- These high-volume stocks were the most traded stocks.
- Have a look at the possible reasons for them trading high.
- Have a look at their respective market performances.
With the start of the week, a number of stocks have shown more volume than others. Several Stocks in the day’s trade were more active than others. Let’s get acquainted with the stocks that have been the most active on the NZX. Also, let’s look at the stock prices that would indicate whether there were more sells or buys among them.
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Sky Network Television Limited (NZX:SKT)
This is a pay television network situated in Auckland. It has recently announced that it had signed a multi-year deal with NBC Universal network. This shall help in a better screening of content for the users and give them a wider experience.
On May 17, Sky Network Television Limited recorded a trade volume of 4,973,015 and traded at NZ$0.173, up by 1.17% at the time of writing.
The a2 Milk Company (NZX:ATM)
This Company processes milk and related products. It has made certain organisational announcements of late. In the organisational announcements made by it, The a2 milk Company revealed that the Asia Pacific Chief Executive Officer, Peter Nathan, wished to step down from the post, after being associated with the organisation for a decade.
On May 17, The a2 Milk Company recorded a trade volume of 1,916,929 and traded at NZ$5.730, down by 4.98%, at the time of writing.
Pushpay Holdings (NZX:PPH)
This Company makes online transactions simpler through its donor management system. It has recently announced its annual results and the EBITDAF recorded is US$58.9M, up by 133%. It has earned an NPAT of US$32.1M, up by 95%, and an operating revenue of US$179.1M.
On May 17, Pushpay Holdings recorded a trade volume of 1,161,807 and traded at NZ$1.670, up by 3.09%, at the time of writing.
Kathmandu Holdings (NZX:KMD)
This Company supplies outfits and gear for outback travel. It has announced its transcript for the Annual results, which were indicative of Rip Curls’ stellar performance. The Online sales were higher by 18.5% and the net debt witnessed a decline to go down to NZ$10.1M.
On May 17, Kathmandu Holdings recorded a trade volume of 1,064,612 and traded at NZ$1.570, up by 2.61%, at the time of writing.
Goodman Property Trust (NZX:GMT)
This dual-listed Company is engaged in the development of real estate, which is industrial in nature and has business spread in 17 countries. It recently announced a statutory profit of NZ$648.9M and a 23% increase in tangible assets. It also incurred operating earnings of NZ$114.9M.
On May 17, Goodman Property Trust recorded a trade volume of 1,053,051 and traded at NZ$2.260, up by 0.44%, at the time of writing.
Z Energy Limited (NZX:ZEL)
This Company supplies fuel to huge vehicles such as trucks, aircrafts, and so on. It has recently made an announcement in its annual results that the . The total recorded fuel volume for the same was 3,086M litres.
On May 17, Z Energy Limited recorded a trade volume of 689,602 and traded at NZ$2.800 at the time of writing.