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 41st most valuable stock on the NGX with a market capitalization of NGN 31.1 billion, which is about 0.111% of the Nigerian Stock Exchange equity market.
| Last Trading Results | |
|---|---|
| Opening Price | |
| Day’s Low Price | |
| Day’s High Price | |
| Traded Volume | 12,904 |
| Number of Deals | 12 |
| Gross Turnover | 149,701.00 |
| Growth & Valuation | |
|---|---|
| Earnings Per Share | |
| Price/Earning Ratio | |
| Dividend Per Share | |
| Dividend Yield | |
| Shares Outstanding | 2.65B |
| Market Capitalization | 31.1B |
NASCON Stock Market Performance
| 1WK | 4WK | 3MO |
|---|---|---|
| -8.56% | -10.3% |
| 6MO | 1YR | YTD |
|---|---|---|
| -11% | -18.1% | -11% |
The current share price of National Salt Company (NASCON) is NGN 11.75. NASCON closed its last trading day (Friday, July 1, 2022) at 11.75 NGN per share on the Nigerian Stock Exchange (NGX). National Salt began the year with a share price of 13.20 NGN but has since lost 11% off that price valuation, ranking it 128th on the NGX in terms of year-to-date performance. Shareholders’ worries are compounded by the fact that NASCON has lost 9% of the stock’s value from June 2nd to date.
National Salt Company is the 91st most traded stock on the Nigerian Stock Exchange over the past three months (Mar 30 - Jul 1, 2022). NASCON has traded a total volume of 11.5 million shares—in 1,035 deals—valued at NGN 140 million over the period, with an average of 182,149 traded shares per session. A volume high of 1.02 million was achieved on April 1st, and a low of 95 on March 31st, 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% |
|---|---|---|---|---|
| 2022-07-01 | 12,904 | 11.75 | ||
| 2022-06-30 | 6,305 | 11.75 | ||
| 2022-06-29 | 34,300 | 11.75 | ||
| 2022-06-28 | 121,190 | 11.75 | ||
| 2022-06-27 | 75,350 | 11.75 | ||
| 2022-06-24 | 6,560 | 11.75 | ||
| 2022-06-23 | 22,810 | 11.75 | ||
| 2022-06-22 | 70,916 | 11.75 | ||
| 2022-06-21 | 328,976 | 11.75 | -1.10 | -8.56% |
| 2022-06-20 | 31,789 | 12.85 |
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 | 198B | 90.50 | +132% |
| PRESCO | Presco Plc | 165B | 165.00 | +87.9% |
| CADBURY | Cadbury Nigeria | 30.6B | 16.30 | +85.2% |
| PZ | PZ Cussons Nigeria | 40.5B | 10.20 | +67.2% |
| CHAMPION | Champion Breweries | 29.3B | 3.74 | +59.2% |
| OKOMUOIL | Okomu Oil Palm | 207B | 216.90 | +52.8% |
| INTBREW | International Breweries | 169B | 6.30 | +27.3% |
| BUAFOODS | BUA Foods | 990B | 55.00 | +25% |
| COURTVILLE | Courteville Business Solutions | 1.67B | 0.47 | +23.7% |
| NNFM | Northern Nigeria Flour Mills | 1.7B | 9.55 | +19.4% |
