ASUN - African Sun Limited
Established in 1968, the Group then known as Zimbabwe Sun Limited, and part of Delta Corporation Limited has evolved significantly from being a Zimbabwe-based hospitality management company to a Pan-African entity. In Zimbabwe, African Sun is the leading player in the tourism and hospitality industry, with the Zimbabwe operations currently representing the largest business under African Sun.
African Sun Limited is listed on the Zimbabwe Stock Exchange (ZSE). African Sun is traded on the ZSE under the ticker symbol “ASUN”. African Sun Limited is currently the 10th most valuable stock on the ZSE with a market capitalization of ZWL 72.4 billion, which is about 2% of the Zimbabwe Stock Exchange equity market.
| Last Trading Results | |
|---|---|
| Opening Price | |
| Day’s Low Price | |
| Day’s High Price | |
| Traded Volume | 77,000 |
| Number of Deals | |
| Gross Turnover | 6.7M |
| Growth & Valuation | |
|---|---|
| Earnings Per Share | |
| Price/Earning Ratio | |
| Dividend Per Share | |
| Dividend Yield | |
| Shares Outstanding | 832M |
| Market Capitalization | 72.4B |
ASUN Stock Market Performance
| 1WK | 4WK | 3MO |
|---|---|---|
| -3.34% | -9.65% | +248% |
| 6MO | 1YR | YTD |
|---|---|---|
| +545% | +1,138% | +254% |
The current share price of African Sun Limited (ASUN) is ZWL 87.0615. ASUN closed its last trading day (Monday, March 27, 2023) at 87.0615 ZWL per share on the Zimbabwe Stock Exchange (ZSE), recording a 2.2% drop from its previous closing price of 89.00 ZWL. African Sun began the year with a share price of 24.5977 ZWL and has since gained 254% on that price valuation, ranking it second on the ZSE in terms of year-to-date performance. Investors should, however, take caution of ASUN’s recent bad performance, having lost 10% of its value in the past four weeks.
African Sun is the 17th most traded stock on the Zimbabwe Stock Exchange over the past three months (Dec 23, 2022 - Mar 27, 2023). ASUN has traded a total volume of 3.36 million shares valued at ZWL 224 million over the period, with an average of 53,279 traded shares per session. A volume high of 1.14 million was achieved on February 13th for the same period. The table below details the last 10 trading days of activity of African Sun on the Zimbabwe Stock Exchange.
| Date | Volume | Close | Change | Change% |
|---|---|---|---|---|
| 2023-03-27 | 77,000 | 87.0615 | -1.9385 | -2.18% |
| 2023-03-24 | 2,400 | 89.00 | -0.9368 | -1.04% |
| 2023-03-23 | 1,900 | 89.9368 | -1.3611 | -1.49% |
| 2023-03-22 | 4,700 | 91.2979 | +1.2979 | +1.44% |
| 2023-03-21 | 1,300 | 90.00 | -0.0729 | -0.08% |
| 2023-03-20 | 79,600 | 90.0729 | +0.2033 | +0.23% |
| 2023-03-17 | 6,900 | 89.8696 | -0.1304 | -0.14% |
| 2023-03-16 | 900 | 90.00 | ||
| 2023-03-15 | 900 | 90.00 | -0.4939 | -0.55% |
| 2023-03-14 | 261,200 | 90.4939 |
Profile of African Sun Limited
African Sun Limited operates in the Consumer Services sector.
Factsheet of African Sun Limited
- Sector
- Consumer Services
- Industry
- —
- Address
- Box CY1211, Causeway, Harare
- Telephone
- —
- —
- Website
- —
ASUN Industrial Market Competitors
African Sun Limited, issuers of the ASUN stock on the Zimbabwe Stock Exchange, have seven market competitors who are also engaged in the Consumer Services sector. The table below presents an overview of their market standing.
| Code | Name | M. Cap. | Close | YTD |
|---|---|---|---|---|
| MEIK | Meikles Limited | 81.4B | 315.00 | +181% |
| ZIMP | Zimbabwe Newspapers Limited | 3.37B | 6.00 | +149% |
| OKZ | OK Zimbabwe Limited | 86.2B | 69.0379 | +114% |
| EDGR | Edgars Stores Limited | 11.9B | 20.0146 | +111% |
| RTG | Rainbow Tourism Group Limited | 32.5B | 13.00 | +46.6% |
| UNIF | Unifreight Africa Limited | 7.58B | 70.00 | +35.5% |
| TRUW | Truworths Limited | 946M | 2.4643 | -10.4% |
