Rand Merchant Investment Holdings' equity stocks are for sale online on the Johannesburg Stock Exchange (JSE) under the stock symbol RMI.
Rand Merchant Investment Holdings has its headquarters at 3rd Floor, 2 Merchant Place, 1 Fredman Drive, Sandton 2196, South Africa.
The company currently serves clients in Southern Africa.
The current CEO of Rand Merchant Investment Holdings is Herman Bosman.
Rand Merchant Investment Holdings forms part of the Financial Services Industry and the Financials Sector of the Johannesburg Stock Exchange (JSE).
Rand Merchant Investment Holdings Stock Performance
The most recent or current price for Rand Merchant Investment Holdings stocks on the Johannesburg Stock Exchange (JSE) was 45.92 ZAR at the time of writing.
An analysis of financial data of Rand Merchant Investment Holdings showed that the company has a total market capitalisation of 70.3 Billion ZAR, with a Price/Earning ratio of 23.97 and earnings per share of 1.9160 ZAR.
The dividend per share of RMI was 0.45 ZAR and its dividend yield was 0.98 %. A total of 1.53 Billion shares were outstanding.
Rand Merchant Investment Holdings
With an increase of earnings per share and reliable profits over a period, investors who want to buy or sell Rand Merchant Investment Holdings stocks can be hopeful for lucrative dividends and earnings in times to come.
According to an analysis on the live chart of Rand Merchant Investment Holdings, analysts forecast a possible further improved performance for the financial sector with market share growing as trading volumes increase.
Highlights of Rand Merchant Investment Holdings in 2021
Rand Merchant Investment Holdings started the current financial year (2021) with a share price of 32.05 ZAR on the Johannesburg Stock Exchange (JSE), and it has gained 43.3 % in value on its price valuation, ranking 103rd on the JSE with its year-to-date performance.
Rand Merchant Investment Holdings is currently the 25th most-traded stock on the JSE and it has experienced a total trading volume of more than 218 million shares, which were finalised in 96,390 deals and were valued at a total of 8.72 billion ZAR over a recent three month period from September to December 2021, with an average of 3.46 million shares in each trading session.
During the same period a volume high of 24.1 million was achieved on October 27 and a low of 352,837 on October 11.
How to buy Rand Merchant Investment 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 Rand Merchant Investment Holdings stocks on the Johannesburg Stock Exchange (JSE), traders and investors can follow a few simple steps:
- Find the share that you want to buy, in this case, “RMI”.
- Select a forex broker that offers access to the Johannesburg Stock Exchange (JSE).
- 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.
- Open a live trading account with the broker by completing the online application form and providing the necessary documentation to verify the trading account.
- You are now ready to make your first share purchase through the broker.
- You can further start to build and diversify your portfolio by buying more shares.
