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 42nd most valuable stock on the NGX with a market capitalization of NGN 77.4 billion, which is about 0.131% of the Nigerian Stock Exchange equity market.
| Last Trading Results | |
|---|---|
| Opening Price | |
| Day’s Low Price | 28.00 |
| Day’s High Price | 30.00 |
| Traded Volume | 6.89M |
| Number of Deals | 272 |
| Gross Turnover | 200M |
| Growth & Valuation | |
|---|---|
| Earnings Per Share | |
| Price/Earning Ratio | |
| Dividend Per Share | |
| Dividend Yield | |
| Shares Outstanding | 2.7B |
| Market Capitalization | 77.4B |
NASCON Stock Market Performance
| 1WK | 4WK | 3MO |
|---|---|---|
| -4.5% | -12% | -15.6% |
| 6MO | 1YR | YTD |
|---|---|---|
| -15.7% | -49.7% | -46.7% |
The current share price of National Salt Company (NASCON) is NGN 28.65. NASCON closed its last trading day (Friday, November 22, 2024) at 28.65 NGN per share on the Nigerian Stock Exchange (NGX), recording a 0.5% gain over its previous closing price of 28.50 NGN. National Salt began the year with a share price of 53.75 NGN but has since lost 46.7% off that price valuation, ranking it 151st on the NGX in terms of year-to-date performance. Shareholders’ worries are compounded by the fact that NASCON has lost 12% of the stock’s value from October 25th to date.
National Salt Company is the 60th most traded stock on the Nigerian Stock Exchange over the past three months (Aug 26 - Nov 22, 2024). NASCON has traded a total volume of 79.1 million shares—in 4,786 deals—valued at NGN 2.47 billion over the period, with an average of 1.26 million traded shares per session. A volume high of 6.94 million was achieved on November 20th, and a low of 70,632 on October 17th, 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% |
|---|---|---|---|---|
| 2024-11-22 | 6,889,227 | 28.65 | +0.15 | +0.53% |
| 2024-11-21 | 4,420,245 | 28.50 | ||
| 2024-11-20 | 6,935,531 | 28.50 | -1.50 | -5.00% |
| 2024-11-19 | 258,911 | 30.00 | ||
| 2024-11-18 | 630,553 | 30.00 | ||
| 2024-11-15 | 103,199 | 30.00 | ||
| 2024-11-14 | 736,002 | 30.00 | ||
| 2024-11-13 | 760,365 | 30.00 | ||
| 2024-11-12 | 335,599 | 30.00 | ||
| 2024-11-11 | 181,037 | 30.00 |
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 |
|---|---|---|---|---|
| FLOURMILL | Flour Mills Nigeria | 326B | 79.50 | +141% |
| PRESCO | Presco Plc | 450B | 450.00 | +133% |
| BUAFOODS | BUA Foods | 7.11T | 394.90 | +104% |
| UNILEVER | Unilever Nigeria | 170B | 29.60 | +100% |
| LIVESTOCK | Livestock Feeds | 10.9B | 3.65 | +97.3% |
| MCNICHOLS | McNichols Plc | 1.61B | 1.44 | +71.4% |
| HONYFLOUR | Honeywell Flour Mill | 38.5B | 4.85 | +46.1% |
| OKOMUOIL | Okomu Oil Palm | 321B | 336.10 | +29.3% |
| FTNCOCOA | FTN Cocoa Processors | 6.94B | 1.78 | +20.3% |
| GOLDBREW | Golden Guinea Breweries | 3.79B | 3.70 | +17.5% |
