JAKARTA. The stock price of PT Zebra Nusantara Tbk (ZBRA) has recorded a 497% surge, reaching an almost fivefold increase to IDR 406 per share by the end of today’s stock trading time. The stock’s initial price, recorded on March 1, 2021, was IDR 68 per share.
According to idnfinancials.com data, the volume of the stock traded was up to 77.27 million shares with a total value of IDR 32.83 billion. Furthermore, this transportation provider company’s stock trading frequency hit 12.185 times.
ZBRA recently secured a new controlling shareholder, PT Trinity Healthcare (THC). This change took effect following the THC’s acquisition of 51% of ZBRA’s share, which was previously owned by PT Infiniti Wahana.
For further details, by the end of February 2021, the Indonesia Stock Exchange (IDX) released a list of 32 companies with negative equities based on its latest financial report. One of the companies listed was ZBRA.
In its official financial report, ZBRA management has addressed the company’s equity status, which suffered from an IDR 8.99 billion deficit by September 30, 2020. It didn’t only happen once, as ZBRA’s equity also recorded a deficit of IDR 9.09 billion during 2019. (KR/ZH)