Our opinion on the current state of ZZDZeda is a car rental company unbundled and spun out of Barloworld with a fleet of 250 000 vehicles and 14 dealerships around South Africa. It holds the licence for the Avis brand in South Africa. The company is 55 years old and listed on the JSE on 13th December 2022, with Ramasela Ganda as its CEO.
4ZAR
731.88 MZAR
9.27 BZAR
150.71 M
About ZEDA LIMITED
Sector
Industry
CEO
Ramasela Ganda
Website
Headquarters
Kempton Park
Employees (FY)
2.01 K
Founded
1967
ISIN
ZAE000315768
FIGI
BBG01BQJVS80
Zeda Ltd. (South Africa) provides car rental services. Its car rental offering is broken down into several categories and sell a range of value-add products. The company was founded in 1967 and is headquartered in Kempton Park, South Africa.
Our opinion on the current state of ZZDZeda is a car rental company unbundled and spun out of Barloworld with a fleet of 250 000 vehicles and 14 dealerships around South Africa. It holds the licence for the Avis brand in South Africa. The company is 55 years old and listed on the JSE on 13th December 2022, with Ramasela Ganda as its CEO.
ZEDA is Printing a IH&SZEDA is Printing an Inverse Head & Shoulder Pattern = Bullish.
After my previous Analysis, this is an update.
I've changed the chart to LINE so as to not show the Candle Clutter and make the Analysis easier to see.
Also added some Charting TIP's I use in-case you didn't know them.
Remember to use S
ZZD - Long IdeaThe stock has printed an interesting, inverted head and shoulders and its currently rising above the upsloping 20/50 ema's.
While bulls hold it above R10.90 , the bull flag is likely to play out but for a longer term horizon, a stop below R10 would be preferable. The pattern targets R16 eventually.
Zeda Resistance Breaks to the Upside.ZEDA Resistance Breaks to the Upside.
The Chart Shows the break-out.
There must be a catalyst:- I heard on the news that AVIS is also Popping.
No prediction as this early days.
I hope the trend continues for those Invested.
Comments and thoughts welcome.
Regards Graham.
See all ideas
Frequently Asked Questions
The current price of ZZD is 1160 ZAC — it has increased by 2.02% in the past 24 hours.
Depending on the exchange, the stock ticker may vary. For instance, on JSE exchange ZEDA LIMITED stocks are traded under the ticker ZZD.
ZZD stock is 5.36% volatile and has beta coefficient of 0.34. Check out the list of the most volatile stocks — is ZEDA LIMITED there?
Yes, you can track ZEDA LIMITED financials in yearly and quarterly reports right on TradingView.
ZZD stock has risen by 0.52% compared to the previous week, the month change is a 8.41% rise, over the last year ZEDA LIMITED has showed a 2.93% decrease.
ZZD net income for the last quarter is 359.16 M ZAR, while the quarter before that showed 372.73 M ZAR of net income which accounts for −3.64% change. Track more ZEDA LIMITED financial stats to get the full picture.
No, ZZD doesn't pay any dividends to its shareholders. But don't worry, we've prepared a list of high-dividend stocks for you.
Like other stocks, ZZD shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade ZEDA LIMITED stock right from TradingView charts — choose your broker and connect to your account.
As of Apr 25, 2024, the company has 2.01 K employees. See our rating of the largest employees — is ZEDA LIMITED on this list?
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So ZEDA LIMITED technincal analysis shows the buy rating today, and its 1 week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating ZEDA LIMITED stock shows the sell signal. See more of ZEDA LIMITED technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.
We've gathered analysts' opinions on ZEDA LIMITED future price: according to them, ZZD price has a max estimate of 2400.00 ZAC and a min estimate of 1380.00 ZAC. Read a more detailed ZEDA LIMITED forecast: see what analysts think of ZEDA LIMITED and suggest that you do with its stocks.
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. ZEDA LIMITED EBITDA is 3.33 B ZAR, and current EBITDA margin is 35.96%. See more stats in ZEDA LIMITED financial statements.