INN - Innscor Africa Limited

Feb 17, 2023 at 13:12 Twitter · Facebook

INN share price on Zimbabwe Stock Exchange

The principal activities of the Group include the provision of fast food services, the production and selling of biological assets and the manufacture and selling of household commodities. The divisions are as follows Fast foods (Bakers Inn, Chicken Inn, Creamy Inn, Nando's and Pizza Inn, among others) Retail and distribution (Distribution Group Africa, Innscor Credit Retail, Kodak Photo and the Spar franchised outlets); Agro-processing (Niloticus and Colcom Holdings) and Manufacturing (Bakeries, National Foods and appliance manufacturing).

NOTE: Shares of Innscor Africa Limited have been delisted from the Zimbabwe Stock Exchange (ZSE) since close of trading on Thursday, February 23, 2023. Innscor Africa was traded on the ZSE under the ticker symbol “INN”. Innscor Africa Limited was the second most valuable stock on the ZSE with a market capitalization of ZiG 460 billion, which made about 13.9% of the entire Zimbabwe Stock Exchange equity market at the time of delisting.

INN Stock Market Performance

The current share price of Innscor Africa Limited (INN) is ZiG 815.0072. INN closed its last trading day (Friday, February 17, 2023) at 0.326169 ZiG per share on the Zimbabwe Stock Exchange (ZSE). Innscor Africa began the year with a share price of 713.6672 ZiG and has since gained 14.2% on that price valuation, ranking it 31st on the ZSE in terms of year-to-date performance. Shareholders can be optimistic about INN knowing the stock has accrued 25% over the past four-week period alone—21st best on ZSE.

Innscor Africa is the seventh most traded stock on the Zimbabwe Stock Exchange over the past three months (Nov 17, 2022 - Feb 17, 2023). INN has traded a total volume of 17.2 million shares valued at ZiG 11.7 billion over the period, with an average of 273,194 traded shares per session. A volume high of 1.94 million was achieved on February 17th, and a low of 200 on November 28th, for the same period. The table below details the last 10 trading days of activity of Innscor Africa on the Zimbabwe Stock Exchange.

Profile of Innscor Africa Limited

Innscor Africa Limited operates in the Industrials sector.

INN Industrial Market Competitors

Innscor Africa Limited, issuers of the INN stock on the Zimbabwe Stock Exchange, have a number of market competitors who are also engaged in the Industrials sector. The table below presents an overview of the market standing of the top 10 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