Scales Corporation stock closed at NZD 6.50 on October 16, 2026, 13.33 percent below high
Published on 10/17/2026 at 18:44 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSTrading range and valuation
- The October 16, 2026 close stood 13.33 percent below the 52-week high.
- Market capitalization was NZD 952.8 million and the price-to-earnings ratio was 11.40 on October 16, 2026.
- Scales Corporation stock closed at NZD 6.50 on October 16, 2026 at 4:59 p.m. NZDT, up 0.93 percent versus the NZX close of October 15, 2026.
- T&G Global gained 0.46 percent, compared with Scales Corporation's 0.93 percent rise, on October 16, 2026.
Scales Corporation (NZSCLE0002S8) ended at NZD 6.50 on October 16, 2026, 13.33 percent below its NZD 7.50 52-week high and 16.28 percent above its NZD 5.59 low. The stock rose NZD 0.06, or 0.93 percent, from the NZD 6.44 prior close on the NZX. Scales Corporation stock closed at NZD 6.50 on October 16, 2026 at 4:59 p.m. NZDT.
Price position in the yearly range
The closing level leaves the stock closer to its annual high than its annual low. The NZD 1.00 gap to the high equals 13.33 percent of that high, while the NZD 0.91 distance from the low represents 16.28 percent of the low.
Trading volume was 161,477 shares on October 16, 2026, against an average volume of 152,927 shares. The session opened at NZD 6.40 and reached a high of NZD 6.60 before closing at NZD 6.50.
Valuation and shareholder return
Scales Corporation had a market capitalization of NZD 952.8 million and a price-to-earnings ratio of 11.40 on October 16, 2026. Its trailing dividend yield was 4.00 percent, giving the stock an income component alongside its agribusiness exposure.
The company describes its business as New Zealand agribusiness spanning food ingredients, horticulture and logistics, with operations serving international markets, according to Scales Corporation. Its investor calendar places the annual result announcement in late February and the annual shareholder meeting in mid-June.
Comparison with peers
SCL (NZX, NZD): plus 0.93 percent, P/E 11.40, market capitalization NZD 952.8 million.
T&G Global (NZX, NZD): plus 0.46 percent, P/E 21.22, market capitalization NZD 269.6 million.
The a2 Milk Company (NZX, NZD): plus 0.12 percent, P/E 27.03, market capitalization NZD 6.1 billion.
What the closing level shows
Scales Corporation's 11.40 price-to-earnings ratio is below the 21.22 recorded for T&G Global and the 27.03 reported for The a2 Milk Company on October 16, 2026. The comparison puts the stock's income yield and position in its yearly range alongside its valuation.
The closing price was NZD 6.50 on the NZX on October 16, 2026, 0.93 percent above the NZD 6.44 close of October 15, 2026.
Scales Corporation market data
- Company: Scales Corporation Limited
- ISIN: NZSCLE0002S8
- Ticker: SCL.NZ
- Primary exchange: NZX
- Closing price on October 16, 2026: NZD 6.50
- Change versus the NZX close of October 15, 2026: plus 0.93 percent
- Market capitalization: NZD 952.8 million (as of October 16, 2026)
- 52-week range: NZD 5.59-NZD 7.50 (as of October 16, 2026)
- Sector / Industry: Consumer Defensive / Packaged Foods
- Dividend yield: 4.00 percent (as of October 16, 2026)
- Price-to-earnings ratio: 11.40 (as of October 16, 2026)
Market context: Current market reports.
