Last week, the Nigerian bourse posted losses Monday, Tuesday and Friday but reported gains on Wednesday and Thursday Friday, the development and other fundamental factors informing Ripples Nigeria Watch list.
We have selected a group of stocks you should watch out for this week on the basis of how the market fared last week.
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.
CUSTODIAN INVESTMENT PLC
Custodian Investment makes our list on the basis of trading at its lowest price in 52 weeks. It currently sells for N4.80 per share.
GUINNESS NIGERIA PLC
Guinness makes our list for trading at its lowest price in 52 weeks. It currently sells for N13.90 per share.
Its EPS is N1.18 while its PE ratio is 11.75.
SEPLAT PETROLEUM DEVELOPMENT COMPANY PLC
Seplat features on our list this week by virtue of trading at its lowest price in 52 weeks. It currently sells for N386 per share.
Its EPS is $0.21 while its PE ratio is 4.63.
Cutix makes our list for emerging the biggest gainer for last week. It opened at N1.65 and closed at N1.82, appreciating by 10.30%.
LINKAGE ASSURANCE PLC
Linkage Assurance features on our list on the basis of being the biggest loser for last week. Opening at N0.47, the stock closed at N0.40, shedding 14.89%
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