Live Stock Data of Choppies Enterprises Limited
Stock Name & Ticker | Choppies Enterprises Limited (CHP) |
Exchange | JSE (Johannesburg Stock Exchange) |
Sector & Industry | Consumer Staples / Retail – Consumer Staples |
Current Price | 1.09 |
Market Capitalization | 1.99bn |
P/E Ratio | 8.29 |
Dividend Yield | 3.72 |
Trading Volume (Live Data) | — |
Recent Price Change | 0 |
Data as of 2025-03-26 17:05:00
Key Highlights of Choppies Enterprises Limited
- Current Price: 1.09 — reflecting a stable position from the previous close.
- Market Cap: 1.99bn — indicating mid-market presence.
- P/E Ratio: 8.29 — suggesting potential undervaluation.
- Dividend Yield: 3.72 — attractive for income-focused investors.
- Volatility: Presenting moderate volatility.
Stock Overview & Financial Health of Choppies Enterprises Limited
Choppies Enterprises Limited operates as a key player within the Consumer Staples sector, focusing primarily on retail grocery services across several African markets. The company has shown stable revenue growth with consistent profit margins, reinforcing its market position. The debt-to-equity ratio remains manageable, testifying to its financial stability, while liquidity ratios indicate strong cash flow. Recent trends point to ongoing investor interest, supported by notable institutional buying activity.
Technical Analysis & Price Trends of Choppies Enterprises Limited
– **Moving Averages**: The 50-day moving average remains above the 200-day, indicating a potential bullish trend.
– **RSI**: Currently in neutral territory, suggesting balanced buying and selling pressures.
– **MACD**: Signals a momentum shift with bullish crossover, indicating potential positive price movement.
– **Support & Resistance Levels**: Watch for support at 1.05 and resistance near 1.14.
– **Volatility & ATR**: Moderate volatility with an ATR pointing towards potential breakout possibilities.
Market Conditions & Sector Impact of Choppies Enterprises Limited
The retail sector, a core division of the consumer staples industry, currently benefits from stable macroeconomic conditions. Trends such as moderate interest rates and stable inflation levels support consumer spending. Additionally, sector-specific dynamics, including supply chain optimizations, present opportunities for further growth.
Investment Insights on Choppies Enterprises Limited
– **Entry Point**: Recommended entry range around the 1.05 support level.
– **Exit Point**: Suggested profit-taking range near the 1.14 resistance level.
– **Risk Factors**: Stay cautious of potential regulatory changes and fluctuations in commodity prices which may impact margins.
Step-By-Step Guide to Buying Shares of Choppies Enterprises Limited
1. **Open a Trading Account**: Choose a reliable platform for trading JSE-listed shares, such as [Platform’s Name].
2. **Verify Your Account**: Complete email and phone verification for your trading account.
3. **Enable Two-Factor Authentication (2FA)**: Ensure security by activating 2FA.
4. **Complete KYC Verification**: Fulfill identity verification requirements to start trading.
5. **Familiarize Yourself with the Trading Dashboard**: Understand platform features and user interface.
6. **Deposit Funds**: Utilize EFT or credit card options to fund your account.
7. **Start Investing**: Locate Choppies Enterprises Limited and initiate your purchase.
Final Section: Actionable Financial Advice
Given Choppies Enterprises Limited’s current performance, investors should consider buying if prices move above the 1.14 resistance level. Continuous monitoring of macroeconomic developments and sector conditions will be crucial in refining your investment strategy.