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Truworths Int Ltd (JSE: TRU) | Share Price

Nigel Firth
Nigel Frith trader
Updated 24 May 2024

Truworths Int Ltd is an investment holding and management company listed on the Johannesburg Stock Exchange (JSE) with its main operating companies being leading retailers of fashion clothing, footwear, homeware and related merchandise. Its African brands include Truworths, Daniel Hechter, Inwear, Identity, and LTD.

What is Truworths Int Ltd

The history of Truworths Int Ltd can be traced back to 1917 when it was founded as The Alliance Trading Company.

Today, Truworths Int Ltd has a diversified portfolio of products and services in more sectors of the Consumer Services value chain and renders its services through 728 stores in South Africa, and 49 elsewhere in Africa.

Truworths International Ltd. Is listed on the JSE and the Namibian Stock Exchange and its principal trading entities, Truworths Ltd. and Office Holdings Ltd, are engaged either directly or through subsidiaries, concessions, agencies or franchises, in the cash and account retailing of fashion clothing, footwear and related merchandise.

Truworths Int Ltd’s equity stocks are for sale online on the Johannesburg Stock Exchange (JSE) under the stock symbol TRU.

Major shareholders are Public Investment Corporation SOC Ltd., Ninety One SA (Pty) Ltd., Westwood Global Investments LLC, BlackRock Inc, Abax Investments.

Truworths Int Ltd has its headquarters at No 1 Mostert Street, Cape Town, 8001.

Truworths Int Ltd has more than 11 700 employees.

The company currently serves clients in areas like South Africa and the United Kingdom, and have an emerging presence in Germany, the Republic of Ireland and certain sub-Saharan African countries.

The current CEO of Truworths Int Ltd is Michael Samuel Mark.

Truworths Int Ltd forms part of the Consumer Services sector, specifically, the General Retailers industry of the Johannesburg Stock Exchange (JSE).

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Truworths Int Ltd

Truworths Int Ltd Stock Performance

The most recent or current price for Truworths Int Ltd stocks on the Johannesburg Stock Exchange (JSE) was 56.70 ZAR at the time of writing.

An analysis of financial data of Truworths Int Ltd showed that the company has a total market capitalisation of 24.2 Billion ZAR, with a Price/Earning ratio of 10.90 and earnings per share of 5.2030.

The dividend per share of TRU was 3.50 ZAR and its dividend yield was 6.17%. A total of 427 Million shares were outstanding.

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

According to an analysis on the live chart of Truworths Int Ltd, analysts forecast a possible further improved performance for the Consumer Services sector with market share growing as trading volumes increase.

Truworths-Shares

Highlights of Truworths Int Ltd in 2021

Truworths Int Ltd started the current financial year (2021) with a share price of 52.25 ZAR on the Johannesburg Stock Exchange (JSE), and it has gained 8.52 % in value on its price valuation, ranking 42nd on the JSE with its year-to-date performance.

Truworths Int Ltd is currently the 48th most-traded stock on the JSE and it has experienced a total trading volume of more than 93.4 million shares, which were finalised in 114,195 deals and were valued at a total of 4.95 billion ZAR over a recent three month period from October 2021 to January 2022, with an average of 1.48 million shares in each trading session.

During the same period a volume high of 5.33 million was achieved on October 21 and a low of 196,389 on December 24.

How to buy Truworths Int Ltd 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 Truworths Int Ltd 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, “TRU”.
  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.

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Nigel Firth
Nigel Frith trader
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.