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 81st most valuable stock on the NGX with a market capitalization of NGN 5.42 billion, which is about 0.021% of the Nigerian Stock Exchange equity market.
| Last Trading Results | |
|---|---|
| Opening Price | |
| Day’s Low Price | |
| Day’s High Price | |
| Traded Volume | 21,000 |
| Number of Deals | 2 |
| Gross Turnover | 6,070.00 |
| Growth & Valuation | |
|---|---|
| Earnings Per Share | |
| Price/Earning Ratio | |
| Dividend Per Share | |
| Dividend Yield | |
| Shares Outstanding | 20.1B |
| Market Capitalization | 5.42B |
MBENEFIT Stock Market Performance
| 1WK | 4WK | 3MO |
|---|---|---|
| -6.9% | -15.6% |
| 6MO | 1YR | YTD |
|---|---|---|
| +12.5% | +8% | -18.2% |
The current share price of Mutual Benefits Assurance (MBENEFIT) is NGN 0.27. MBENEFIT closed its last trading day (Friday, November 25, 2022) at 0.27 NGN per share on the Nigerian Stock Exchange (NGX). Mutual Benefits began the year with a share price of 0.33 NGN but has since lost 18.2% off that price valuation, ranking it 125th on the NGX in terms of year-to-date performance. Shareholders’ worries are compounded by the fact that MBENEFIT has lost 7% of the stock’s value from October 28th to date.
Mutual Benefits Assurance is the 10th most traded stock on the Nigerian Stock Exchange over the past three months (Aug 29 - Nov 25, 2022). MBENEFIT has traded a total volume of 297 million shares—in 850 deals—valued at NGN 85.2 million over the period, with an average of 4.71 million traded shares per session. A volume high of 47.8 million was achieved on October 27th, and a low of 13,100 on November 8th, 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% |
|---|---|---|---|---|
| 2022-11-25 | 21,000 | 0.27 | ||
| 2022-11-24 | 1,609,358 | 0.27 | -0.01 | -3.57% |
| 2022-11-23 | 2,241,552 | 0.28 | +0.01 | +3.70% |
| 2022-11-22 | 481,000 | 0.27 | ||
| 2022-11-21 | 1,003,448 | 0.27 | ||
| 2022-11-18 | 1,767,614 | 0.27 | -0.01 | -3.57% |
| 2022-11-17 | 1,260,800 | 0.28 | +0.01 | +3.70% |
| 2022-11-16 | 483,262 | 0.27 | -0.01 | -3.57% |
| 2022-11-15 | 2,050,250 | 0.28 | ||
| 2022-11-14 | 100,000 | 0.28 |
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 |
|---|---|---|---|---|
| WEMABANK | Wema Bank | 39.5B | 3.07 | +326% |
| ABBEYBDS | Abbey Mortgage Bank Plc | 17.3B | 1.70 | +63.5% |
| FIDELITYBK | Fidelity Bank Plc | 119B | 4.10 | +60.8% |
| JAIZBANK | Jaiz Bank Plc | 30.4B | 0.88 | +57.1% |
| LIVINGTRUST | LivingTrust Mortgage Bank | 7.15B | 1.43 | +37.5% |
| UCAP | United Capital Plc | 75B | 12.50 | +26.3% |
| ETI | Ecobank Transnational Inc | 195B | 10.65 | +22.4% |
| NGXGROUP | Nigerian Exchange Group | 44.8B | 22.80 | +14.6% |
| SFSREIT | Skye Shelter Fund Plc | 1.54B | 77.00 | +13.4% |
| UBN | Union Bank Nigeria | 191B | 6.55 | +11% |