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 92nd most valuable stock on the NGX with a market capitalization of NGN 2.84 billion, which makes 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 | 0 |
| Number of Deals | 0 |
| Gross Turnover | 0.00 |
| Growth & Valuation | |
|---|---|
| Earnings Per Share | |
| Price/Earning Ratio | |
| Dividend Per Share | |
| Dividend Yield | |
| Shares Outstanding | 11.4B |
| Market Capitalization | 2.84B |
SOVRENINS Stock Market Performance
| 1WK | 4WK | 3MO |
|---|---|---|
| -7.41% | -7.41% | -3.85% |
| 6MO | 1YR | YTD |
|---|---|---|
| +8.7% | -10.7% | -16.7% |
The current share price of Sovereign Trust Insurance (SOVRENINS) is NGN 0.25. SOVRENINS closed its last trading day (Thursday, August 11, 2022) at 0.25 NGN per share on the Nigerian Stock Exchange (NGX). Sovereign Trust began the year with a share price of 0.30 NGN but has since lost 16.7% off that price valuation, ranking it 130th on the NGX in terms of year-to-date performance. Shareholders’ worries are compounded by the fact that SOVRENINS has lost 7% of the stock’s value from July 15th to date.
Sovereign Trust Insurance is the 34th most traded stock on the Nigerian Stock Exchange over the past three months (May 13 - Aug 12, 2022). SOVRENINS has traded a total volume of 98.8 million shares—in 314 deals—valued at NGN 26 million over the period, with an average of 1.57 million traded shares per session. A volume high of 20 million was achieved on May 31st 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% |
|---|---|---|---|---|
| 2022-08-11 | 1,500 | 0.25 | ||
| 2022-08-10 | 104,208 | 0.25 | ||
| 2022-08-09 | 10,110,600 | 0.25 | -0.02 | -7.41% |
| 2022-08-08 | 1,400 | 0.27 | ||
| 2022-08-04 | 423,650 | 0.27 | +0.02 | +8.00% |
| 2022-08-02 | 4,581 | 0.25 | ||
| 2022-08-01 | 245,056 | 0.25 | -0.01 | -3.85% |
| 2022-07-29 | 167,200 | 0.26 | +0.02 | +8.33% |
| 2022-07-28 | 170,000 | 0.24 | -0.02 | -7.69% |
| 2022-07-26 | 51,000 | 0.26 |
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 |
|---|---|---|---|---|
| WEMABANK | Wema Bank | 45.1B | 3.51 | +388% |
| ABBEYBDS | Abbey Mortgage Bank Plc | 17.3B | 1.70 | +63.5% |
| JAIZBANK | Jaiz Bank Plc | 31.4B | 0.91 | +62.5% |
| CORNERST | Cornerstone Insurance Company | 13.3B | 0.73 | +58.7% |
| LIVINGTRUST | LivingTrust Mortgage Bank | 7.15B | 1.43 | +37.5% |
| UCAP | United Capital Plc | 74.4B | 12.40 | +25.3% |
| ETI | Ecobank Transnational Inc | 195B | 10.60 | +21.8% |
| FIDELITYBK | Fidelity Bank Plc | 88.4B | 3.05 | +19.6% |
| ROYALEX | Royal Exchange | 5.25B | 1.02 | +15.9% |
| SFSREIT | Skye Shelter Fund Plc | 1.54B | 77.00 | +13.4% |