MBENEFIT - Mutual Benefits Assurance
General Insurance and Life Business
Mutual Benefits Assurance is listed on the Nigerian Stock Exchange (NGX) since May 28th, 2002. Mutual Benefits is traded on the NGX under the ticker symbol “MBENEFIT”. The International Securities Identification Number (ISIN) of NGX:MBENEFIT is NGMBENEFT000. Mutual Benefits Assurance is currently the 76th most valuable stock on the NGX with a market capitalization of NGN 11.2 billion, which is about 0.02% of the Nigerian Stock Exchange equity market.
| Last Trading Results | |
|---|---|
| Opening Price | |
| Day’s Low Price | 0.56 |
| Day’s High Price | 0.56 |
| Traded Volume | 413,560 |
| Number of Deals | 18 |
| Gross Turnover | 230,673.60 |
| Growth & Valuation | |
|---|---|
| Earnings Per Share | |
| Price/Earning Ratio | |
| Dividend Per Share | |
| Dividend Yield | |
| Shares Outstanding | 20.1B |
| Market Capitalization | 11.2B |
MBENEFIT Stock Market Performance
| 1WK | 4WK | 3MO |
|---|---|---|
| +1.82% | -6.67% | -22.2% |
| 6MO | 1YR | YTD |
|---|---|---|
| +33.3% | +64.7% | +5.66% |
The current share price of Mutual Benefits Assurance (MBENEFIT) is NGN 0.56. MBENEFIT closed its last trading day (Thursday, April 25, 2024) at 0.56 NGN per share on the Nigerian Stock Exchange (NGX), recording a 1.8% gain over its previous closing price of 0.55 NGN. Mutual Benefits began the year with a share price of 0.53 NGN and has since gained 5.66% on that price valuation, ranking it 52nd on the NGX in terms of year-to-date performance. Investors should, however, take caution of MBENEFIT’s recent bad performance, having lost 7% of its value in the past four weeks.
Mutual Benefits Assurance is the 25th most traded stock on the Nigerian Stock Exchange over the past three months (Jan 23 - Apr 25, 2024). MBENEFIT has traded a total volume of 200 million shares—in 1,889 deals—valued at NGN 132 million over the period, with an average of 3.18 million traded shares per session. A volume high of 16.8 million was achieved on February 15th, and a low of 94,650 on March 18th, for the same period. The table below details the last 10 trading days of activity of Mutual Benefits Assurance on the Nigerian Stock Exchange.
| Date | Volume | Close | Change | Change% |
|---|---|---|---|---|
| 2024-04-25 | 413,560 | 0.56 | +0.01 | +1.82% |
| 2024-04-24 | 1,192,600 | 0.55 | -0.02 | -3.51% |
| 2024-04-23 | 2,162,443 | 0.57 | +0.01 | +1.79% |
| 2024-04-22 | 326,671 | 0.56 | ||
| 2024-04-19 | 2,476,572 | 0.56 | +0.01 | +1.82% |
| 2024-04-18 | 1,727,628 | 0.55 | ||
| 2024-04-17 | 1,631,055 | 0.55 | ||
| 2024-04-16 | 11,835,007 | 0.55 | -0.05 | -8.33% |
| 2024-04-15 | 433,319 | 0.60 | +0.03 | +5.26% |
| 2024-04-12 | 849,594 | 0.57 |
Profile of Mutual Benefits Assurance
Mutual Benefits Assurance operates in the Financials sector.
Factsheet of Mutual Benefits Assurance
- Sector
- Financials
- Industry
- —
- Address
- ARET ADAMS HOUSE,233, IKORODU ROAD,ILUPEJU,LAGOS
- Telephone
- 08191471029,
- info@mbaplc.com
- Website
- www.mbaplc.com
MBENEFIT Industrial Market Competitors
Mutual Benefits Assurance, issuers of the MBENEFIT stock on the Nigerian Stock Exchange, have a number of market competitors who are also engaged in the Financials sector. The table below presents an overview of the market standing of the top 10 by year-to-date performance.
| Code | Name | M. Cap. | Close | YTD |
|---|---|---|---|---|
| NEM | N.E.M. Insurance Company | 51.9B | 10.35 | +64.3% |
| VERITASKAP | Veritas Kapital Assurance Plc | 8.32B | 0.60 | +62.2% |
| UNIVINSURE | Universal Insurance Company | 5.92B | 0.37 | +42.3% |
| CORNERST | Cornerstone Insurance Company | 33.6B | 1.85 | +32.1% |
| AIICO | Aiico Insurance Plc | 36.6B | 1.00 | +25% |
| ETI | Ecobank Transnational Inc | 477B | 26.00 | +24.4% |
| WEMABANK | Wema Bank | 86.1B | 6.70 | +19.6% |
| LINKASSURE | Linkage Assurance | 13.3B | 0.95 | +18.8% |
| SUNUASSUR | Sunu Assurances Nigeria Plc | 7.55B | 1.30 | +18.2% |
| PRESTIGE | Prestige Assurance Company | 7.95B | 0.60 | +17.7% |