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.
| Last Trading Results | |
|---|---|
| Opening Price | |
| Day’s Low Price | 4.45 |
| Day’s High Price | 4.76 |
| Traded Volume | 1.32M |
| Number of Deals | 63 |
| Gross Turnover | 5.94M |
| Growth & Valuation | |
|---|---|
| Earnings Per Share | -0.2480 |
| Price/Earning Ratio | -17.94 |
| Dividend Per Share | 0.14 |
| Dividend Yield | 3.15% |
| Shares Outstanding | 698M |
| Market Capitalization | 3.11B |
GND Stock Market Performance
| 1WK | 4WK | 3MO |
|---|---|---|
| -5.12% | -5.32% | -4.91% |
| 6MO | 1YR | YTD |
|---|---|---|
| -9.92% | +23.6% | -11.9% |
The current share price of Grindrod Ltd (GND) is ZAR 4.45. GND closed its last trading day (Friday, July 30, 2021) at 4.45 ZAR per share on the Johannesburg Stock Exchange (JSE), recording a 5.3% drop from its previous closing price of 4.70 ZAR. Grindrod began the year with a share price of 5.05 ZAR but has since lost 11.9% off that price valuation, ranking it 379th on the JSE in terms of year-to-date performance. Shareholders’ worries are compounded by the fact that GND has lost 5% of the stock’s value from July 2nd to date.
Grindrod is the 118th most traded stock on the Johannesburg Stock Exchange over the past three months (May 4 - Jul 30, 2021). GND has traded a total volume of 35.2 million shares—in 10,033 deals—valued at ZAR 166 million over the period, with an average of 559,070 traded shares per session. A volume high of 5.32 million was achieved on July 12th, and a low of 69,905 on July 7th, 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% |
|---|---|---|---|---|
| 2021-07-30 | 1,320,455 | 4.45 | -0.25 | -5.32% |
| 2021-07-29 | 588,726 | 4.70 | +0.02 | +0.43% |
| 2021-07-28 | 608,125 | 4.68 | +0.02 | +0.43% |
| 2021-07-27 | 266,580 | 4.66 | -0.14 | -2.92% |
| 2021-07-26 | 471,341 | 4.80 | +0.11 | +2.35% |
| 2021-07-23 | 208,693 | 4.69 | ||
| 2021-07-22 | 284,525 | 4.69 | -0.01 | -0.21% |
| 2021-07-21 | 269,484 | 4.70 | +0.03 | +0.64% |
| 2021-07-20 | 240,682 | 4.67 | -0.01 | -0.21% |
| 2021-07-19 | 305,239 | 4.68 |
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 | |
| Email: investorrelations@grindrod.com | Website: www.grindrod.com |
GND Industrial Market Competitors
Grindrod Ltd., issuers of the GND and Grindrod Ltd Pref (+9.76%) 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 |
|---|---|---|---|---|
| GSH | Grindrod Shipping Hldg Ltd | 2.83B | 146.30 | +180% |
| IPL | Imperial Logistics Ltd | 12.4B | 61.10 | +63.6% |
| SPG | Super Group Ltd | 11.8B | 31.82 | +35.9% |
| SNV | Santova Logistics Ltd | 502M | 3.56 | +27.1% |
| TRE | Trencor Ltd | 722M | 4.16 | +3.48% |
| OLG | Onelogix Group Ltd | 600M | 2.29 | -0.43% |
| LAB | Labat Africa Ltd | 124M | 0.28 | -34.9% |
| NVS | Novus Holdings Limited | 1.01B | 2.90 | +254% |
| BIK | Brikor Limited | 386M | 0.46 | +207% |
| PPC | PPC Limited | 5.81B | 3.65 | +164% |