ABSA Pref's - Time to buy?Preference shares would have been out of favour recently in an interest rate hike environment, but with the possibility of further rates hikes looking more likely to at least pause in the near future, could this be the time to get involved..? A decent yield with the possibility of capital appreciati
22 ZAR
10.36 B ZAR
158.10 B ZAR
4.94 M
About ABSA BANK LTD PREF
Sector
Industry
CEO
Charles Russon
Website
Headquarters
Johannesburg
Founded
1991
ISIN
ZAE000079810
FIGI
BBG000QB5VH4
ABSA Bank Ltd. engages in the provision of retail, business, corporate, investment banking, and wealth management products and services. It operates through the following segments: Product Solutions Cluster, Everyday Banking, Relationship Banking, and Corporate and Investment Bank (CIB). The Product Solutions Cluster segment offers residential and vehicle finance solutions along with insurance products and services. The Everyday Banking segment covers the day-to-day banking services for the retail customer including the card, personal loans, and transactional and deposits. The Relationship Banking focuses on business banking services, commercial payments, and private wealth. The CIB segment provides corporate banking solutions. It is also involved in trading, sales and research activities. The company was founded in 1991 and is headquartered in Johannesburg, South Africa.
ABSA BANK LIMITED (ABSP) SHORTABSA Bank Limited (ABSP)The walls are bloody for ABSA, which clearly shows momentum to the downside on the monthly timeframe (check out my full analysis on my instagram account @heisenberg_trader), as prices are trickling down, with momentary pauses in the form of bear flag patterns. The long term t
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
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Frequently Asked Questions
The current price of ABSP is 91,702 ZAC — it has increased by 1.01% in the past 24 hours. Watch ABSA BANK LTD PREF stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on JSE exchange ABSA BANK LTD PREF stocks are traded under the ticker ABSP.
ABSP stock has risen by 17.49% compared to the previous week, the month change is a 15.51% rise, over the last year ABSA BANK LTD PREF has showed a 25.62% increase.
ABSP reached its all-time high on Apr 25, 2006 with the price of 101,500 ZAC, and its all-time low was 45,000 ZAC and was reached on Nov 4, 2020. View more price dynamics on ABSP chart.
See other stocks reaching their highest and lowest prices.
See other stocks reaching their highest and lowest prices.
ABSP stock is 4.68% volatile and has beta coefficient of 0.24. Track ABSA BANK LTD PREF stock price on the chart and check out the list of the most volatile stocks — is ABSA BANK LTD PREF there?
Today ABSA BANK LTD PREF has the market capitalization of 430.36 B, it has increased by 17.55% over the last week.
Yes, you can track ABSA BANK LTD PREF financials in yearly and quarterly reports right on TradingView.
ABSP net income for the last half-year is 7.46 B ZAR, while the previous report showed 2.90 B ZAR of net income which accounts for 157.79% change. Track more ABSA BANK LTD PREF financial stats to get the full picture.
ABSA BANK LTD PREF dividend yield was 9.27% in 2024, and payout ratio reached 368.33%. The year before the numbers were 10.86% and 519.62% correspondingly. See high-dividend stocks and find more opportunities for your portfolio.
Like other stocks, ABSP 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 ABSA BANK LTD PREF stock right from TradingView charts — choose your broker and connect to your account.
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 ABSA BANK LTD PREF technincal analysis shows the buy rating today, and its 1 week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating ABSA BANK LTD PREF stock shows the strong buy signal. See more of ABSA BANK LTD PREF 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.