PHL - Padenga Holdings Limited

Jul 9, 2021 at 12:55 Twitter · Facebook

PHL share price on Zimbabwe Stock Exchange

Padenga Holdings Limited (Padenga) is a public company listed on the Zimbabwe Stock Exchange. In this respect it was the first listed company in Africa whose sole business is the production and sale of crocodilian skins and meat. Padenga operates three farms located on the shores of Lake Kariba in Zimbabwe, producing premium quality skins and meat for export to Europe and Asia. Today, Padenga is one of the world's leading suppliers of premium quality crocodilian skins, accounting for nearly 85% of the supply of Nile crocodile skins to high end luxury brands globally. The company's current business strategy is to focus 100% on its core business and as well seek global expansion through diversification into production of other crocodilian species.

NOTE: Shares of Padenga Holdings Limited have been delisted from the Zimbabwe Stock Exchange (ZSE) since close of trading on Friday, July 9, 2021. Padenga was traded on the ZSE under the ticker symbol “PHL”. Padenga Holdings Limited had a market capitalization of ZWL 16.7 billion.

PHL Stock Market Performance

The current share price of Padenga Holdings Limited (PHL) is ZWL 30.8761. PHL closed its last trading day (Tuesday, July 6, 2021) at 30.8761 ZWL per share on the Zimbabwe Stock Exchange (ZSE), recording a 5.1% gain over its previous closing price of 29.3720 ZWL. Padenga began the year with a share price of 23.3214 ZWL and has since gained 32.4% on that price valuation, ranking it 48th on the ZSE in terms of year-to-date performance.

Padenga Holdings is the 14th most traded stock on the Zimbabwe Stock Exchange over the past three months (Apr 7 - Jul 9, 2021). PHL has traded a total volume of 11.6 million shares valued at ZWL 353 million over the period, with an average of 197,949 traded shares per session. A volume high of 3.08 million was achieved on July 6th for the same period. The table below details the last 10 trading days of activity of Padenga on the Zimbabwe Stock Exchange.

Profile of Padenga Holdings Limited

Padenga Holdings Limited operates in the Consumer Goods sector.

PHL Industrial Market Competitors

Padenga Holdings Limited, issuers of the PHL 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