Our opinion on the current state of ZEDA(ZZD)Zeda is a car rental company unbundled and spun out of Barloworld, with a fleet of 250,000 vehicles and 14 dealerships around South Africa. It holds the license for the Avis brand in South Africa. The company is 55 years old and listed on the JSE on 13th December 2022, with Ramasela Ganda as its CEO
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3 ZAR
598.97 M ZAR
10.66 B ZAR
150.51 M
About ZEDA LIMITED
Sector
Industry
CEO
Ramasela Ganda
Website
Headquarters
Kempton Park
Founded
1967
ISIN
ZAE000315768
FIGI
BBG01BQJVS80
Zeda Ltd. (South Africa) provides car rental services. Its car rental offering is broken down into several categories and sell a range of value-add products. The company was founded in 1967 and is headquartered in Kempton Park, South Africa.
ZZD.JSE Zeda Possible Inverse Head and Shoulders Pattern.Zeda is Printing a Possible Inverse Head and Shoulders Pattern which is Bullish.
By Switching to a Simple Line Chart removes the Candle Clutter to reveal the pattern.
The Chart Study should be self explanatory.
As always, please get a few outside Expert's Advice before taking Trade or Investment
Our opinion on the current state of ZZDZeda is a car rental company unbundled and spun out of Barloworld with a fleet of 250 000 vehicles and 14 dealerships around South Africa. It holds the licence for the Avis brand in South Africa. The company is 55 years old and listed on the JSE on 13th December 2022, with Ramasela Ganda as its CEO.
Our opinion on the current state of ZZDZeda is a car rental company unbundled and spun out of Barloworld with a fleet of 250 000 vehicles and 14 dealerships around South Africa. It holds the licence for the Avis brand in South Africa. The company is 55 years old and listed on the JSE on 13th December 2022, with Ramasela Ganda as its CEO.
ZEDA is Printing a IH&SZEDA is Printing an Inverse Head & Shoulder Pattern = Bullish.
After my previous Analysis, this is an update.
I've changed the chart to LINE so as to not show the Candle Clutter and make the Analysis easier to see.
Also added some Charting TIP's I use in-case you didn't know them.
Remember to use S
ZZD - Long IdeaThe stock has printed an interesting, inverted head and shoulders and its currently rising above the upsloping 20/50 ema's.
While bulls hold it above R10.90 , the bull flag is likely to play out but for a longer term horizon, a stop below R10 would be preferable. The pattern targets R16 eventually.
Zeda Resistance Breaks to the Upside.ZEDA Resistance Breaks to the Upside.
The Chart Shows the break-out.
There must be a catalyst:- I heard on the news that AVIS is also Popping.
No prediction as this early days.
I hope the trend continues for those Invested.
Comments and thoughts welcome.
Regards Graham.
See all ideas
Summarizing what the indicators are suggesting.
Neutral
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Strong sellStrong buy
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Neutral
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Neutral
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Strong sellSellNeutralBuyStrong buy
An aggregate view of professional's ratings.
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
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Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
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 ZZD is 1,017 ZAC — it has decreased by −0.39% in the past 24 hours. Watch ZEDA LIMITED stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on JSE exchange ZEDA LIMITED stocks are traded under the ticker ZZD.
ZZD stock has risen by 2.62% compared to the previous week, the month change is a −10.16% fall, over the last year ZEDA LIMITED has showed a −11.87% decrease.
We've gathered analysts' opinions on ZEDA LIMITED future price: according to them, ZZD price has a max estimate of 1,600.00 ZAC and a min estimate of 1,600.00 ZAC. Watch ZZD chart and read a more detailed ZEDA LIMITED stock forecast: see what analysts think of ZEDA LIMITED and suggest that you do with its stocks.
ZZD stock is 1.90% volatile and has beta coefficient of 0.41. Track ZEDA LIMITED stock price on the chart and check out the list of the most volatile stocks — is ZEDA LIMITED there?
Today ZEDA LIMITED has the market capitalization of 1.90 B, it has decreased by −0.97% over the last week.
Yes, you can track ZEDA LIMITED financials in yearly and quarterly reports right on TradingView.
ZEDA LIMITED is going to release the next earnings report on May 28, 2025. Keep track of upcoming events with our Earnings Calendar.
ZZD net income for the last half-year is 289.27 M ZAR, while the previous report showed 309.71 M ZAR of net income which accounts for −6.60% change. Track more ZEDA LIMITED financial stats to get the full picture.
ZEDA LIMITED dividend yield was 7.19% in 2024, and payout ratio reached 31.23%. The year before the numbers were 0.00% and 0.00% correspondingly. See high-dividend stocks and find more opportunities for your portfolio.
As of Apr 19, 2025, the company has 2 K employees. See our rating of the largest employees — is ZEDA LIMITED on this list?
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. ZEDA LIMITED EBITDA is 3.39 B ZAR, and current EBITDA margin is 31.82%. See more stats in ZEDA LIMITED financial statements.
Like other stocks, ZZD 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 ZEDA LIMITED 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 ZEDA LIMITED technincal analysis shows the strong sell today, and its 1 week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating ZEDA LIMITED stock shows the strong sell signal. See more of ZEDA LIMITED 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.