AfroCentric Investment Corp

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AfroCentric Investment Corp (ACT) Price Performance

AfroCentric Investment Corp (ACT) trades on JSE in ZAR. The company is classified in the Healthcare sector under the Medical Care Facilities industry. The stock currently trades at ZAR72.00, down 11.11% from the previous close.

Over the past year, ACT has traded between a low of ZAR70.00 and a high of ZAR178.94. The stock has lost 54.4% over this period. It is currently 59.8% below its 52-week high.

AfroCentric Investment Corp has a market capitalization of $661.47M.

About AfroCentric Investment Corp

AfroCentric Investment Corporation Limited, an investment holding company, provides healthcare products and services to private and public sectors in South Africa and internationally. The company operates through Healthcare SA, Healthcare Retail, Healthcare Africa, and Information Technology segments. It offers health administration, health risk management, medical scheme administration, marketing and distribution, as well as specialized and technology-based products and services; HIV/AIDS management; DBC equipment and administration services to musculoskeletal treatment centres; and dental management services. The company also engages in the manufacture, distribution, marketing, and retail of medicines and pharmaceutical products under the Pharmacy Direct, Curasana, Activo Health, and Scriptpharm brand names. In addition, it provides health insurance products for individuals and organisations; occupational health programmes; administration services for a market of medical schemes, health insurers and corporate clients; wellness programmes, including health risk assessments, corporate nursing, lifestyle initiatives, executive wellness, and employee assistance programmes; chronic condition monitoring, referrals, health education and emergency services; and gap cover, a short-term insurance product that offers additional financial protection to medical aid members. The company was incorporated in 1988 and is based in Roodepoort, South Africa. AfroCentric Investment Corporation Limited is a subsidiary of Sanlam Life Insurance Limited.

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