REDSTAREX - Red Star Express Plc
Courier Services, Freight Services, Logistics, warehousing and General Haulage
Red Star Express Plc is listed on the Nigerian Stock Exchange (NGX) since November 14th, 2007. Red Star Express is traded on the NGX under the ticker symbol “REDSTAREX”. The International Securities Identification Number (ISIN) of NGX:REDSTAREX is NGREDSTAREX9. Red Star Express Plc is currently the 105th most valuable stock on the NGX with a market capitalization of NGN 2.02 billion, which makes about 0.0077% of the Nigerian Stock Exchange equity market.
| Last Trading Results | |
|---|---|
| Opening Price | |
| Day’s Low Price | 2.12 |
| Day’s High Price | 2.12 |
| Traded Volume | 355,949 |
| Number of Deals | 15 |
| Gross Turnover | 763,628.90 |
| Growth & Valuation | |
|---|---|
| Earnings Per Share | |
| Price/Earning Ratio | |
| Dividend Per Share | |
| Dividend Yield | |
| Shares Outstanding | 954M |
| Market Capitalization | 2.02B |
REDSTAREX Stock Market Performance
| 1WK | 4WK | 3MO |
|---|---|---|
| -10.2% | -21.5% | -22.9% |
| 6MO | 1YR | YTD |
|---|---|---|
| -29.3% | -29.3% | -38.6% |
The current share price of Red Star Express Plc (REDSTAREX) is NGN 2.12. REDSTAREX closed its last trading day (Tuesday, October 4, 2022) at 2.12 NGN per share on the Nigerian Stock Exchange (NGX), recording a 7.8% drop from its previous closing price of 2.30 NGN. Red Star Express began the year with a share price of 3.45 NGN but has since lost 38.6% off that price valuation, ranking it 152nd on the NGX in terms of year-to-date performance. Shareholders’ worries are compounded by the fact that REDSTAREX has lost 21% of the stock’s value from September 5th to date.
Red Star Express is the 74th most traded stock on the Nigerian Stock Exchange over the past three months (Jul 5 - Oct 4, 2022). REDSTAREX has traded a total volume of 14.6 million shares—in 630 deals—valued at NGN 36.6 million over the period, with an average of 231,012 traded shares per session. A volume high of 1.64 million was achieved on July 13th, and a low of 1,397 on September 9th, for the same period. The table below details the last 10 trading days of activity of Red Star Express on the Nigerian Stock Exchange.
| Date | Volume | Close | Change | Change% |
|---|---|---|---|---|
| 2022-10-04 | 355,949 | 2.12 | -0.18 | -7.83% |
| 2022-09-30 | 20,000 | 2.30 | ||
| 2022-09-29 | 47,384 | 2.30 | ||
| 2022-09-28 | 421,381 | 2.30 | -0.06 | -2.54% |
| 2022-09-27 | 34,303 | 2.36 | ||
| 2022-09-26 | 35,193 | 2.36 | ||
| 2022-09-23 | 165,151 | 2.36 | ||
| 2022-09-22 | 131,077 | 2.36 | ||
| 2022-09-21 | 80,283 | 2.36 | ||
| 2022-09-20 | 167,200 | 2.36 |
Profile of Red Star Express Plc
Red Star Express Plc operates in the Consumer Services sector.
Factsheet of Red Star Express Plc
- Sector
- Consumer Services
- Industry
- —
- Address
- 70 International Airport Road, Lagos, Nigeria
- Telephone
- 2715670
- Website
- www.redstarplc.com
REDSTAREX Industrial Market Competitors
Red Star Express Plc, issuers of the REDSTAREX stock on the Nigerian Stock Exchange, have a number of market competitors who are also engaged in the Consumer Services 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 |
|---|---|---|---|---|
| ACADEMY | Academy Press | 1.21B | 1.60 | +220% |
| RTBRISCOE | RT Briscoe | 435M | 0.37 | +85% |
| LEARNAFRCA | Learn Africa | 1.43B | 1.86 | +59% |
| NAHCO | Nigerian Aviation Handling Co. | 10.7B | 5.50 | +47.1% |
| TIP | The Initiates Plc | 427M | 0.48 | +29.7% |
| TRANSCOHOT | Transcorp Hotels Plc | 64B | 6.25 | +16.2% |
| CAPHOTEL | Capital Hotel Plc | 10.7B | 3.40 | +6.58% |
| MEDVIEWAIR | Medview Airline Plc | 15.8B | 1.62 | |
| TOURIST | Tourist Company of Nigeria | 6.38B | 2.84 | |
| DAARCOMM | Daar Communications | 2.4B | 0.20 |
