NTS - National Tyre Services Limited

Apr 25, 2024 at 15:59 Twitter · Facebook

NTS share price on Zimbabwe Stock Exchange

National Tyre Services Limited engages in the reprocessing of tyres, manufacturing of tread rubber, and rubber moulded products. The company is also a distributor of Dunlop and a sole agency for Yokohama tyres. National Tyre also engages in the supply of motor vehicle accessories, fuels and oils as well as tyre fitting and wheel alignment services.

National Tyre Services Limited is listed on the Zimbabwe Stock Exchange (ZSE). National Tyre Services is traded on the ZSE under the ticker symbol “NTS”. National Tyre Services Limited is currently the 33rd most valuable stock on the ZSE with a market capitalization of ZiG 32.5 million, which is about 0.117% of the Zimbabwe Stock Exchange equity market.

NTS Stock Market Performance

The current share price of National Tyre Services Limited (NTS) is ZiG 0.128064. NTS closed its last trading day (Thursday, April 4, 2024) at 0.128065 ZiG per share on the Zimbabwe Stock Exchange (ZSE), recording a 100% gain over its previous closing price of 0.064033 ZiG. National Tyre Services began the year with a share price of 0.019770 ZiG and has since gained 548% on that price valuation, ranking it third on the ZSE in terms of year-to-date performance. Shareholders can be optimistic about NTS knowing the stock has accrued an outstanding 100% over the past four-week period alone—third best on ZSE.

National Tyre Services is the 38th most traded stock on the Zimbabwe Stock Exchange over the past three months (Jan 24 - Apr 25, 2024). NTS has traded a total volume of 5,700 shares valued at ZiG 709 over the period, with an average of 90 traded shares per session. A volume high of 5,400 was achieved on April 4th for the same period. The table below details the last 10 trading days of activity of National Tyre Services on the Zimbabwe Stock Exchange.

Profile of National Tyre Services Limited

National Tyre Services Limited operates in the Consumer Goods sector.

NTS Industrial Market Competitors

National Tyre Services Limited, issuers of the NTS 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