GSPECPLC - Global Spectrum Energy Plc

Apr 11, 2023 at 15:00 Twitter · Facebook

GSPECPLC share price on Nigerian Stock Exchange

Global Spectrum Energy Services Plc, is an oil and gas offshore support vessel services company involved in many of the sector's key producing areas in West Africa. Incorporated in 2006, the company's range of services covers complimentary maritime security, logistics, energy, and engineering services. Registered as an oil, gas, and marine services company with all of the major OICs in Nigeria (Total, Mobil, Chevron, SPDC, Agip & Addax), and being the local supplier of Aegean marine lubricants in Nigeria, the company's client base include Total, Mobil, SAPETRO, S.P.D.C, Exxon Mobil and Addax. Global Spectrum Energy Services's main product lines are offshore supply vessels, security patrol vessels, lubricants sales and distribution, maritime security and protection services, ROV diving services, subsea installation and construction, and seafarers training and development.

NOTE: Shares of Global Spectrum Energy Plc have been delisted from the Nigerian Stock Exchange (NGX) since close of trading on Tuesday, April 11, 2023. Global Spectrum Energy was traded on the NGX under the ticker symbol “GSPECPLC”. The International Securities Identification Number (ISIN) of NGX:GSPECPLC was NGGSPECPLC08. Global Spectrum Energy Plc was the 110th most valuable stock on the NGX with a market capitalization of NGN 1.98 billion, which made about 0.007% of the Nigerian Stock Exchange equity market at the time of delisting.

GSPECPLC Stock Market Performance

The current share price of Global Spectrum Energy Plc (GSPECPLC) is NGN 2.48. GSPECPLC closed its last trading day (Thursday, March 23, 2023) at 2.48 NGN per share on the Nigerian Stock Exchange (NGX).

Global Spectrum Energy is the 132nd most traded stock on the Nigerian Stock Exchange over the past three months (Jan 11 - Apr 11, 2023). GSPECPLC has traded a total volume of 6,405 shares—in 15 deals—valued at NGN 15,096 over the period, with an average of 102 traded shares per session. A volume high of 1,785 was achieved on March 22nd for the same period. The table below details the last 10 trading days of activity of Global Spectrum Energy on the Nigerian Stock Exchange.

Profile of Global Spectrum Energy Services Plc

Global Spectrum Energy Services Plc was founded on January 1, 2006 and operates in the Oil & Gas sector, specifically, the Integrated Oil & Gas industry.

GSPECPLC Industrial Market Competitors

Global Spectrum Energy Services Plc, issuers of the GSPECPLC stock on the Nigerian Stock Exchange, have a number of market competitors who are also engaged in the Oil & Gas sector and/or Integrated Oil & Gas industry. The table below presents an overview of the market standing of the top eight by year-to-date performance.

Index of African Stock Exchanges:

1. Botswana Stock Exchange
2. BRVM Stock Exchange
3. Ghana Stock Exchange
4. Johannesburg Stock Exchange
5. Lusaka Securities Exchange
6. Malawi Stock Exchange
7. Nairobi Securities Exchange
8. Nigerian Stock Exchange
9. Uganda Securities Exchange
10. Zimbabwe Stock Exchange