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 106th most valuable stock on the JSE with a market capitalization of ZAR 10.4 billion, which is about 0.054% of the Johannesburg Stock Exchange equity market.
| Last Trading Results | |
|---|---|
| Opening Price | |
| Day’s Low Price | 14.69 |
| Day’s High Price | 14.96 |
| Traded Volume | 847,618 |
| Number of Deals | 605 |
| Gross Turnover | 12.6M |
| Growth & Valuation | |
|---|---|
| Earnings Per Share | 1.5080 |
| Price/Earning Ratio | 9.85 |
| Dividend Per Share | 0.61 |
| Dividend Yield | 4.1% |
| Shares Outstanding | 698M |
| Market Capitalization | 10.4B |
GND Stock Market Performance
| 1WK | 4WK | 3MO |
|---|---|---|
| +4.06% | -5.11% | +4.65% |
| 6MO | 1YR | YTD |
|---|---|---|
| +17.4% | +37.6% | +29.7% |
The current share price of Grindrod Ltd (GND) is ZAR 14.86. GND closed its last trading day (Monday, September 16, 2024) at 14.86 ZAR per share on the Johannesburg Stock Exchange (JSE), recording a 0.9% gain over its previous closing price of 14.73 ZAR. Grindrod began the year with a share price of 11.46 ZAR and has since gained 29.7% on that price valuation, ranking it 55th on the JSE in terms of year-to-date performance. Investors should, however, take caution of GND’s recent bad performance, having lost 5% of its value in the past four weeks.
Grindrod is the 65th most traded stock on the Johannesburg Stock Exchange over the past three months (Jun 19 - Sep 16, 2024). GND has traded a total volume of 74.8 million shares—in 40,562 deals—valued at ZAR 1.13 billion over the period, with an average of 1.19 million traded shares per session. A volume high of 4.87 million was achieved on July 2nd, and a low of 236,147 on July 29th, 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% |
|---|---|---|---|---|
| 2024-09-16 | 847,618 | 14.86 | +0.13 | +0.88% |
| 2024-09-13 | 945,505 | 14.73 | +0.02 | +0.14% |
| 2024-09-12 | 734,418 | 14.71 | -0.10 | -0.68% |
| 2024-09-11 | 3,205,543 | 14.81 | +0.20 | +1.37% |
| 2024-09-10 | 1,250,069 | 14.61 | +0.33 | +2.31% |
| 2024-09-09 | 959,771 | 14.28 | -0.28 | -1.92% |
| 2024-09-06 | 1,135,942 | 14.56 | -0.25 | -1.69% |
| 2024-09-05 | 2,454,813 | 14.81 | +0.23 | +1.58% |
| 2024-09-04 | 2,307,043 | 14.58 | +0.28 | +1.96% |
| 2024-09-03 | 1,317,401 | 14.30 |
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 (+0.85%) 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 |
|---|---|---|---|---|
| TRE | Trencor Ltd | 1.25B | 7.23 | +6.79% |
| SNV | Santova Logistics Ltd | 986M | 7.70 | +6.65% |
| SPG | Super Group Ltd | 8.27B | 24.33 | -18.2% |
| SSK | Stefanutti Stocks Holdings Ltd | 796M | 4.23 | +233% |
| NPK | Nampak Ltd | 3.71B | 438.00 | +134% |
| SEP | Sephaku Holdings Limited | 598M | 2.35 | +97.5% |
| RBX | Raubex Group Ltd | 9.65B | 53.10 | +91.6% |
| CAC | Cafca Limited | 126M | 3.78 | +90% |
| MUR | Murray & Roberts Hldgs | 1.25B | 2.81 | +88.6% |
| BEL | Bell Equipment Ltd | 3.87B | 40.50 | +76.1% |