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 78th most valuable stock on the NGX with a market capitalization of NGN 6.42 billion, which is about 0.022% of the Nigerian Stock Exchange equity market.
|Last Trading Results|
|Day’s Low Price||0.32|
|Day’s High Price||0.32|
|Number of Deals||8|
|Growth & Valuation|
|Earnings Per Share|
|Dividend Per Share|
MBENEFIT Stock Market Performance
The current share price of Mutual Benefits Assurance (MBENEFIT) is NGN 0.32. MBENEFIT closed its last trading day (Monday, March 27, 2023) at 0.32 NGN per share on the Nigerian Stock Exchange (NGX), recording a 3% drop from its previous closing price of 0.33 NGN. Mutual Benefits began the year with a share price of 0.27 NGN and has since gained 18.5% on that price valuation, ranking it 21st on the NGX in terms of year-to-date performance.
Mutual Benefits Assurance is the 19th most traded stock on the Nigerian Stock Exchange over the past three months (Dec 28, 2022 - Mar 27, 2023). MBENEFIT has traded a total volume of 170 million shares—in 978 deals—valued at NGN 55.5 million over the period, with an average of 2.7 million traded shares per session. A volume high of 11.8 million was achieved on December 30th, and a low of 27,998 on March 22nd, for the same period. The table below details the last 10 trading days of activity of Mutual Benefits Assurance on the Nigerian Stock Exchange.
Profile of Mutual Benefits Assurance
Mutual Benefits Assurance operates in the Financials sector.
Factsheet of Mutual Benefits Assurance
- ARET ADAMS HOUSE,233, IKORODU ROAD,ILUPEJU,LAGOS
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.
|INTENEGINS||International Energy Insurance||1.53B||1.19||+213%|
|LIVINGTRUST||LivingTrust Mortgage Bank||15.4B||3.07||+91.9%|
|SUNUASSUR||Sunu Assurances Nigeria Plc||2.56B||0.44||+51.7%|
|FIDELITYBK||Fidelity Bank Plc||151B||5.20||+19.5%|
|REGALINS||Regency Alliance Insurance||1.93B||0.29||+16%|
|CORNERST||Cornerstone Insurance Company||12.4B||0.68||+13.3%|
|NPFMCRFBK||NPF Microfinance Bank||11.4B||1.90||+12.4%|
|STANBIC||Stanbic IBTC Holdings||487B||37.60||+12.4%|
|NGXGROUP||Nigerian Exchange Group||55B||28.00||+11.8%|