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Life Healthcare Group Holdings (JSE: LHC) | Share Price

Nigel Firth
Nigel Frith trader
Updated 24 May 2024

Life Healthcare Group Holdings is a South Africa-based diversified healthcare company listed on the Johannesburg Stock Exchange (JSE) that operates 66 healthcare facilities in southern Africa.

 

What is Life Healthcare Group Holdings

Life Healthcare Group was formerly known as Afrox Healthcare and is the second largest private hospital operator in South Africa. It is also the largest black-owned hospital operator in South Africa.

The history of Life Healthcare Group Holdings can be traced back to 1983 when Afrox Healthcare Limited was founded. The name was changed to Life Healthcare Group Holdings Limited in January 2005.

Today, Life Healthcare Group Holdings has a diversified portfolio of products and services in more sectors of the Health Care value chain to provide acute hospital and complementary services, chronic mental healthcare, frail care rehabilitation, step-down care, correctional services, and primary healthcare and substance abuse recovery programmes; and life employee health solutions like on-site occupational and primary healthcare services and employee wellness programs.

Life Healthcare Group Holdings also offers diagnostics, mental health, acute rehabilitation, renal dialysis, oncology, cardiology, neurology, orthopaedic, paediatric, dermatology, ophthalmology, gynaecology, and obstetric services, diagnostic imaging services; magnetic resonance imaging and computerized tomography scanners and develops, manufactures, and distributes radiopharmaceuticals for use in positron emission tomography-computerized tomography (PET-CT) diagnostics.

Life Healthcare Group Holdings’s equity stocks are for sale online on the Johannesburg Stock Exchange (JSE) under the stock symbol LHC.

Life Healthcare Group Holdings has its headquarters at Oxford Parks, Building 2, 203 Oxford Road, Dunkeld, Johannesburg, 2196, South Africa.

Life Healthcare Group Holdings has more than 19 000 employees.

The company currently serves clients in South Africa, Canada, the United Kingdom, rest of Europe, and Internationally.

The current CEO of Life Healthcare Group Holdings is Peter Wharton-Hood.

Life Healthcare Group Holdings forms part of the Health Care sector, specifically, the Equipment & Services industry of the Johannesburg Stock Exchange (JSE).


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Life Healthcare Group Holdings

Life Healthcare Group Holdings Stock Performance

The most recent or current price for Life Healthcare Group Holdings stocks on the Johannesburg Stock Exchange (JSE) was 22.87 ZAR at the time of writing.

An analysis of financial data of Life Healthcare Group Holdings showed that the company has a total market capitalisation of 33.4 Billion ZAR, with a Price/Earnings ratio of 20.51 and earnings per share of 1.1110.

The dividend per share of LHC was 0.25 ZAR and its dividend yield was 1.1%.

A total of 1.47 Billion shares were outstanding.

With an increase of earnings per share and reliable profits over a period, investors who want to buy or sell Life Healthcare Group Holdings stocks can be hopeful for lucrative dividends and earnings in times to come.

According to an analysis on the live chart of Life Healthcare Group Holdings, analysts forecast a possible further improved performance for the Health Care sector with market share growing as trading volumes increase.

Life-Heathcare-Group-Shares

Highlights of Life Healthcare Group Holdings in 2022

Life Healthcare Group Holdings started the current financial year with a share price of 24.03 ZAR on the Johannesburg Stock Exchange (JSE), and it has lost 5.16 % in value on its price valuation, ranking 288th on the JSE with its year-to-date performance.

Life Healthcare Group Holdings is currently the 18th most-traded stock on the JSE and it has experienced a total trading volume of more than 211 million shares, which were finalised in 101,120 deals and were valued at a total of 4.94 billion ZAR over a recent three month period from October 2021 to January 2022, with an average of 3.36 million shares in each trading session.

During the same period a volume high of 18.6 million was achieved on January 12 and a low of 422,663 on December 22.

How to buy Life Healthcare Group Holdings 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 Life Healthcare Group Holdings 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, “LHC”.
  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.

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.
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