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Aspen Pharmacare Holdings (JSE: APN) | SHARE PRICE

Nigel Firth
Nigel Frith trader
Updated 2 Sep 2022

Aspen Pharmacare Holdings is a South-Africa based global specialty and branded pharmaceutical company listed on the Johannesburg Stock Exchange (JSE) that aims to improve the health of patients across the world with its high quality and affordable medicines.

Latest Aspen Pharmacare Holdings Share Price

The graph above shows the latest Aspen Pharmacare Holdings share price on the Johannesburg Stock Exchange. Investors have seen Aspen Pharmacare Holdings shares perform well historically, and it remains a steady investment. Aspen Pharmacare Holdings stock is live on the JSE under the stock symbol of APN and is available to trade via various brokers in South Africa.

What is Aspen Pharmacare Holdings

Aspen Pharmacare Holdings manufactures and sells branded and generic pharmaceutical products in two segments: commercial pharmaceuticals and manufacturing. The segment of commercial pharmaceuticals generates the majority of the company’s income.

In 2003, Aspen Pharmacare Holdings was granted licenses to create generic versions of antiretrovirals (ARV) for use in the Sub-Saharan portion of Africa. By then, Aspen Pharmacare Holdings already was the largest generic medicine distributor in South Africa, but this led to a rapid increase in distribution capabilities, mainly though integration with alliance partners.

The history of Aspen Pharmacare Holdings can be traced back to 1850 with the beginning of Lennon Limited. By 1997 Stephen Saad and Gus Attridge were two of the founding members of Aspen Healthcare (Pty) Ltd. that began trading from a converted house in Durban. In 1998 Aspen Pharmacare Holdings was listed on the JSE and in 1999 the company acquired South African Druggists, the oldest pharmaceutical business in South Africa.

Today, Aspen Pharmacare Holdings has a diversified portfolio of products and services including the following: Specialty branded pharmaceuticals, injectables, tablets, liquids, capsules, steriles, biologicals, active ingredients active pharmaceutical ingredients and nutritional products.

Aspen Pharmacare Holdings’ equity stocks are for sale online on the Johannesburg Stock Exchange (JSE) under the stock symbol APN.

Aspen Pharmacare Holdings has its headquarters at Healthcare Park, Woodlands Drive, Woodmead, Sandton, 2196, South Africa.

Aspen Pharmacare Holdings has more than 10 676 employees and the current CEO of Aspen Pharmacare Holdings is Stephen Saad.

Aspen Pharmacare Holdings forms part of the Pharmaceuticals & Biotechnology Industry and the Health Care Sector of the Johannesburg Stock Exchange (JSE).


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Aspen Pharmacare Holdings Stock Performance

The current price for Aspen Pharmacare Holdings stocks on the Johannesburg Stock Exchange (JSE) is 231.98 ZAR.

APN stocks closed a recent trading day (Friday 17 September 2021) at 236.22 ZAR per share on the Johannesburg Stock Exchange (JSE), experiencing a 2.6% gain from its previous closing price of 230.25 ZAR.

An analysis of financial data of Aspen Pharmacare Holdings showed that the company has a total market capitalisation of 108 Billion ZAR, with a Price/Earnings ratio of 19.61 and earnings per share of 12.0430 ZAR. The dividend per share of APN was 2.62 ZAR and its dividend yield was 1.11%. A total of 456 Million shares were outstanding.

With an increase of earnings per share and reliable profits over a period, investors who want to buy or sell Aspen Pharmacare Holdings stocks can be assured of lucrative dividends and earnings in times to come.

According to an analysis on the live chart of Aspen Pharmacare Holdings, analysts forecast further improved performance for the Health Care sector with market share growing as trading volumes increase.

Highlights of Aspen Pharmacare Holdings in 2021

Aspen Pharmacare Holdings started the current financial year (2021) with a share price of 125.37 ZAR on the Johannesburg Stock Exchange (JSE), and it has gained 88.4% in value on its price valuation, ranking 25th on the JSE where its year-to-date performance is concerned.

Aspen Pharmacare Holdings is currently the 79th most-traded stock on the JSE and it has experienced a total trading volume of more than 67.3 million shares, which were finalised in 269,289 deals and were valued at a total of 12.8 billion ZAR over the recent three month period from 22 June to 17 September 2021, with an average of 1.07 million shares in each trading session.

During the same period a volume high of 3.83 million was achieved on 17 September and a low of 317,995 on 24 June.

How to buy Aspen Pharmacare Holdings stocks – Step by Step

The stock market is one of the most attractive financial markets that sees millions of retail investors and traders' participating daily. To buy, sell or trade Aspen Pharmacare Holdings stocks on the Johannesburg Stock Exchange (JSE), traders and investors can follow a few simple steps:

  1. Find the share that you want to buy, in this case, “APN”.
  2. Select a forex broker that offers access to the Johannesburg Stock Exchange (JSE).
  3. Review the broker's trading conditions, fees, deposit and withdrawal methods, trading platform, customer support, regulation, and other components to ensure that they are aligned with your trading plan.
  4. Open a live trading account with the broker by completing the online application form and providing the necessary documentation to verify the trading account.
  5. You are now ready to make your first share purchase through the broker.
  6. You can further start to build and diversify your portfolio by buying more shares.

FAQs

The Johannesburg Stock Exchange (JSE) was founded in 1887 during the first South African gold rush. Today it is the principal stock exchange of South Africa and the largest exchange on the continent.

The Johannesburg Stock Exchange is located in Sandton, Johannesburg and is described as the engine room of the South African economy, with the main purpose of facilitating the raising of primary capital for listed companies while improving job opportunities and wealth creation by providing an orderly market for dealing in securities for investors.

The JSE upgraded to electronic trading in 1996, and in 2005, demutualized and listed on its own exchange.

Nigel Firth
Nigel has been in the regulated financial services industry for nearly a decade, has previously owned a financial brokerage and has written many times for sites relating to personal finance and trading.