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 26th most valuable stock on the NGX with a market capitalization of NGN 138 billion, which is about 0.379% of the Nigerian Stock Exchange equity market.
| Last Trading Results | |
|---|---|
| Opening Price | |
| Day’s Low Price | |
| Day’s High Price | |
| Traded Volume | 169,554 |
| Number of Deals | 20 |
| Gross Turnover | 8.36M |
| Growth & Valuation | |
|---|---|
| Earnings Per Share | |
| Price/Earning Ratio | |
| Dividend Per Share | |
| Dividend Yield | |
| Shares Outstanding | 2.65B |
| Market Capitalization | 138B |
NASCON Stock Market Performance
| 1WK | 4WK | 3MO |
|---|---|---|
| +1.36% | -7.23% | +161% |
| 6MO | 1YR | YTD |
|---|---|---|
| +326% | +373% | +368% |
The current share price of National Salt Company (NASCON) is NGN 52.00. NASCON closed its last trading day (Thursday, September 28, 2023) at 52.00 NGN per share on the Nigerian Stock Exchange (NGX). National Salt began the year with a share price of 11.10 NGN and has since gained 368% on that price valuation, ranking it eighth on the NGX in terms of year-to-date performance. Investors should, however, take caution of NASCON’s recent bad performance, having lost 7% of its value in the past four weeks.
National Salt Company is the 31st most traded stock on the Nigerian Stock Exchange over the past three months (Jul 3 - Sep 28, 2023). NASCON has traded a total volume of 185 million shares—in 7,221 deals—valued at NGN 8.43 billion over the period, with an average of 2.94 million traded shares per session. A volume high of 15 million was achieved on September 4th, and a low of 199,338 on August 7th, 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% |
|---|---|---|---|---|
| 2023-09-28 | 398,864 | 52.00 | ||
| 2023-09-26 | 4,381,541 | 52.00 | ||
| 2023-09-25 | 293,160 | 52.00 | ||
| 2023-09-22 | 1,087,626 | 52.00 | +0.70 | +1.36% |
| 2023-09-21 | 708,330 | 51.30 | ||
| 2023-09-20 | 1,790,293 | 51.30 | -0.60 | -1.16% |
| 2023-09-19 | 481,364 | 51.90 | ||
| 2023-09-18 | 1,362,297 | 51.90 | +0.10 | +0.19% |
| 2023-09-15 | 1,785,264 | 51.80 | -0.35 | -0.67% |
| 2023-09-14 | 4,607,595 | 52.15 |
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 |
|---|---|---|---|---|
| FTNCOCOA | FTN Cocoa Processors | 6.05B | 1.55 | +434% |
| GOLDBREW | Golden Guinea Breweries | 3.23B | 3.15 | +289% |
| DANGSUGAR | Dangote Sugar Refinery | 628B | 51.70 | +222% |
| BUAFOODS | BUA Foods | 3.54T | 196.70 | +203% |
| NNFM | Northern Nigeria Flour Mills | 2.72B | 15.25 | +148% |
| PZ | PZ Cussons Nigeria | 79.4B | 20.00 | +76.2% |
| LIVESTOCK | Livestock Feeds | 5.4B | 1.80 | +65.1% |
| OKOMUOIL | Okomu Oil Palm | 251B | 263.00 | +59.4% |
| PRESCO | Presco Plc | 201B | 201.20 | +46.3% |
| HONYFLOUR | Honeywell Flour Mill | 26.2B | 3.30 | +41% |
