NNFM - Northern Nigeria Flour Mills
Northern Nigeria Flour Mills Plc is a milling company. The Company produces flour and semovita.
Northern Nigeria Flour Mills is listed on the Nigerian Stock Exchange (NGX). Northern Nigeria Flour Mills is traded on the NGX under the ticker symbol “NNFM”. The International Securities Identification Number (ISIN) of NGX:NNFM is NGNNFM000008. Northern Nigeria Flour Mills is currently the 97th most valuable stock on the NGX with a market capitalization of NGN 6.2 billion, which is about 0.011% of the Nigerian Stock Exchange equity market.
| Last Trading Results | |
|---|---|
| Opening Price | |
| Day’s Low Price | |
| Day’s High Price | |
| Traded Volume | 30,534 |
| Number of Deals | 15 |
| Gross Turnover | 957,418.75 |
| Growth & Valuation | |
|---|---|
| Earnings Per Share | |
| Price/Earning Ratio | |
| Dividend Per Share | |
| Dividend Yield | |
| Shares Outstanding | 178M |
| Market Capitalization | 6.2B |
NNFM Stock Market Performance
| 1WK | 4WK | 3MO |
|---|---|---|
| +6.91% | -28% | -28% |
| 6MO | 1YR | YTD |
|---|---|---|
| -28% | +128% | -23.5% |
The current share price of Northern Nigeria Flour Mills (NNFM) is NGN 34.80. NNFM closed its last trading day (Wednesday, October 9, 2024) at 34.80 NGN per share on the Nigerian Stock Exchange (NGX), recording a 6.9% gain over its previous closing price of 32.55 NGN. Northern Nigeria Flour Mills began the year with a share price of 45.50 NGN but has since lost 23.5% off that price valuation, ranking it 141st on the NGX in terms of year-to-date performance. Shareholders’ worries are compounded by the fact that NNFM has lost 28% of the stock’s value from September 9th to date.
Northern Nigeria Flour Mills is the 96th most traded stock on the Nigerian Stock Exchange over the past three months (Jul 11 - Oct 9, 2024). NNFM has traded a total volume of 7.89 million shares—in 821 deals—valued at NGN 276 million over the period, with an average of 125,234 traded shares per session. A volume high of 2.2 million was achieved on October 2nd for the same period. The table below details the last 10 trading days of activity of Northern Nigeria Flour Mills on the Nigerian Stock Exchange.
| Date | Volume | Close | Change | Change% |
|---|---|---|---|---|
| 2024-10-09 | 310,917 | 34.80 | +2.25 | +6.91% |
| 2024-10-08 | 19,659 | 32.55 | ||
| 2024-10-07 | 96,589 | 32.55 | ||
| 2024-10-04 | 65,767 | 32.55 | ||
| 2024-10-03 | 252,382 | 32.55 | ||
| 2024-10-02 | 2,195,660 | 32.55 | +0.65 | +2.04% |
| 2024-09-30 | 157,039 | 31.90 | ||
| 2024-09-27 | 529,611 | 31.90 | -3.35 | -9.50% |
| 2024-09-26 | 158,261 | 35.25 | ||
| 2024-09-25 | 749,128 | 35.25 |
Profile of Northern Nigeria Flour Mills
Northern Nigeria Flour Mills operates in the Consumer Goods sector.
Factsheet of Northern Nigeria Flour Mills
- Sector
- Consumer Goods
- Industry
- —
- Address
- Apapa Mills, 2 Old Dock Road, Lagos, Nigeria
- Telephone
- +234-1-580-33709
- —
- Website
- www.fmnplc.com
NNFM Industrial Market Competitors
Northern Nigeria Flour Mills, issuers of the NNFM 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 |
|---|---|---|---|---|
| PRESCO | Presco Plc | 485B | 485.40 | +152% |
| BUAFOODS | BUA Foods | 7.11T | 394.90 | +104% |
| FLOURMILL | Flour Mills Nigeria | 254B | 62.05 | +87.8% |
| LIVESTOCK | Livestock Feeds | 10.3B | 3.44 | +86% |
| MCNICHOLS | McNichols Plc | 1.59B | 1.42 | +69.1% |
| ELLAHLAKES | Ellah Lakes Plc | 12.1B | 4.40 | +51.7% |
| OKOMUOIL | Okomu Oil Palm | 346B | 363.00 | +39.6% |
| HONYFLOUR | Honeywell Flour Mill | 34.5B | 4.35 | +31% |
| UNILEVER | Unilever Nigeria | 109B | 19.00 | +28.4% |
| FTNCOCOA | FTN Cocoa Processors | 7.22B | 1.85 | +25% |