |
| Dividend Per Share | 0.57 |
| Dividend Yield | 4.81% |
| Shares Outstanding | 698M |
| Market Capitalization | 8.27B |
GND Stock Market Performance
| 1WK | 4WK | 3MO |
|---|---|---|
| +6.09% | +11.4% | +23.8% |
| 6MO | 1YR | YTD |
|---|---|---|
| +31.5% | +25% | +18.5% |
The current share price of Grindrod Ltd (GND) is ZAR 11.95. GND closed its last trading day (Thursday, September 28, 2023) at 11.85 ZAR per share on the Johannesburg Stock Exchange (JSE), recording a 2.2% gain over its previous closing price of 11.60 ZAR. Grindrod began the year with a share price of 10.00 ZAR and has since gained 18.5% on that price valuation, ranking it 57th on the JSE in terms of year-to-date performance. Shareholders can be optimistic about GND knowing the stock has accrued 11% over the past four-week period—18th best on JSE.
Grindrod is the 40th most traded stock on the Johannesburg Stock Exchange over the past three months (Jun 30 - Sep 28, 2023). GND has traded a total volume of 119 million shares—in 29,576 deals—valued at ZAR 1.21 billion over the period, with an average of 1.88 million traded shares per session. A volume high of 16.5 million was achieved on August 25th, and a low of 153,503 on July 28th, for the same period. The table below details the last 10 trading days of activity of Grindrod on the Johannesburg Stock Exchange.
| Date | Volume | Close | Change | Change% |
|---|---|---|---|---|
| 2023-09-28 | 3,251,465 | 11.85 | +0.25 | +2.16% |
| 2023-09-27 | 4,627,903 | 11.60 | +0.20 | +1.75% |
| 2023-09-26 | 1,600,928 | 11.40 | +0.28 | +2.52% |
| 2023-09-22 | 1,598,141 | 11.12 | +0.12 | +1.09% |
| 2023-09-21 | 1,952,220 | 11.00 | -0.17 | -1.52% |
| 2023-09-20 | 945,625 | 11.17 | -0.18 | -1.59% |
| 2023-09-19 | 2,648,139 | 11.35 | +0.51 | +4.70% |
| 2023-09-18 | 534,019 | 10.84 | +0.04 | +0.37% |
| 2023-09-15 | 2,323,307 | 10.80 | -0.04 | -0.37% |
| 2023-09-14 | 851,553 | 10.84 |
Profile of Grindrod Ltd.
Grindrod Ltd. operates in the Industrials sector, specifically, the Transportation industry.
Factsheet of Grindrod Ltd.
- Sector
- Industrials
- Industry
- Transportation
- Address
- Quadrant House, 115 Margaret Mncadi Avenue, Durban, 4001
- Telephone
- 031 304-1451
- Website
- www.grindrod.com
GND Industrial Market Competitors
Grindrod Ltd., issuers of the GND and Grindrod Ltd Pref (-5.31%) stocks on the Johannesburg Stock Exchange, have a number of market competitors who are also engaged in the Industrials sector and/or Transportation 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 |
|---|---|---|---|---|
| SPG | Super Group Ltd | 11.2B | 32.52 | +22.8% |
| TRE | Trencor Ltd | 1.15B | 6.65 | +13.7% |
| SNV | Santova Logistics Ltd | 1.12B | 8.44 | +5.63% |
| LAB | Labat Africa Ltd | 60.2M | 0.09 | -10% |
| GSH | Grindrod Shipping Hldg Ltd | 3.68B | 189.00 | -45.2% |
| NPK | Nampak Ltd | 1.84B | 208.05 | +19,905% |
| MTU | Mantengu Mining Ltd | 172M | 1.12 | +11,100% |
| PPC | PPC Limited | 4.86B | 3.13 | +43.6% |
| WBO | Wilson Bayly Hlm-Ovc Ltd | 8.8B | 123.96 | +39.9% |
| CGR | Calgro M3 Hldgs Ltd | 505M | 4.29 | +36.2% |