AFDS - African Distillers Limited

Apr 25, 2024 at 15:59 Twitter · Facebook

AFDS share price on Zimbabwe Stock Exchange

The core business of African Distillers Limited is the manufacture, distribution and marketing of branded wines and spirits for the Zimbabwean market and export. Six depots at Bulawayo, Harare, Kwekwe, Masvingo, Mutare and Victoria Falls, ensure a first-class distribution service. These outlets are supplemented by 'Cash and Carry' operations in Bulawayo, Mutare and Harare.

African Distillers Limited is listed on the Zimbabwe Stock Exchange (ZSE). African Distillers is traded on the ZSE under the ticker symbol “AFDS”. African Distillers Limited is currently the 22nd most valuable stock on the ZSE with a market capitalization of ZiG 264 million, which is about 0.947% of the Zimbabwe Stock Exchange equity market.

AFDS Stock Market Performance

The current share price of African Distillers Limited (AFDS) is ZiG 2.25. AFDS closed its last trading day (Monday, April 22, 2024) at 2.25 ZiG per share on the Zimbabwe Stock Exchange (ZSE), recording a 2.2% gain over its previous closing price of 2.2025 ZiG. African Distillers began the year with a share price of 1.040531 ZiG and has since gained 116% on that price valuation, ranking it 33rd on the ZSE in terms of year-to-date performance. Shareholders can be optimistic about AFDS knowing the stock has accrued 18% over the past four-week period—18th best on ZSE.

African Distillers is the 26th most traded stock on the Zimbabwe Stock Exchange over the past three months (Jan 24 - Apr 25, 2024). AFDS has traded a total volume of 581,175 shares valued at ZiG 989,283 over the period, with an average of 9,225 traded shares per session. A volume high of 241,400 was achieved on March 15th for the same period. The table below details the last 10 trading days of activity of African Distillers on the Zimbabwe Stock Exchange.

Profile of African Distillers Limited

African Distillers Limited operates in the Consumer Goods sector.

AFDS Industrial Market Competitors

African Distillers Limited, issuers of the AFDS 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 nine 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