KRO - Karooooo Ltd

Nov 21, 2024 at 23:41 Twitter · Facebook

KRO share price on Johannesburg Stock Exchange

Karooooo Limited is a global mobility software-as-a-service (SaaS) platform that maximizes the value of automotive and workflow data by providing real-time data analytics solutions for smart transportation to over 1.3m connected vehicles. Headquartered in Singapore, Karooooo wholly owns Cartrack, whose SaaS platform provides customers with differentiated insights and data analytics to optimize their business and workforce, increase efficiency, decrease costs, improve safety, monitor environmental impact, assist with regulatory compliance and manage risk.

Cartrack serves customers in 23 countries across five continents, supporting more than a million subscribers as at January 31, 2021. Its highly scalable platform serves both large multinational enterprises and individual consumers alike, enabling it to address a large, growing and underpenetrated global market. Cartrack is a wholly-owned subsidiary of Karooooo.

Karooooo Ltd is listed on the Johannesburg Stock Exchange (JSE) since April 21st, 2021. Karooooo is traded on the JSE under the ticker symbol “KRO”. The International Securities Identification Number (ISIN) of JSE:KRO is SGXZ19450089. Karooooo Ltd is currently the 72nd most valuable stock on the JSE with a market capitalization of ZAR 21.9 billion, which is about 0.111% of the Johannesburg Stock Exchange equity market.

KRO Stock Market Performance

The current share price of Karooooo Ltd (KRO) is ZAR 708.50. KRO closed its last trading day (Thursday, November 21, 2024) at 708.50 ZAR per share on the Johannesburg Stock Exchange (JSE), recording a 0.2% drop from its previous closing price of 710.00 ZAR. Karooooo began the year with a share price of 474.99 ZAR and has since gained 49.2% on that price valuation, ranking it 41st on the JSE in terms of year-to-date performance. Shareholders can be optimistic about KRO knowing the stock has accrued 5% over the past four-week period—62nd best on JSE.

Karooooo is the 336th most traded stock on the Johannesburg Stock Exchange over the past three months (Aug 26 - Nov 21, 2024). KRO has traded a total volume of 193,387 shares—in 2,318 deals—valued at ZAR 137 million over the period, with an average of 3,070 traded shares per session. A volume high of 20,902 was achieved on September 30th, and a low of 49 on August 30th, for the same period. The table below details the last 10 trading days of activity of Karooooo on the Johannesburg Stock Exchange.

Profile of Karooooo Limited

Karooooo Limited was founded on May 19, 2018 and operates in the Technology sector, specifically, the Software & Computer Services industry. Karooooo contracts an estimated total number of 2,776 employees. The company is led by Isaias Jose Calisto (56) as its Group Chief Executive Officer. The company's board of directors, chaired by David Jamie Brown (68), is composed of five members whose names are listed below.

1. Brown, David Jamie
   Independent Non-Executive Chairman
2. Calisto, Isaias Jose
   Group Chief Executive Officer
3. Grundlingh, Morne
   Group Chief Financial Officer
4. Leong, A.
   Independent Non-Executive Director
5. Nagle, B.
   Independent Non-Executive Director

KRO Industrial Market Competitors

Karooooo Limited, issuers of the KRO stock on the Johannesburg Stock Exchange, have a number of market competitors who are also engaged in the Technology sector and/or Software & Computer Services industry. The table below presents an overview of the market standing of the top 10 by year-to-date performance.

Index of African Stock Exchanges:

1. Botswana Stock Exchange
2. BRVM Stock Exchange
3. Ghana Stock Exchange
4. Johannesburg Stock Exchange
5. Lusaka Securities Exchange
6. Malawi Stock Exchange
7. Nairobi Securities Exchange
8. Nigerian Stock Exchange
9. Uganda Securities Exchange
10. Zimbabwe Stock Exchange