PROL - Proplastics Limited
Proplastics is a leading supplier of world class plastic pipe systems for water and sewer reticulation to the Zimbabwe and Southern African markets. The company was established in 1965 and has attained ISO 9001:2008, ISO 14001:2004, and OSHSAS: 18001 certifications. Proplastics is also certified to the South African Bureau of Standards (SABS), the Standards Association of Zimbabwe (SAZ) and a member of the Southern Africa Plastic Pipe Manufacturers Association (SAPPMA). Proplastics Limited's vision is to be the market leader in pipe systems solutions in Zimbabwe with a significant market share in the SADC region. Key markets are in the areas of Irrigation, Mining and Civil Engineering, Telecommunications, Building and Plumbing, and Boreholes. Proplastics operates principally from its premises in Ardbennie, Harare but has a distribution branch in Bulawayo.
Proplastics Limited is listed on the Zimbabwe Stock Exchange (ZSE). Proplastics is traded on the ZSE under the ticker symbol “PROL”. Proplastics Limited is currently the 23rd most valuable stock on the ZSE with a market capitalization of ZWL 23.8 billion, which makes about 0.655% of the Zimbabwe Stock Exchange equity market.
| Last Trading Results | |
|---|---|
| Opening Price | |
| Day’s Low Price | |
| Day’s High Price | |
| Traded Volume | 10,800 |
| Number of Deals | |
| Gross Turnover | 1.03M |
| Growth & Valuation | |
|---|---|
| Earnings Per Share | |
| Price/Earning Ratio | |
| Dividend Per Share | |
| Dividend Yield | |
| Shares Outstanding | 250M |
| Market Capitalization | 23.8B |
PROL Stock Market Performance
| 1WK | 4WK | 3MO |
|---|---|---|
| +18.7% | +48.4% | +278% |
| 6MO | 1YR | YTD |
|---|---|---|
| +313% | +152% | +188% |
The current share price of Proplastics Limited (PROL) is ZWL 95.00. PROL closed its last trading day (Monday, March 27, 2023) at 95.00 ZWL per share on the Zimbabwe Stock Exchange (ZSE). Proplastics began the year with a share price of 33.00 ZWL and has since gained 188% on that price valuation, ranking it sixth on the ZSE in terms of year-to-date performance. Shareholders can be optimistic about PROL knowing the stock has accrued 48% over the past four-week period alone—fifth best on ZSE.
Proplastics is the ninth most traded stock on the Zimbabwe Stock Exchange over the past three months (Dec 23, 2022 - Mar 27, 2023). PROL has traded a total volume of 11.2 million shares valued at ZWL 449 million over the period, with an average of 177,086 traded shares per session. A volume high of 3.81 million was achieved on January 11th for the same period. The table below details the last 10 trading days of activity of Proplastics on the Zimbabwe Stock Exchange.
| Date | Volume | Close | Change | Change% |
|---|---|---|---|---|
| 2023-03-27 | 10,800 | 95.00 | ||
| 2023-03-24 | 100 | 95.00 | ||
| 2023-03-23 | 6,100 | 95.00 | +5.6356 | +6.31% |
| 2023-03-22 | 11,800 | 89.3644 | +9.3144 | +11.64% |
| 2023-03-20 | 18,300 | 80.05 | +0.05 | +0.06% |
| 2023-03-17 | 300 | 80.00 | +5.6286 | +7.57% |
| 2023-03-16 | 70,000 | 74.3714 | ||
| 2023-03-15 | 70,000 | 74.3714 | +3.2586 | +4.58% |
| 2023-03-14 | 61,600 | 71.1128 | +1.1128 | +1.59% |
| 2023-03-13 | 2,500 | 70.00 |
Profile of Proplastics Limited
Proplastics Limited operates in the Industrials sector.
Factsheet of Proplastics Limited
- Sector
- Industrials
- Industry
- —
- Address
- 5 Spurn Road, Ardbennie, PO Box CY 1199, Causeway, Harare, Zimbabwe
- Telephone
- +263-4-621-651
- Website
- www.proplastics.co.zw
PROL Industrial Market Competitors
Proplastics Limited, issuers of the PROL 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.
| Code | Name | M. Cap. | Close | YTD |
|---|---|---|---|---|
| NPKZ | Nampak Zimbabwe Limited | 22.7B | 30.00 | +233% |
| ZIMW | Zimplow Holdings Limited | 8.7B | 36.50 | +115% |
| ARTD | Amalgamated Regional Trading | 13.7B | 29.3636 | +110% |
| WILD | Willdale Zimbabwe Limited | 6.31B | 3.50 | +94.4% |
| TSL | TSL Limited | 30.3B | 85.00 | +93.2% |
| CAFCA | Cafca Limited | 11.9B | 360.00 | +79.9% |
| TURN | Turnall Holdings Limited | 3.48B | 7.0069 | +77.5% |
| MSHL | Masimba Holdings Limited | 30.2B | 125.00 | +56.3% |
| CFI | CFI Holdings Limited | 62.4B | 588.80 | +43% |
| GBH | General Beltings Holdings Limited | 1.07B | 2.00 | +11.5% |
