RMI - Rand Merchant Investment Holdings
RMI is an active, listed investment holding company. Its objective is to create shareholder value over the long term, through both an attractive dividend yield and an increase in intrinsic value.
Rand Merchant Investment Holdings Ltd is a South African investment holding company with the objective of achieving superior returns for investors. The company mainly engaged in healthcare funding, wellness, and financial services industries, employee benefits,...
| Live Trading Feed | |
|---|---|
| Opening Price | |
| Day’s Low Price | 35.78 |
| Day’s High Price | 37.21 |
| Traded Volume | 2.04M |
| Number of Deals | 1,696 |
| Gross Turnover | 74.7M |
| Growth & Valuation | |
|---|---|
| Earnings Per Share | 1.9160 |
| Price/Earning Ratio | 18.78 |
| Dividend Per Share | 0.45 |
| Dividend Yield | 1.25% |
| Shares Outstanding | 1.53B |
| Market Capitalization | 55.1B |
RMI Stock Market Performance
| 1WK | 4WK | 3MO |
|---|---|---|
| +15.3% | +10.8% | +17.4% |
| 6MO | 1YR | YTD |
|---|---|---|
| +20.7% | +22.8% | +12.3% |
The current share price of Rand Merchant Investment Holdings (RMI) is ZAR 36.46. RMI closed its last trading day (Tuesday, September 21, 2021) at 35.99 ZAR per share on the Johannesburg Stock Exchange (JSE), recording a 2% gain over its previous closing price of 35.30 ZAR. Rand Merchant began the year with a share price of 32.05 ZAR and has since gained 12.3% on that price valuation, ranking it 204th on the JSE in terms of year-to-date performance. Shareholders can be optimistic about RMI knowing the stock has accrued 11% over the past four-week period—45th best on JSE.
Rand Merchant Investment Holdings is the 64th most traded stock on the Johannesburg Stock Exchange over the past three months (Jun 24 - Sep 21, 2021). RMI has traded a total volume of 83 million shares—in 60,803 deals—valued at ZAR 2.65 billion over the period, with an average of 1.32 million traded shares per session. A volume high of 7.8 million was achieved on September 20th, and a low of 434,369 on July 16th, for the same period. The table below details the last 10 trading days of activity of Rand Merchant Investment on the Johannesburg Stock Exchange.
| Date | Volume | Close | Change | Change% |
|---|---|---|---|---|
| 2021-09-21 | 3,369,269 | 35.99 | +0.69 | +1.95% |
| 2021-09-20 | 7,803,741 | 35.30 | +4.49 | +14.57% |
| 2021-09-17 | 4,605,856 | 30.81 | +0.27 | +0.88% |
| 2021-09-16 | 1,502,914 | 30.54 | -0.41 | -1.32% |
| 2021-09-15 | 1,997,872 | 30.95 | -0.27 | -0.86% |
| 2021-09-14 | 1,648,667 | 31.22 | +0.42 | +1.36% |
| 2021-09-13 | 706,313 | 30.80 | +0.18 | +0.59% |
| 2021-09-10 | 787,757 | 30.62 | +0.04 | +0.13% |
| 2021-09-09 | 888,672 | 30.58 | +0.13 | +0.43% |
| 2021-09-08 | 909,820 | 30.45 |
Profile of Rand Merchant Investment (RMI) Holdings Limited
Rand Merchant Investment (RMI) Holdings Limited operates in the Financials sector, specifically, the Financial Services industry.
| Factsheet of Rand Merchant Investment (RMI) Holdings Limited | |
|---|---|
| Sector: Financials | Industry: Financial Services |
| Address: 3rd Floor, 2 Merchant Place, 1 Fredman Drive, Sandton 2196, South Africa | |
| Telephone: +27-11-282-8000 | |
| Email: herman.bosman@rmih.co.za | Website: www.rmih.co.za |
RMI Industrial Market Competitors
Rand Merchant Investment (RMI) Holdings Limited, issuers of the RMI stock on the Johannesburg Stock Exchange, have a number of market competitors who are also engaged in the Financials sector and/or Financial Services 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 |
|---|---|---|---|---|
| PPE | Purple Group Ltd | 1.83B | 1.55 | +76.1% |
| TCP | Transaction Capital Ltd | 26.5B | 37.44 | +50.4% |
| REM | Remgro Ltd | 72.2B | 126.98 | +32% |
| L4L | Long 4 Life Limited | 3.05B | 4.29 | +30.4% |
| AEE | African Equity Emp Inv Ltd | 589M | 1.20 | +29% |
| PSG | PSG Group Limited | 16.3B | 73.00 | +21.9% |
| GPL | Grand Parade Inv Ltd | 1.39B | 2.96 | +21.3% |
| KST | PSG Konsult Limited | 14.5B | 10.90 | +21.1% |
| HCI | Hosken Consolidated Investments Ltd | 5.67B | 66.25 | +20.5% |
| ZED | Zeder Investments Limited | 4.72B | 3.06 | +17.2% |