African Stock Exchanges

PROL - Proplastics Limited

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PROL share price on Zimbabwe Stock ExchangePROL share price on Zimbabwe Stock Exchange

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 27th most valuable stock on the ZSE with a market capitalization of ZiG 101 million, which makes about 0.33% of the Zimbabwe Stock Exchange equity market.

PROL0.401522 ▴ 0.051522 (14.72%)
1 day ago
Last Trading Results
Opening Price
Day’s Low Price
Day’s High Price
Traded Volume2,300
Number of Deals
Gross Turnover923.50
Growth & Valuation
Earnings Per Share
Price/Earning Ratio
Dividend Per Share
Dividend Yield
Shares Outstanding250M
Market Capitalization101M
Monetary values are quoted in Zimbabwe Gold (ZiG) unless otherwise stated

PROL Stock Market Performance

1WK4WK3MO
-8.75%-10.7%-22.5%
6MO1YRYTD
+65.8%+130%+65%

The current share price of Proplastics Limited (PROL) is ZiG 0.401522. PROL closed its last trading day (Wednesday, June 12, 2024) at 0.401522 ZiG per share on the Zimbabwe Stock Exchange (ZSE), recording a 14.7% gain over its previous closing price of 0.35 ZiG. Proplastics began the year with a share price of 0.243324 ZiG and has since gained 65% on that price valuation, ranking it 38th on the ZSE in terms of year-to-date performance. Investors should, however, take caution of PROL’s recent poor performance, having lost 11% of its value in the past four weeks.

Proplastics is the 15th most traded stock on the Zimbabwe Stock Exchange over the past three months (Mar 12 - Jun 12, 2024). PROL has traded a total volume of 1.22 million shares valued at ZiG 553,886 over the period, with an average of 19,405 traded shares per session. A volume high of 462,600 was achieved on June 10th for the same period. The table below details the last 10 trading days of activity of Proplastics on the Zimbabwe Stock Exchange.

DateVolumeCloseChangeChange%
2024-06-122,3000.401522+0.051522+14.72%
2024-06-119000.35+0.012472+3.70%
2024-06-10462,6000.337528-0.036472-9.75%
2024-06-072000.3740-0.0660-15.00%
2024-06-054000.44
2024-05-302,4000.44
2024-05-293000.44+0.0045+1.03%
2024-05-287,8000.4355
2024-05-271,0000.4355+0.016192+3.86%
2024-05-241,3000.419308

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

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.

CodeNameM. Cap.CloseYTD
GBHGeneral Beltings Holdings Limited26.8M0.050025+421%
MSHLMasimba Holdings Limited372M1.5395+375%
CAFCACafca Limited205M6.213121+364%
NPKZNampak Zimbabwe Limited332M0.44+273%
ARTDAmalgamated Regional Trading37.3M0.08+212%
TSLTSL Limited392M1.0995+150%
WILDWilldale Zimbabwe Limited72.1M0.04+137%
TURNTurnall Holdings Limited14.6M0.0293+83%
CFICFI Holdings Limited170M1.60+83%
ZECOZeco Holdings Limited8,3400.000018+12.4%

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

Comments

  1. Bobby AxeBobby Axe
    Mar 3, 2023 03:40 GMT

    Proplastics is performing very well

  2. Bothwell GwataBothwell Gwata
    Jul 23, 2019 09:52 GMT

    I confirm Proplastics is doing very well considering the current business environment.

  3. M ShonhiwaM Shonhiwa
    Sep 14, 2017 14:13 GMT

    proplaatics and Masimba holdings are bad companies to buy shares..they are underperforming on Zse compared to other counters that are performing better

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