10 stocks that topped the charts in April 2020

  • Apr 28, 2020 NZST
  • Team Kalkine
10 stocks that topped the charts in April 2020

On April 28, 2020, S&P/NZX50 ended the session in green and rose by 3.26% to 10,760. In the span of one month, the index rose by 14.38%. Gentrack Group Limited (NZX: GTK) increased by 90.79% in the span of one month and Fisher & Paykel Healthcare Corporation Limited (NZX: FPH) declined by 6.67%.

 

S&P/NZX50 Performance (Source: Thomson Reuters)

S&P/NZX50 Performance (Source: Thomson Reuters)

Let us have a look at the stocks which have performed well in the month

Gentrack Group Limited (NZX: GTK)

The company has confirmed half year EBITDA guidance in between NZ$2 million to NZ$3 million and has also confirmed its decision to withdraw full year guidance due to ongoing uncertainty related to the scale and duration of the coronavirus outbreak. The stock of GTK closed the day (April 28, 2020) at NZ$1.430 per share, down by 1.38% on an intraday basis. The company has a market capitalisation of around $141.062 million. The stock has given a total return of 90.79% in the time period of one month and has corrected 35.27% in the time period of three months.

Oceania Healthcare Limited (NZX: OCA)

According to the release dated 28th April 2020, Oceania Healthcare announced that none of its aged care centres or retirement villages have witnessed the cases of coronavirus to date. Also, the company continued to sign applications and completed sales of Care Suites throughout the lockdown period. The company will benefit from the recently announced increase in Government funding for aged residential care. The stock of OCA closed the day (April 28, 2020) at NZ$0.790 per share, reflecting a fall of 1.25% on an  intraday basis. The company has a market capitalisation of around $485.764 million. The stock has given a total return of 70.21% in the time period of one month and has corrected 38.93% in the time period of three months.

Tourism Holdings Limited (NZX: THL)

The company’s rental businesses in New Zealand, Australia and the United States are deemed as an ‘essential service’ for the purpose of providing motorhomes for COVID-19 related usage. On April 28, 2020, the stock of THL closed at $1.230 per share, up by 2.50% on an intraday basis. The company has a market capitalisation of $182.058 million. The stock has given a total return of 64.38% in the time period of one month.

Restaurant Brands New Zealand Limited (NZX: RBD)

For the first quarter of financial year, the company reported total sales of $200.1 million, an increase of $10.0 million or 5.3% on the equivalent period of the last year. Each of the operating segment (New Zealand, Australia and United States) registered same store sales growth with sales increases of +1.7%, +2.0% and +7.9%, respectively. The stock of RBD closed the day (April 28, 2020) at NZ$12.100 per share, up by 4.31% on an intraday basis. The company has a market capitalisation of $1.509 billion. The company has given a total return of 62.92% in the time period of one month and has corrected 12.12% in the time period of three months.

Sky Network Television Limited

Sky Network Television Limited (NZX: SKT) has recently made an announcement that it has appointed Keith Smith to the Board. He has been appointed to fill a casual vacancy. The stock of SKT closed the day (April 28, 2020) at $0.290 per share. The company has a market capitalisation of $126.506 million and its 52-week low and high is $0.19 and $1.30, respectively. The company has given a total return of 52.63% in the time period of one month.

Ryman Healthcare Limited (NZX: RYM)

Ryman villages and aged care centres would continue to operate as an essential service for older people. The stock of RYM closed the day (April 28, 2020) at NZ$12.700 per share, which reflects an increase of 3.25% on an intraday basis. The company has a market capitalisation of around $6.350 billion and its 52-week high and low is $17.200 and $6.610, respectively. The company has given a total return of 49.64% in the time period of one month and has corrected 25.99% in the time period of three months.

SkyCity Entertainment Group Limited (NZX: SKC)

According to release dated April 3, 2020, casinos, hotels, restaurants, bars and attractions are closed across the 5 properties in NZ and Adelaide, South Australia. The stock of SKC closed the day (April 28, 2020) at NZ$2.270 per share, up by 7.08% on an intraday basis. The company has a market capitalisation of $1.514 billion and its 52-week high and low is $4.15 and $1.14, respectively. The company has given a total return of around 45.21% in the time period of one month.

The New Zealand Refining Company Limited (NZX: NZR)

The company, on April 15, 2020, notified the market that it has commenced strategic review in order to determine optimal business model as well as capital structure for assets that would maximise “through the cycle” returns to the shareholders, as well as deliver competitive, secure fuel supply to NZ. The stock of NZR closed the day (April 28, 2020) at NZ$0.920 per share. The company has a market capitalisation of $287.570 million. The company has given a total return of around 43.75% in the time period of one month.

Air New Zealand Limited (NZX: AIR)

The company has provided monthly update for March 2020. The key highlights are given below:

 

Key Numbers (Source: Company Reports)

Key Numbers (Source: Company Reports)

The stock of AIR closed the day (April 28, 2020) at NZ$1.255 per share, up by 4.15% on an intraday basis. The company has a market capitalisation of $1.409 billion and its 52-week high and low is $3.05 and $0.80, respectively. The company has given a total return of around 42.60% in the time period of one month.

Kathmandu Holdings Limited (NZX: KMD)

Kathmandu Holdings Limited (NZX: KMD) has recently advised that it has wrapped up the retail entitlement offer component of fully underwritten 1.2 for 1 pro-rata accelerated entitlement offer of the new fully paid ordinary shares in Kathmandu. As per the release, total of NZ$207 Mn would be garnered under entitlement offer and institutional placement announced on April 1, 2020. In the span of one month, the stock rose by around 41.35%.

 


Disclaimer
The website has been prepared for informational purposes only and is not intended to be used as a complete source of information on any particular company. The above article is NOT a solicitation or recommendation to buy, sell or hold the stock of the company (or companies) under discussion. Kalkine does not in any way endorse or recommend individuals, products or services that may be discussed on this site.

 

   
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