The Nigerian bourse posted gains Monday, Tuesday, Wednesday and Friday but recorded a loss on Thursday, with the corporate actions, developments and some technical factors during the week informing Ripples Nigeria Stocks Watch-list for this week.
We have selected a group of stocks you should watch out for this week on the basis of developments in the market last week and a number of technical factors.
Ripples Nigeria Stock Watch-list is a selection of stocks monitored for viable trading or investing opportunities. An investor may casually generate a list of equities for investment purposes. But we have taken the pain to do that based on certain parameters in order to save you that hassle.
Kindly note that Ripples Nigeria stock watch-list is not a buy, sell or hold recommendation. It is advisable to consult your financial advisor before making any investment decision.
Arbico makes our list this week by virtue of trading at its lowest price in 52 weeks. It currently sells for N1.14 per share.
Arbico’s EPS stands at N4.33 while its PE ratio is 0.26.
COURTEVILLE BUSINESS SOLUTIONS PLC
Courteville appears on our list by virtue of trading at its lowest price in 52 weeks. It currently sells for N0.20 per share, has an EPS of N0.02 and a PE Ratio of 8.07.
CUSTODIAN INVESTMENT PLC
Custodian Investment features on our list week by virtue of trading at its lowest price in 52 weeks. It currently sells for N4.80 per share, has an EPS of N1.05 and a PE Ratio of 4.57.
ECOBANK TRANSNATIONAL INCORPORATED (ETI)
ETI makes our on the basis of trading at its lowest price in 52 weeks. It currently sells for N3.90 per share. Its EPS is N0.01 while its PE ratio is 1.53.
SOVEREIGN TRUST INSURANCE PLC
Sovereign Trust Insurance appears on our list by virtue of trading at its lowest price in 52 weeks. It currently sells for N0.20 per share, has an EPS of N0.06 and a PE Ratio of 3.41.
UNIVERSITY PRESS PLC
University Press makes our list on the account of being the highest price gainer last week. Opening at N1.24, the stock closed at N1.63, appreciating by 31.45%.
BETA GLASS PLC
Beta Glass features on our list for being the highest price loser last week. Opening at N61.55, the stock closed at N55.40, depreciating by 9.99%.
Join the conversation
Support Ripples Nigeria, hold up solutions journalism
Balanced, fearless journalism driven by data comes at huge financial costs.
If you are motivated and passionate about building a global society, founded on justice, equity, fairness, transparency, accountability and superior knowledge, kindly consider donating to Ripples Nigeria’s solutions journalism.
Your support would help to ensure that citizens and institutions continue to have free access to credible and reliable information for societal development.
INVESTIGATION: Inside UNILAG’s multi-million naira budgetary abuse and academic discord
The University of Lagos located in Nigeria’s commercial capital, Lagos, has been embroiled in controversies with allegations bothering on misappropriation of...
SPECIAL REPORT: Displaced residents of Zamfara battle hunger, as underfunding derails Nigeria’s nutrition goals
On paper, Muhammad Zayyanu is seven years old. The quiet boy who looks shorter for his age could not recollect...
INVESTIGATION: N7.3bn paid for unnamed projects; how Nigerian govt spent N2.2trn in six months
Analysing nearly 3,000 payments made by various Federal Government Ministries, Departments and Agencies (MDAs) over the previous six months (January...
INVESTIGATION… Delay rocks Nigerian govt’s promise of N30,000 covid-19 relief for artisans, others
Before the outbreak of the COVID-19 pandemic in February, 2020, Chukwudi Okoroigwe’s daily earnings as a bus driver was hardly enough to cater to the...
INVESTIGATION… Ten years after, communities count losses as AfDB, Cross River govt abandon road project
Ten years after the Cross River State government and African Development Bank (AFDB) jointly awarded the Yahe-Wanokom-Wanikade-Benue border road for...