Stock Market Updates

GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 934’s trading results showed consideration of $19,766,430 from 80,110 shares traded in 22 transactions as compared to session 933’s trading results which showed consideration of $49,059,750 from 403,740 shares traded in 15 transactions. The stocks active this week were DIH, DTC, BTI and RBL.

Banks DIH Limited’s (DIH) nine trades totalling 61,091 shares represented 76.26% of the total shares traded. DIH’s shares were traded at a Mean Weighted Average Price (MWAP) of $120.0, which showed no change from its previous close. DIH’s trades contributed 37.09% ($7,330,920) of the total consideration. All of DIH’s trades were at $120.0.

Demerara Tobacco Company Limited’s (DTC) single trade of 1,000 shares at $1,600.0 represented 1.25% of the total shares traded. DTC’s shares were traded at a Mean Weighted Average Price (MWAP) of $1,600.0, which showed an increase of $100.0 from its previous close of $1,500.0.  DTC’s trade contributed 8.09% ($1,600,000) of the total consideration.

Guyana Bank for Trade and Industry Limited’s (BTI) five trades totalling 5,000 shares represented 6.24% of the total shares traded. BTI’s shares were traded at a Mean Weighted Average Price (MWAP) of $800.1, which showed an increase of $0.1 from its previous close of $800.0. BTI’s trades contributed 20.24% ($4,000,535) of the total consideration. BTI’s first trade of 500 shares was at $801.0, its second trade of 350 shares was at $800.1, while its third to fifth trades totalling 4,150 shares were at $800.0.

Republic Bank (Guyana) Limited’s (RBL) seven trades totalling 13,019 shares represented 16.25% of the total shares traded. RBL’s shares were traded at a Mean Weighted Average Price (MWAP) of $525.0, which showed no change from its previous close. RBL’s trades contributed 34.58% ($6,834,975) of the total consideration. All of RBL’s trades were at $525.0.

Best bid:  The highest price that a buyer is willing to pay for a security.

Best offer: The lowest price at which a seller is offering to sell securities.

TERM OF THE WEEK

Gearing Ratio: An accounting ratio also known as the debt/equity ratio. It measures the level of debt finance a company has raised relative to its level of shareholders’ funds. It is usually defined as a debt divided by shareholders’ funds, expressed as a percentage. The higher the percentage from the calculation, the more highly geared a company is. It is possible to calculate the net gearing ratio, where cash balances are deducted from debt in the calculation.

Source: Dictionary of Financial and Securities Terms.

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Email:   info@gasci.com

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Notes

1 – Interim Results 

2 – Prospective Dividends

3 – Shows year-end EPS but Interim Dividend

4 – Shows Interim EPS but year-end Dividend

EPS: earnings per share for 12 months period to the date the latest financials have been prepared. These include:

2016 – Final results for CJL and PHI.

2020 – Final Results for GSI, HCL, JPS and RDL.

2021 – Interim Results for DIH, CCI, CBI, DBL, DDL, DTC, BTI, RBL and SPL.

As such, some of these EPS calculations are based on un-audited figures.

P/E Ratio: Price/Earnings Ratio = Last Trade Price/EPS

Dividend yield = Dividends paid in the last 12 months/last trade price.

The market information provided here is provided for informational and educational purposes only and is provided on a time-delayed basis. GASCI does not guarantee the accuracy or completeness of any information contained on this page. Although the information has been obtained by GASCI from sources believed to be reliable, it is provided on an “as is” basis without warranties of any kind. GASCI assumes no responsibility for the consequences of any errors or omissions. GASCI does not make or has not made any recommendation regarding any of the securities issued by any of the companies identified here nor the advisability of investing in securities generally for any particular individual.