LAB - Labat Africa Ltd
Labat is a local black owned and managed Investment holding company and was founded and incorporated in 1995 by Brian van Rooyen and Victor Labat and listed on the JSE in 1999 as one of the first listed BEE companies. Labat has been a major Government contractor providing consulting and related services since 1995. Labat has since inception successfully implemented many high-profile Government assignments. Involved in the provision of quality management, business and retail services.
Labat Africa Ltd is the investment holding company, through its subsidiary, is engaged in designing and marketing of integrated circuits. The operating segments of the company are Technology, Logistics and Head Office Operations....
Labat Africa Ltd is listed on the Johannesburg Stock Exchange (JSE). Labat Africa is traded on the JSE under the ticker symbol “LAB”. The International Securities Identification Number (ISIN) of JSE:LAB is ZAE000018354. Labat Africa Ltd is currently the 383rd most valuable stock on the JSE with a market capitalization of ZAR 53.5 million, which is about 0.0003% of the Johannesburg Stock Exchange equity market.
| Last Trading Results | |
|---|---|
| Opening Price | |
| Day’s Low Price | 0.08 |
| Day’s High Price | 0.09 |
| Traded Volume | 991,186 |
| Number of Deals | 9 |
| Gross Turnover | 80,706.00 |
| Growth & Valuation | |
|---|---|
| Earnings Per Share | -0.0555 |
| Price/Earning Ratio | -1.44 |
| Dividend Per Share | |
| Dividend Yield | |
| Shares Outstanding | 669M |
| Market Capitalization | 53.5M |
LAB Stock Market Performance
| 1WK | 4WK | 3MO |
|---|---|---|
| +33.3% |
| 6MO | 1YR | YTD |
|---|---|---|
| -20% | -42.9% | -20% |
The current share price of Labat Africa Ltd (LAB) is ZAR 0.09. LAB closed its last trading day (Friday, September 22, 2023) at 0.08 ZAR per share on the Johannesburg Stock Exchange (JSE), recording a 14.3% gain over its previous closing price of 0.07 ZAR. Labat Africa began the year with a share price of 0.10 ZAR but has since lost 20% off that price valuation, ranking it 328th on the JSE in terms of year-to-date performance.
Labat Africa is the 143rd most traded stock on the Johannesburg Stock Exchange over the past three months (Jun 27 - Sep 22, 2023). LAB has traded a total volume of 14.1 million shares—in 233 deals—valued at ZAR 1.11 million over the period, with an average of 223,392 traded shares per session. A volume high of 1.89 million was achieved on September 22nd for the same period. The table below details the last 10 trading days of activity of Labat Africa on the Johannesburg Stock Exchange.
| Date | Volume | Close | Change | Change% |
|---|---|---|---|---|
| 2023-09-22 | 1,888,397 | 0.08 | +0.01 | +14.29% |
| 2023-09-21 | 7,000 | 0.07 | ||
| 2023-09-20 | 21,950 | 0.07 | ||
| 2023-09-19 | 909,994 | 0.07 | ||
| 2023-09-18 | 70,000 | 0.07 | -0.01 | -12.50% |
| 2023-09-14 | 9,000 | 0.08 | ||
| 2023-09-12 | 72,949 | 0.08 | -0.01 | -11.11% |
| 2023-09-11 | 490,100 | 0.09 | ||
| 2023-09-08 | 40,000 | 0.09 | ||
| 2023-09-05 | 80,555 | 0.09 |
Profile of Labat Africa Ltd.
Labat Africa Ltd. operates in the Industrials sector, specifically, the Transportation industry.
Factsheet of Labat Africa Ltd.
- Sector
- Industrials
- Industry
- Transportation
- Address
- 23 Kroton Avenue, Weltevreden Park, Roodepoort, 1709
- Telephone
- 011 675-6844
- info@labat.co.za
- Website
- www.labat.co.za
LAB Industrial Market Competitors
Labat Africa Ltd., issuers of the LAB 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 | 11.3B | 32.75 | +23.7% |
| TRE | Trencor Ltd | 1.15B | 6.65 | +13.7% |
| GND | Grindrod Ltd | 7.76B | 11.12 | +11.2% |
| SNV | Santova Logistics Ltd | 1.15B | 8.63 | +8.01% |
| GNDP | Grindrod Ltd Pref | 707M | 95.49 | +1.6% |
| GSH | Grindrod Shipping Hldg Ltd | 3.55B | 182.35 | -47.1% |
| NPK | Nampak Ltd | 1.98B | 222.92 | +21,335% |
| MTU | Mantengu Mining Ltd | 215M | 1.40 | +13,900% |
| WBO | Wilson Bayly Hlm-Ovc Ltd | 8.73B | 122.91 | +38.7% |
| PPC | PPC Limited | 4.66B | 3.00 | +37.6% |