GSH - Grindrod Shipping Hldg Ltd
Grindrod Shipping owns and operates a diversified fleet of owned and long-term and short-term chartered-in drybulk vessels and product tankers. The drybulk business, which operates under the brand âIsland View Shippingâ (âIVSâ) includes a fleet of 16 handysize drybulk carriers and 15 supramax/ultramax drybulk carriers on the water with one chartered-in ultramax drybulk carrier under construction in Japan due to be delivered between 3Q 2020 and 1Q 2021. The tanker business, which operates under the brand âUnicorn Shippingâ (âUnicornâ) includes a fleet of three medium range tankers and one small tanker. The Company is based in Singapore, with offices in London, Durban, Tokyo, Cape Town and Rotterdam. Grindrod Shipping is listed on NASDAQ under the ticker âGRINâ and on the JSE under the ticker âGSHâ.
Grindrod Shipping Holdings Ltd owns, charters in and operates a fleet of drybulk carriers and tankers. The company operates in two business namely drybulk carriers and the tanker business. The drybulk carrier's business is further...
Grindrod Shipping Hldg Ltd is listed on the Johannesburg Stock Exchange (JSE). Grindrod Shipping Hldg is traded on the JSE under the ticker symbol “GSH”. The International Securities Identification Number (ISIN) of JSE:GSH is SG9999019087. Grindrod Shipping Hldg Ltd is currently the 152nd most valuable stock on the JSE with a market capitalization of ZAR 3.6 billion, which is about 0.02% of the Johannesburg Stock Exchange equity market.
| Last Trading Results | |
|---|---|
| Opening Price | |
| Day’s Low Price | 178.00 |
| Day’s High Price | 193.88 |
| Traded Volume | 82 |
| Number of Deals | 6 |
| Gross Turnover | 15,166.58 |
| Growth & Valuation | |
|---|---|
| Earnings Per Share | 23.2930 |
| Price/Earning Ratio | 7.94 |
| Dividend Per Share | 1.11 |
| Dividend Yield | 0.6% |
| Shares Outstanding | 19.5M |
| Market Capitalization | 3.6B |
GSH Stock Market Performance
| 1WK | 4WK | 3MO |
|---|---|---|
| +12.8% | +12.8% | +8.82% |
| 6MO | 1YR | YTD |
|---|---|---|
| -11% | -55.4% | -46.4% |
The current share price of Grindrod Shipping Hldg Ltd (GSH) is ZAR 185.00. GSH closed its last trading day (Friday, September 29, 2023) at 185.00 ZAR per share on the Johannesburg Stock Exchange (JSE), recording a 2.1% drop from its previous closing price of 189.00 ZAR. Grindrod Shipping Hldg began the year with a share price of 345.00 ZAR but has since lost 46.4% off that price valuation, ranking it 374th on the JSE in terms of year-to-date performance. Shareholders’ fears may be allayed by the 13% increase of GSH share price since August 31st, which is 18th best on JSE.
Grindrod Shipping Hldg is the 357th most traded stock on the Johannesburg Stock Exchange over the past three months (Jul 3 - Sep 29, 2023). GSH has traded a total volume of 50,797 shares—in 683 deals—valued at ZAR 7.85 million over the period, with an average of 806 traded shares per session. A volume high of 6,015 was achieved on September 20th for the same period. The table below details the last 10 trading days of activity of Grindrod Shipping Hldg on the Johannesburg Stock Exchange.
| Date | Volume | Close | Change | Change% |
|---|---|---|---|---|
| 2023-09-29 | 82 | 185.00 | -4.00 | -2.12% |
| 2023-09-28 | 481 | 189.00 | +4.00 | +2.16% |
| 2023-09-27 | 679 | 185.00 | +6.01 | +3.36% |
| 2023-09-26 | 10 | 178.99 | -3.36 | -1.84% |
| 2023-09-22 | 658 | 182.35 | +18.35 | +11.19% |
| 2023-09-21 | 604 | 164.00 | +5.20 | +3.27% |
| 2023-09-20 | 6,015 | 158.80 | +4.32 | +2.80% |
| 2023-09-19 | 2,042 | 154.48 | +1.48 | +0.97% |
| 2023-09-18 | 3,409 | 153.00 | -10.96 | -6.68% |
| 2023-09-15 | 95 | 163.96 |
Profile of Grindrod Shipping Holdings Ltd.
Grindrod Shipping Holdings Ltd. operates in the Industrials sector, specifically, the Transportation industry.
Factsheet of Grindrod Shipping Holdings Ltd.
- Sector
- Industrials
- Industry
- Transportation
- Address
- 10 Anson Road, #32-15 International Plaza, Singapore, 079903
- Telephone
- 0065 6523-0048
- —
- Website
- www.grinshipping.com
GSH Industrial Market Competitors
Grindrod Shipping Holdings Ltd., issuers of the GSH stock 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 | 11.4B | 33.08 | +24.9% |
| GND | Grindrod Ltd | 8.05B | 11.53 | +15.3% |
| TRE | Trencor Ltd | 1.15B | 6.65 | +13.7% |
| SNV | Santova Logistics Ltd | 1.12B | 8.40 | +5.13% |
| GNDP | Grindrod Ltd Pref | 659M | 89.00 | -5.31% |
| LAB | Labat Africa Ltd | 53.5M | 0.08 | -20% |
| NPK | Nampak Ltd | 1.88B | 212.00 | +20,285% |
| MTU | Mantengu Mining Ltd | 172M | 1.12 | +11,100% |
| WBO | Wilson Bayly Hlm-Ovc Ltd | 8.85B | 124.67 | +40.7% |
| PPC | PPC Limited | 4.74B | 3.05 | +39.9% |