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 94th most valuable stock on the NGX with a market capitalization of NGN 4.2 billion, which makes about 0.012% of the Nigerian Stock Exchange equity market.
| Last Trading Results | |
|---|---|
| Opening Price | |
| Day’s Low Price | 0.38 |
| Day’s High Price | 0.38 |
| Traded Volume | 353,490 |
| Number of Deals | 10 |
| Gross Turnover | 134,041.40 |
| Growth & Valuation | |
|---|---|
| Earnings Per Share | |
| Price/Earning Ratio | |
| Dividend Per Share | |
| Dividend Yield | |
| Shares Outstanding | 11.4B |
| Market Capitalization | 4.2B |
SOVRENINS Stock Market Performance
| 1WK | 4WK | 3MO |
|---|---|---|
| -7.5% | -17.8% | -24.5% |
| 6MO | 1YR | YTD |
|---|---|---|
| +32.1% | +37% | +32.1% |
The current share price of Sovereign Trust Insurance (SOVRENINS) is NGN 0.38. SOVRENINS closed its last trading day (Thursday, September 28, 2023) at 0.37 NGN per share on the Nigerian Stock Exchange (NGX), recording a 2.6% drop from its previous closing price of 0.38 NGN. Sovereign Trust began the year with a share price of 0.28 NGN and has since gained 32.1% on that price valuation, ranking it 71st on the NGX in terms of year-to-date performance. Investors should, however, take caution of SOVRENINS’s recent poor performance, having lost 18% of its value in the past four weeks.
Sovereign Trust Insurance is the 58th most traded stock on the Nigerian Stock Exchange over the past three months (Jul 3 - Sep 28, 2023). SOVRENINS has traded a total volume of 86.2 million shares—in 745 deals—valued at NGN 43.2 million over the period, with an average of 1.37 million traded shares per session. A volume high of 8.48 million was achieved on July 28th 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% |
|---|---|---|---|---|
| 2023-09-28 | 182,130 | 0.37 | -0.01 | -2.63% |
| 2023-09-26 | 70,525 | 0.38 | ||
| 2023-09-25 | 1,375,920 | 0.38 | -0.02 | -5.00% |
| 2023-09-21 | 7,300 | 0.40 | ||
| 2023-09-20 | 1,014,200 | 0.40 | -0.01 | -2.44% |
| 2023-09-19 | 605,235 | 0.41 | ||
| 2023-09-15 | 6,000 | 0.41 | ||
| 2023-09-14 | 1,500 | 0.41 | ||
| 2023-09-13 | 213,100 | 0.41 | ||
| 2023-09-12 | 782,475 | 0.41 |
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 |
|---|---|---|---|---|
| INTENEGINS | International Energy Insurance | 1.78B | 1.39 | +266% |
| SUNUASSUR | Sunu Assurances Nigeria Plc | 5.58B | 0.96 | +231% |
| CORNERST | Cornerstone Insurance Company | 32.3B | 1.78 | +197% |
| STERLINGNG | Sterling Bank | 105B | 3.66 | +161% |
| STANBIC | Stanbic IBTC Holdings | 1.01T | 78.00 | +133% |
| UBA | United Bank for Africa | 551B | 16.10 | +112% |
| LASACO | Lasaco Assurance | 3.32B | 1.81 | +108% |
| LINKASSURE | Linkage Assurance | 11.2B | 0.80 | +100% |
| MANSARD | AXA Mansard Insurance | 34.6B | 3.84 | +92% |
| FIDELITYBK | Fidelity Bank Plc | 263B | 8.20 | +88.5% |