The history of Shoprite Holdings Ltd can be traced back to 1979 when it was founded. Today, Shoprite Holdings Ltd has a diversified portfolio of products and services in more sectors of the consumer service value chain and renders the following services: a comprehensive range of food, household products, furniture, pharmaceuticals and services has resulted in its stores becoming one-stop-shopping destinations where consumers can enjoy the lowest prices, value for money and convenience all under one roof.
Shoprite Holdings Ltd's equity stocks are for sale online on the Johannesburg Stock Exchange (JSE) under the stock symbol SHP.
Shoprite Holdings Ltd has its headquarters at Cnr William Dabs and Old Paarl Road, Brackenfell, 7560.
The company currently serves clients in countries across Africa and the Indian Ocean Islands.
The current CEO of Shoprite Holdings Ltd is Pieter Engelbrecht.
Shoprite Holdings Ltd forms part of the Food & Drug Retailers Industry and the Consumer Services Sector of the Johannesburg Stock Exchange (JSE).
Shoprite Holdings Ltd Stock Performance
The most recent or current price for Shoprite Holdings Ltd stocks on the Johannesburg Stock Exchange (JSE) was 205.12 aZAR at the time of writing.
An analysis of financial data of Shoprite Holdings Ltd showed that the company has a total market capitalisation of 121 Billion ZAR, with a Price/Earning ratio of 21.45 and earnings per share of 9.5630 ZAR.
The dividend per share of SHP was 5.44 ZAR and its dividend yield was 2.65 %. A total of 591 Million shares were outstanding.
With an increase of earnings per share and reliable profits over a period, investors who want to buy or sell Shoprite Holdings Ltd stocks can be hopeful for lucrative dividends and earnings in times to come.
According to an analysis on the live chart of Shoprite Holdings Ltd, analysts forecast a possible further improved performance for the consumer service sector with market share growing as trading volumes increase.
Highlights of Shoprite Holdings Ltd in 2021
Shoprite Holdings Ltd started the current financial year (2021) with a share price of 140.00 ZAR on the Johannesburg Stock Exchange (JSE), and it has gained 46.5 % in value on its price valuation, ranking 99th on the JSE with its year-to-date performance.
Shoprite Holdings Ltd is currently the 49th most-traded stock on the JSE and it has experienced a total trading volume of more than 106 million shares, which were finalised in 332,361 deals and were valued at a total of 19.8 billion ZAR over a recent three month period from September to December 2021, with an average of 1.68 million shares in each trading session.
During the same period a volume high of 5.79 million was achieved on September 16 and a low of 521,875 on October 22.
How to buy Shoprite Holdings Ltd 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 Shoprite Holdings Ltd 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, “SHP”.
- 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.
