NASCON - National Salt Company
Processing of Raw Salt into Edible Salt and importation of Tomato Paste
National Salt Company is listed on the Nigerian Stock Exchange (NGX) since October 20th, 1992. National Salt is traded on the NGX under the ticker symbol “NASCON”. The International Securities Identification Number (ISIN) of NGX:NASCON is NGNASCON0005. National Salt Company is currently the 45th most valuable stock on the NGX with a market capitalization of NGN 26.5 billion, which is about 0.102% of the Nigerian Stock Exchange equity market.
| Last Trading Results | |
|---|---|
| Opening Price | |
| Day’s Low Price | 10.00 |
| Day’s High Price | 10.00 |
| Traded Volume | 322,287 |
| Number of Deals | 16 |
| Gross Turnover | 3.23M |
| Growth & Valuation | |
|---|---|
| Earnings Per Share | |
| Price/Earning Ratio | |
| Dividend Per Share | |
| Dividend Yield | |
| Shares Outstanding | 2.65B |
| Market Capitalization | 26.5B |
NASCON Stock Market Performance
| 1WK | 4WK | 3MO |
|---|---|---|
| +5.26% | +5.26% | -9.09% |
| 6MO | 1YR | YTD |
|---|---|---|
| -22.2% | -29.3% | -24.2% |
The current share price of National Salt Company (NASCON) is NGN 10.00. NASCON closed its last trading day (Friday, November 25, 2022) at 10.00 NGN per share on the Nigerian Stock Exchange (NGX), recording a 3.1% gain over its previous closing price of 9.70 NGN. National Salt began the year with a share price of 13.20 NGN but has since lost 24.2% off that price valuation, ranking it 141st on the NGX in terms of year-to-date performance. Shareholders’ fears may be allayed by the 5% increase of NASCON share price since October 28th, which is 30th best on NGX.
National Salt Company is the 84th most traded stock on the Nigerian Stock Exchange over the past three months (Aug 29 - Nov 25, 2022). NASCON has traded a total volume of 6.5 million shares—in 745 deals—valued at NGN 65.8 million over the period, with an average of 103,236 traded shares per session. A volume high of 650,675 was achieved on September 21st, and a low of 2,630 on October 5th, for the same period. The table below details the last 10 trading days of activity of National Salt on the Nigerian Stock Exchange.
| Date | Volume | Close | Change | Change% |
|---|---|---|---|---|
| 2022-11-25 | 322,287 | 10.00 | +0.30 | +3.09% |
| 2022-11-24 | 9,884 | 9.70 | ||
| 2022-11-23 | 395,150 | 9.70 | +0.20 | +2.11% |
| 2022-11-22 | 183,849 | 9.50 | ||
| 2022-11-21 | 48,282 | 9.50 | ||
| 2022-11-18 | 123,020 | 9.50 | ||
| 2022-11-17 | 104,700 | 9.50 | ||
| 2022-11-16 | 149,035 | 9.50 | ||
| 2022-11-15 | 246,103 | 9.50 | ||
| 2022-11-14 | 29,460 | 9.50 |
Profile of National Salt Company
National Salt Company operates in the Consumer Goods sector.
Factsheet of National Salt Company
- Sector
- Consumer Goods
- Industry
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- Address
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- Telephone
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- Website
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NASCON Industrial Market Competitors
National Salt Company, issuers of the NASCON stock on the Nigerian Stock Exchange, have a number of market competitors who are also engaged in the Consumer Goods 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 |
|---|---|---|---|---|
| GUINNESS | Guinness Nigeria | 138B | 63.00 | +61.5% |
| PZ | PZ Cussons Nigeria | 37.7B | 9.50 | +55.7% |
| CHAMPION | Champion Breweries | 27.4B | 3.50 | +48.9% |
| BUAFOODS | BUA Foods | 1.14T | 63.40 | +44.1% |
| CADBURY | Cadbury Nigeria | 20.9B | 11.15 | +26.7% |
| PRESCO | Presco Plc | 110B | 110.00 | +25.3% |
| COURTVILLE | Courteville Business Solutions | 1.63B | 0.46 | +21.1% |
| OKOMUOIL | Okomu Oil Palm | 160B | 167.50 | +18% |
| MULTITREX | Multi-Trex Integrated Foods | 1.34B | 0.36 | |
| ENAMELWA | Nigerian Enamelware Plc | 1.23B | 16.20 |
