MMDZ - Medtech Holdings Limited
The group engages in the manufacturing, marketing and distribution of health, hygiene, beauty and pharmaceutical products. The Company consists of Manufacturing, Trading and Services business units. Manufacturing comprises two factories engaged in the manufacture of medical disposables and plastic products. The Trading unit makes the manufactured products and trade in other medical and scientific products. MedTech Holdings Limited operates through several wholly owned subsidiaries, including MedTech Hospital Products (Private) Limited, MedTech Medical and Scientific (Private) Limited, Zvemvura Trading (Private) Limited, Vinpel Trading (Private) Limited, as well as Zimbabwe Pharmaceuticals (Private) Limited.
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MMDZ Stock Market Performance
The current share price of Medtech Holdings Limited (MMDZ) is ZWL 0.2318. MMDZ closed its last trading day (Friday, September 24, 2021) at 0.2318 ZWL per share on the Zimbabwe Stock Exchange (ZSE), recording a 10.4% gain over its previous closing price of 0.21 ZWL. Medtech began the year with a share price of 0.0790 ZWL and has since gained 193% on that price valuation, ranking it 36th on the ZSE in terms of year-to-date performance. Investors should, however, take caution of MMDZ’s recent poor performance, having lost 14% of its value in the past four weeks.
Medtech Holdings is the second most traded stock on the Zimbabwe Stock Exchange over the past three months (Jun 28 - Sep 24, 2021). MMDZ has traded a total volume of 109 million shares valued at ZWL 29.5 million over the period, with an average of 1.74 million traded shares per session. A volume high of 15 million was achieved on September 20th, and a low of 55,100 on September 2nd, for the same period. The table below details the last 10 trading days of activity of Medtech on the Zimbabwe Stock Exchange.
Profile of Medtech Holdings Limited
Medtech Holdings Limited operates in the Health Care sector.
|Factsheet of Medtech Holdings Limited|
Box 2766, Harare