GBZW - GetBucks Microfinance Bank Ltd

Sep 15, 2023 at 13:15 Twitter · Facebook

GBZW share price on Zimbabwe Stock Exchange

GetBucks Zimbabwe is a financial technology company that embraces technology as a means to provide financial products and services to its customers. The company commenced operations in 2012 as a credit-only microfinance institution, but has over time grown into one of the leading microfinance lenders in Zimbabwe with a current loan book of over US$11 million. GetBucks is a specialist lender to low-income earners, offering unsecured loans for which repayments are deducted at source. GetBucks Zimbabwe's vision is to become the country's microfinance brand of choice, providing products and services to those marginalized from the mainstream.

NOTE: Shares of GetBucks Microfinance Bank Ltd have been delisted from the Zimbabwe Stock Exchange (ZSE) since close of trading on Friday, September 15, 2023. GetBucks Microfinance was traded on the ZSE under the ticker symbol “GBZW”. GetBucks Microfinance Bank Ltd was the 31st most valuable stock on the ZSE with a market capitalization of ZiG 44.2 billion, which was about 0.412% of the Zimbabwe Stock Exchange equity market at the time of delisting.

GBZW Stock Market Performance

The current share price of GetBucks Microfinance Bank Ltd (GBZW) is ZiG 38.00. GBZW closed its last trading day (Tuesday, August 29, 2023) at 0.015208 ZiG per share on the Zimbabwe Stock Exchange (ZSE). GetBucks Microfinance began the year with a share price of 21.80 ZiG and has since gained 74.3% on that price valuation, ranking it 41st on the ZSE in terms of year-to-date performance. Investors should, however, take caution of GBZW’s recent poor performance, having lost 12% of its value in the past four weeks.

GetBucks Microfinance Bank is the 40th most traded stock on the Zimbabwe Stock Exchange over the past three months (Jun 15 - Sep 15, 2023). GBZW has traded a total volume of 2,300 shares valued at ZiG 92,760 over the period, with an average of 37 traded shares per session. A volume high of 600 was achieved on August 2nd for the same period. The table below details the last 10 trading days of activity of GetBucks Microfinance Bank on the Zimbabwe Stock Exchange.

Profile of GetBucks Microfinance Bank Limited

GetBucks Microfinance Bank Limited operates in the Financials sector, specifically, the Banking industry.

GBZW Industrial Market Competitors

GetBucks Microfinance Bank Limited, issuers of the GBZW stock on the Zimbabwe Stock Exchange, have a number of market competitors who are also engaged in the Financials sector and/or Banking industry. The table below presents an overview of the market standing of the top nine 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