Skip to content

Discovery Limited (JSE: DSY) | SHARE PRICE

Nigel Firth
Nigel Frith trader
Updated 24 May 2024

Discovery Limited is an integrated financial services company listed on the Johannesburg Stock Exchange (JSE) that specialises in health insurance, life assurance, wellness, investments and savings products, short-term insurance and banking products.

What is Discovery Limited

Discovery Limited sells multiple insurance products and provides investment management services from reportable segments based on a combination of products and services.

The history of Discovery Limited can be traced back to 1999 when it was founded on 19 April.

Today, Discovery Limited has a diversified portfolio of products and services in more sectors of the financial value chain and renders the following services: health insurance, life assurance, wellness, investments and savings products, short-term insurance and credit card products, medical aid administration, science-based wellness programs, credit cards, and investment products.


OPEN DEMO TRADING ACCOUNT YOUR CAPITAL IS AT RISK. 76% OF RETAIL CFD ACCOUNTS LOSE MONEY
Discovery Limited

The Company's segments include Health South Africa, Life South Africa, Invest South Africa, Vitality South Africa, Health United Kingdom, Life United Kingdom and All other segments. The latter includes SA Insure, SA Bank, SA Distribution, Discovery Partner Markets, Other new business development costs, and UK, US, SA and Singapore head office costs.

Discovery Limited's equity stocks are for sale online on the Johannesburg Stock Exchange (JSE) under the stock symbol DSY.

Discovery Limited has its headquarters at 1 Discovery Place, Sandton, South Africa.

Discovery Limited has more than 8 500 employees and currently serves clients worldwide.

The current CEO of Discovery Limited is Adrian Gore.

Discovery Limited forms part of the Insurance Industry and the Financials Sector of the Johannesburg Stock Exchange (JSE).

Discovery Limited

Discovery Limited Stock Performance

The current price for Discovery Limited stocks on the Johannesburg Stock Exchange (JSE) is 135.64 ZAR.

DSY stocks closed a recent trading day (19 October 2021) at 136.39 ZAR per share on the Johannesburg Stock Exchange (JSE), experiencing a 0.4% gain from its previous closing price of 135.87 ZAR.

An analysis of financial data of Discovery Limited showed that the company has a total market capitalisation of 91.9 Billion ZAR, with a Price/Earning ratio of 30.00 and earnings per share of 4.5470 ZAR. The dividend per share of DSY was 0 ZAR and its dividend yield was 0. A total of 674 Million shares were outstanding.

With an increase of earnings per share and reliable profits over a period, investors who want to buy or sell Discovery Limited stocks can be assured of lucrative dividends and earnings in times to come.

According to an analysis on the live chart of Discovery Limited, analysts forecast further improved performance for the financial sector with market share growing as trading volumes increase.

Highlights of Discovery Limited in 2021

Discovery Limited started the current financial year (2021) with a share price of 153.54 ZAR on the Johannesburg Stock Exchange (JSE), and it has lost 11.2% in value on its price valuation, ranking 379th on the JSE where its year-to-date performance is concerned.

Discovery Limited is currently the 47th most-traded stock on the JSE and it has experienced a total trading volume of more than 113 million shares, which were finalised in 262,741 deals and were valued at a total of 14.4 billion ZAR over the recent three month period from 22 July to 17 October 2021, with an average of 1.8 million shares in each trading session.

During the same period a volume high of 4.9 million was achieved on 2 September and a low of 517,274 on 13 August.

How to buy Discovery Limited 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 Discovery Limited stocks on the Johannesburg Stock Exchange (JSE), traders and investors can follow a few simple steps:

  1. Find the share that you want to buy, in this case, “DSY”.
  2. Select a forex broker that offers access to the Johannesburg Stock Exchange (JSE).
  3. 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.
  4. Open a live trading account with the broker by completing the online application form and providing the necessary documentation to verify the trading account.
  5. You are now ready to make your first share purchase through the broker.
  6. You can further start to build and diversify your portfolio by buying more shares.

FAQs

The Johannesburg Stock Exchange (JSE) was founded in 1887 during the first South African gold rush. Today it is the principal stock exchange of South Africa and the largest exchange on the continent.

The Johannesburg Stock Exchange is located in Sandton, Johannesburg and is described as the engine room of the South African economy, with the main purpose of facilitating the raising of primary capital for listed companies while improving job opportunities and wealth creation by providing an orderly market for dealing in securities for investors.

The JSE upgraded to electronic trading in 1996, and in 2005, demutualized and listed on its own exchange.

Nigel Firth
Nigel has been in the regulated financial services industry for nearly a decade, has previously owned a financial brokerage and has written many times for sites relating to personal finance and trading.