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 145th most valuable stock on the JSE with a market capitalization of ZAR 5.32 billion, which is about 0.024% of the Johannesburg Stock Exchange equity market.
| Last Trading Results | |
|---|---|
| Opening Price | |
| Day’s Low Price | 259.02 |
| Day’s High Price | 290.10 |
| Traded Volume | 4,210 |
| Number of Deals | 57 |
| Gross Turnover | 1.15M |
| Growth & Valuation | |
|---|---|
| Earnings Per Share | 77.2802 |
| Price/Earning Ratio | 3.62 |
| Dividend Per Share | 31.96 |
| Dividend Yield | 11.4% |
| Shares Outstanding | 19M |
| Market Capitalization | 5.32B |
GSH Stock Market Performance
| 1WK | 4WK | 3MO |
|---|---|---|
| +6.86% | -11% | -39.1% |
| 6MO | 1YR | YTD |
|---|---|---|
| -12.5% | +10.8% | -18.9% |
The current share price of Grindrod Shipping Hldg Ltd (GSH) is ZAR 279.97. GSH closed its last trading day (Wednesday, February 8, 2023) at 279.97 ZAR per share on the Johannesburg Stock Exchange (JSE), recording a 5.6% gain over its previous closing price of 265.00 ZAR. Grindrod Shipping Hldg began the year with a share price of 345.00 ZAR but has since lost 18.9% off that price valuation, ranking it 391st on the JSE in terms of year-to-date performance. Shareholders’ worries are compounded by the fact that GSH has lost 11% of the stock’s value from January 11th to date.
Grindrod Shipping Hldg is the 316th most traded stock on the Johannesburg Stock Exchange over the past three months (Nov 8, 2022 - Feb 8, 2023). GSH has traded a total volume of 317,091 shares—in 3,603 deals—valued at ZAR 118 million over the period, with an average of 5,033 traded shares per session. A volume high of 70,535 was achieved on December 8th, and a low of 31 on January 19th, 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% |
|---|---|---|---|---|
| 2023-02-08 | 4,210 | 279.97 | +14.97 | +5.65% |
| 2023-02-07 | 1,402 | 265.00 | -1.00 | -0.38% |
| 2023-02-06 | 213 | 266.00 | +10.00 | +3.91% |
| 2023-02-03 | 952 | 256.00 | +2.00 | +0.79% |
| 2023-02-02 | 1,065 | 254.00 | -8.00 | -3.05% |
| 2023-02-01 | 215 | 262.00 | +2.23 | +0.86% |
| 2023-01-31 | 388 | 259.77 | -0.01 | -0.00% |
| 2023-01-30 | 1,053 | 259.78 | +5.77 | +2.27% |
| 2023-01-27 | 2,087 | 254.01 | -6.00 | -2.31% |
| 2023-01-26 | 2,858 | 260.01 |
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 | 10.7B | 30.90 | +16.7% |
| OLG | Onelogix Group Ltd | 862M | 3.29 | +6.13% |
| GND | Grindrod Ltd | 7.26B | 10.40 | +4% |
| SNV | Santova Logistics Ltd | 1.11B | 8.03 | +0.5% |
| LAB | Labat Africa Ltd | 61.8M | 0.10 | |
| TRE | Trencor Ltd | 998M | 5.75 | -1.71% |
| GNDP | Grindrod Ltd Pref | 64.3B | 92.06 | -2.05% |
| PPC | PPC Limited | 4.89B | 3.15 | +44.5% |
| MIX | Mix Telematics Ltd | 3.58B | 5.90 | +24.2% |
| BIK | Brikor Limited | 143M | 0.17 | +21.4% |