MTM - Momentum Met Hldgs Ltd
Momentum Metropolitan Holdings Ltd. (MTM) is a South African based financial services group listed on the Johannesburg and Namibian Stock Exchange. MTM was formed from the merger of Metropolitan and Momentum, sizeable insurance-based financial services companies in South Africa and listed on the Johannesburg Stock Exchange on 1 December 2010.
With market capitalisation of R28.4 billion and an embedded value of R41.2 billion (to end June 2019), MTM remains one of South Africaâs larger life insurers and integrated financial services company.
MTM conducts its business through operating brands Metropolitan, Momentum, Guardrisk and Eris Properties.
Momentum Metropolitan Holdings Ltd is a South Africa-based financial services group. Its core businesses are long- and short-term insurance, asset management, investment, savings, healthcare administration, and employee benefits. Metropolitan and Momentum are the operating brands...
Momentum Met Hldgs Ltd is listed on the Johannesburg Stock Exchange (JSE). Momentum Met Hldgs is traded on the JSE under the ticker symbol “MTM”. The International Securities Identification Number (ISIN) of JSE:MTM is ZAE000269890. Momentum Met Hldgs Ltd is currently the 83rd most valuable stock on the JSE with a market capitalization of ZAR 22.3 billion, which is about 0.117% of the Johannesburg Stock Exchange equity market.
| Last Trading Results | |
|---|---|
| Opening Price | |
| Day’s Low Price | 14.41 |
| Day’s High Price | 14.98 |
| Traded Volume | 5.53M |
| Number of Deals | 1,112 |
| Gross Turnover | 82M |
| Growth & Valuation | |
|---|---|
| Earnings Per Share | 0.6640 |
| Price/Earning Ratio | 22.47 |
| Dividend Per Share | 0.50 |
| Dividend Yield | 3.35% |
| Shares Outstanding | 1.5B |
| Market Capitalization | 22.3B |
MTM Stock Market Performance
| 1WK | 4WK | 3MO |
|---|---|---|
| +0.67% | -2.16% | -14.7% |
| 6MO | 1YR | YTD |
|---|---|---|
| -19.8% | -21.9% | -21.3% |
The current share price of Momentum Met Hldgs Ltd (MTM) is ZAR 14.92. MTM closed its last trading day (Friday, June 24, 2022) at 14.92 ZAR per share on the Johannesburg Stock Exchange (JSE), recording a 2.9% gain over its previous closing price of 14.50 ZAR. Momentum Met Hldgs began the year with a share price of 18.95 ZAR but has since lost 21.3% off that price valuation, ranking it 337th on the JSE in terms of year-to-date performance.
Momentum Met Hldgs is the 10th most traded stock on the Johannesburg Stock Exchange over the past three months (Mar 23 - Jun 24, 2022). MTM has traded a total volume of 329 million shares—in 88,753 deals—valued at ZAR 5.3 billion over the period, with an average of 5.22 million traded shares per session. A volume high of 24.3 million was achieved on April 20th, and a low of 929,662 on June 6th, for the same period. The table below details the last 10 trading days of activity of Momentum Met Hldgs on the Johannesburg Stock Exchange.
| Date | Volume | Close | Change | Change% |
|---|---|---|---|---|
| 2022-06-24 | 5,527,178 | 14.92 | +0.42 | +2.90% |
| 2022-06-23 | 4,843,765 | 14.50 | +0.15 | +1.05% |
| 2022-06-22 | 5,630,072 | 14.35 | -0.36 | -2.45% |
| 2022-06-21 | 5,289,244 | 14.71 | +0.19 | +1.31% |
| 2022-06-20 | 3,515,074 | 14.52 | -0.30 | -2.02% |
| 2022-06-17 | 9,428,354 | 14.82 | -0.17 | -1.13% |
| 2022-06-15 | 5,581,824 | 14.99 | -0.01 | -0.07% |
| 2022-06-14 | 7,701,350 | 15.00 | +0.51 | +3.52% |
| 2022-06-13 | 4,877,037 | 14.49 | +0.21 | +1.47% |
| 2022-06-10 | 2,613,362 | 14.28 |
Profile of Momentum Metropolitan Holdings Ltd.
Momentum Metropolitan Holdings Ltd. operates in the Financials sector, specifically, the Insurance industry.
Factsheet of Momentum Metropolitan Holdings Ltd.
- Sector
- Financials
- Industry
- Insurance
- Address
- 268 West Avenue, Centurion, 0157
- Telephone
- 012 671-8911
MTM Industrial Market Competitors
Momentum Metropolitan Holdings Ltd., issuers of the MTM stock on the Johannesburg Stock Exchange, have a number of market competitors who are also engaged in the Financials sector and/or Insurance 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 |
|---|---|---|---|---|
| CLI | Clientele Ltd | 4.02B | 12.00 | +18.2% |
| SNT | Santam Limited | 30.5B | 265.16 | -1.43% |
| DSBP | Discovery B Preference Shares | 65B | 96.00 | -2.04% |
| DSY | Discovery Limited | 92.8B | 137.05 | -4.54% |
| SLM | Sanlam Limited | 122B | 54.94 | -7.45% |
| CND | Conduit Capital Limited | 268M | 0.35 | -56.3% |
| ATI | Afristrat Investment Holdings | 96.1M | 0.15 | +1,400% |
| ADW | African Dawn Capital Ltd | 14.6M | 0.23 | +188% |
| HCI | Hosken Consolidated Investments Ltd | 13.4B | 155.95 | +111% |
| ANI | Afine Investments Ltd | 352M | 5.50 | +41% |