ROYALEX - Royal Exchange
General Business, Healthcare Insurance, Life Assurance, Finance & Investment, Microfinance Banking and Wealth Management
Royal Exchange is listed on the Nigerian Stock Exchange (NGX) since December 3rd, 1990. Royal Exchange is traded on the NGX under the ticker symbol “ROYALEX”. The International Securities Identification Number (ISIN) of NGX:ROYALEX is NGROYALEX007. Royal Exchange is currently the 88th most valuable stock on the NGX with a market capitalization of NGN 3.55 billion, which makes about 0.012% of the Nigerian Stock Exchange equity market.
| Last Trading Results | |
|---|---|
| Opening Price | |
| Day’s Low Price | |
| Day’s High Price | |
| Traded Volume | 0 |
| Number of Deals | 0 |
| Gross Turnover | 0.00 |
| Growth & Valuation | |
|---|---|
| Earnings Per Share | |
| Price/Earning Ratio | |
| Dividend Per Share | |
| Dividend Yield | |
| Shares Outstanding | 5.15B |
| Market Capitalization | 3.55B |
ROYALEX Stock Market Performance
| 1WK | 4WK | 3MO |
|---|---|---|
| -4.17% | -6.76% | -29.6% |
| 6MO | 1YR | YTD |
|---|---|---|
| -32.4% | -46.9% | -34.9% |
The current share price of Royal Exchange (ROYALEX) is NGN 0.69. ROYALEX closed its last trading day (Thursday, March 23, 2023) at 0.69 NGN per share on the Nigerian Stock Exchange (NGX), recording a 4.2% drop from its previous closing price of 0.72 NGN. Royal Exchange began the year with a share price of 1.06 NGN but has since lost 34.9% off that price valuation, ranking it 157th on the NGX in terms of year-to-date performance. Shareholders’ worries are compounded by the fact that ROYALEX has lost 7% of the stock’s value from February 24th to date.
Royal Exchange is the 24th most traded stock on the Nigerian Stock Exchange over the past three months (Dec 23, 2022 - Mar 24, 2023). ROYALEX has traded a total volume of 147 million shares—in 970 deals—valued at NGN 125 million over the period, with an average of 2.33 million traded shares per session. A volume high of 14.2 million was achieved on January 12th for the same period. The table below details the last 10 trading days of activity of Royal Exchange on the Nigerian Stock Exchange.
| Date | Volume | Close | Change | Change% |
|---|---|---|---|---|
| 2023-03-23 | 9,183,200 | 0.69 | -0.03 | -4.17% |
| 2023-03-22 | 75,246 | 0.72 | ||
| 2023-03-21 | 1,240,140 | 0.72 | ||
| 2023-03-20 | 1,911,657 | 0.72 | ||
| 2023-03-17 | 687,746 | 0.72 | +0.05 | +7.46% |
| 2023-03-16 | 409,600 | 0.67 | -0.06 | -8.22% |
| 2023-03-15 | 7,250 | 0.73 | ||
| 2023-03-14 | 100 | 0.73 | ||
| 2023-03-13 | 1,031,800 | 0.73 | -0.03 | -3.95% |
| 2023-03-10 | 3,480,008 | 0.76 |
Profile of Royal Exchange
Royal Exchange operates in the Financials sector.
Factsheet of Royal Exchange
- Sector
- Financials
- Industry
- —
- Address
- New Africa House, 31 Marina, Lagos
- Telephone
- 7611150
ROYALEX Industrial Market Competitors
Royal Exchange, issuers of the ROYALEX stock on the Nigerian Stock Exchange, have a number of market competitors who are also engaged in the Financials 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 |
|---|---|---|---|---|
| INTENEGINS | International Energy Insurance | 1.61B | 1.25 | +229% |
| LIVINGTRUST | LivingTrust Mortgage Bank | 15.4B | 3.07 | +91.9% |
| SUNUASSUR | Sunu Assurances Nigeria Plc | 2.79B | 0.48 | +65.5% |
| MBENEFIT | Mutual Benefits Assurance | 6.62B | 0.33 | +22.2% |
| LASACO | Lasaco Assurance | 1.93B | 1.05 | +20.7% |
| REGALINS | Regency Alliance Insurance | 2B | 0.30 | +20% |
| FIDELITYBK | Fidelity Bank Plc | 151B | 5.20 | +19.5% |
| CORNERST | Cornerstone Insurance Company | 12.4B | 0.68 | +13.3% |
| STANBIC | Stanbic IBTC Holdings | 487B | 37.60 | +12.4% |
| NGXGROUP | Nigerian Exchange Group | 55B | 28.00 | +11.8% |
