NTFD - National Foods Holdings Limited

Dec 14, 2022 at 14:23 Twitter · Facebook

NTFD share price on Zimbabwe Stock Exchange

Established in 1920, National Foods is a diversified, Zimbabwe Stock Exchange listed conglomerate, which has grown to be one of the largest manufacturers and marketers of food products in Zimbabwe and the Southern African region. When first established in 1920, the company's main focus was on milling. Today the company provides the resources, technology and manpower necessary to feed millions of people.

NOTE: Shares of National Foods Holdings Limited have been delisted from the Zimbabwe Stock Exchange (ZSE) since close of trading on Friday, December 16, 2022. National Foods was traded on the ZSE under the ticker symbol “NTFD”. National Foods Holdings Limited was the seventh most valuable stock on the ZSE with a market capitalization of ZWL 82.1 billion, which made about 3.98% of the Zimbabwe Stock Exchange equity market at the time of delisting.

NTFD Stock Market Performance

The current share price of National Foods Holdings Limited (NTFD) is ZWL 1,200.00. NTFD closed its last trading day (Tuesday, December 13, 2022) at 1,200.00 ZWL per share on the Zimbabwe Stock Exchange (ZSE), recording a 6.7% gain over its previous closing price of 1,125.05 ZWL. National Foods began the year with a share price of 1,374.5882 ZWL but has since lost 12.7% off that price valuation, ranking it 38th on the ZSE in terms of year-to-date performance. Shareholders’ fears may be allayed by the 9% increase of NTFD share price since November 16th, which is 11th best on ZSE.

National Foods Holdings is the 35th most traded stock on the Zimbabwe Stock Exchange over the past three months (Sep 19 - Dec 14, 2022). NTFD has traded a total volume of 309,600 shares valued at ZWL 333 million over the period, with an average of 4,914 traded shares per session. A volume high of 42,700 was achieved on September 27th for the same period. The table below details the last 10 trading days of activity of National Foods on the Zimbabwe Stock Exchange.

Profile of National Foods Holdings Limited

National Foods Holdings Limited operates in the Consumer Goods sector.

NTFD Industrial Market Competitors

National Foods Holdings Limited, issuers of the NTFD stock on the Zimbabwe Stock Exchange, have a number of market competitors who are also engaged in the Consumer Goods 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