SOVRENINS - Sovereign Trust Insurance
General Insurance Business
Sovereign Trust Insurance is listed on the Nigerian Stock Exchange (NGX) since November 29th, 2006. Sovereign Trust is traded on the NGX under the ticker symbol “SOVRENINS”. The International Securities Identification Number (ISIN) of NGX:SOVRENINS is NGSOVRENINS5. Sovereign Trust Insurance is currently the 87th most valuable stock on the NGX with a market capitalization of NGN 7.97 billion, which makes about 0.014% of the Nigerian Stock Exchange equity market.
| Last Trading Results | |
|---|---|
| Opening Price | |
| Day’s Low Price | 0.50 |
| Day’s High Price | 0.56 |
| Traded Volume | 1.7M |
| Number of Deals | 22 |
| Gross Turnover | 900,208.00 |
| Growth & Valuation | |
|---|---|
| Earnings Per Share | |
| Price/Earning Ratio | |
| Dividend Per Share | |
| Dividend Yield | |
| Shares Outstanding | 14.2B |
| Market Capitalization | 7.97B |
SOVRENINS Stock Market Performance
| 1WK | 4WK | 3MO |
|---|---|---|
| +14.3% | +24.4% | +40% |
| 6MO | 1YR | YTD |
|---|---|---|
| +3.7% | -3.45% | +33.3% |
The current share price of Sovereign Trust Insurance (SOVRENINS) is NGN 0.56. SOVRENINS closed its last trading day (Friday, July 26, 2024) at 0.56 NGN per share on the Nigerian Stock Exchange (NGX), recording a 1.8% gain over its previous closing price of 0.55 NGN. Sovereign Trust began the year with a share price of 0.42 NGN and has since gained 33.3% on that price valuation, ranking it 25th on the NGX in terms of year-to-date performance. Shareholders can be optimistic about SOVRENINS knowing the stock has accrued 24% over the past four-week period alone—sixth best on NGX.
Sovereign Trust Insurance is the 48th most traded stock on the Nigerian Stock Exchange over the past three months (Apr 25 - Jul 26, 2024). SOVRENINS has traded a total volume of 83.6 million shares—in 1,163 deals—valued at NGN 37.8 million over the period, with an average of 1.33 million traded shares per session. A volume high of 7.57 million was achieved on June 11th, and a low of 17,113 on May 27th, for the same period. The table below details the last 10 trading days of activity of Sovereign Trust Insurance on the Nigerian Stock Exchange.
| Date | Volume | Close | Change | Change% |
|---|---|---|---|---|
| 2024-07-26 | 1,699,560 | 0.56 | +0.01 | +1.82% |
| 2024-07-25 | 3,891,581 | 0.55 | ||
| 2024-07-24 | 3,897,256 | 0.55 | +0.05 | +10.00% |
| 2024-07-23 | 460,880 | 0.50 | +0.02 | +4.17% |
| 2024-07-22 | 405,546 | 0.48 | -0.01 | -2.04% |
| 2024-07-19 | 1,706,070 | 0.49 | +0.02 | +4.26% |
| 2024-07-18 | 1,774,401 | 0.47 | -0.02 | -4.08% |
| 2024-07-17 | 693,610 | 0.49 | ||
| 2024-07-16 | 843,444 | 0.49 | ||
| 2024-07-15 | 561,281 | 0.49 |
Profile of Sovereign Trust Insurance
Sovereign Trust Insurance operates in the Financials sector.
Factsheet of Sovereign Trust Insurance
- Sector
- Financials
- Industry
- —
- Address
- 17, Adetokunbo Ademola Street, Victoria Island, Lagos
- Telephone
- 23414615006
- enquiries@stiplc.com
- Website
- www.stiplc.com
SOVRENINS Industrial Market Competitors
Sovereign Trust Insurance, issuers of the SOVRENINS 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 |
|---|---|---|---|---|
| VERITASKAP | Veritas Kapital Assurance Plc | 13.6B | 0.98 | +165% |
| UCAP | United Capital Plc | 234B | 38.95 | +69.4% |
| CORNERST | Cornerstone Insurance Company | 36B | 1.98 | +41.4% |
| NEM | N.E.M. Insurance Company | 41.1B | 8.20 | +30.2% |
| AIICO | Aiico Insurance Plc | 37.7B | 1.03 | +28.8% |
| AFRIPRUD | Africa Prudential Plc | 19B | 9.50 | +28.4% |
| UNIVINSURE | Universal Insurance Company | 5.28B | 0.33 | +26.9% |
| WAPIC | Wapic Insurance | 20.6B | 0.86 | +26.5% |
| SUNUASSUR | Sunu Assurances Nigeria Plc | 7.84B | 1.35 | +22.7% |
| LASACO | Lasaco Assurance | 4.22B | 2.30 | +21.1% |