TIP - The Initiates Plc
The Initiates Plc is a Nigerian indigenous company delivering international standard contracting and consultancy services in waste management, industrial cleaning, and decontamination to both private and public sectors including the oil and gas industry. The company has multi-disciplinary and flexible workforce structure that is functional in a wide range of work environments, and driven by innovation, excellence and commitment.
| 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 | 0.00 |
| Price/Earning Ratio | |
| Dividend Per Share | |
| Dividend Yield | |
| Shares Outstanding | 890M |
| Market Capitalization | 418M |
TIP Stock Market Performance
| 1WK | 4WK | 3MO |
|---|---|---|
| +2.17% |
| 6MO | 1YR | YTD |
|---|---|---|
| -9.62% | -32.9% | -9.62% |
The current share price of The Initiates Plc (TIP) is NGN 0.47. TIP closed its last trading day (Thursday, June 17, 2021) at 0.47 NGN per share on the Nigerian Stock Exchange (NGX). The Initiates began the year with a share price of 0.52 NGN but has since lost 9.62% off that price valuation, ranking it 126th on the NGX in terms of year-to-date performance.
The Initiates is the 103rd most traded stock on the Nigerian Stock Exchange over the past three months (Apr 27 - Jul 30, 2021). TIP has traded a total volume of 2.32 million shares—in 28 deals—valued at NGN 1 million over the period, with an average of 36,783 traded shares per session. A volume high of 760,050 was achieved on May 20th for the same period. The table below details the last 10 trading days of activity of The Initiates on the Nigerian Stock Exchange.
| Date | Volume | Close | Change | Change% |
|---|---|---|---|---|
| 2021-06-17 | 1,000 | 0.47 | ||
| 2021-06-15 | 100 | 0.47 | ||
| 2021-06-08 | 11,904 | 0.47 | ||
| 2021-06-07 | 200 | 0.47 | ||
| 2021-05-25 | 249,950 | 0.47 | +0.03 | +6.82% |
| 2021-05-20 | 760,050 | 0.44 | ||
| 2021-05-19 | 249,000 | 0.44 | ||
| 2021-05-18 | 251,740 | 0.44 | +0.04 | +10.00% |
| 2021-05-17 | 45,657 | 0.40 | ||
| 2021-05-14 | 198 | 0.40 |
Profile of The Initiates Plc
The Initiates Plc operates in the Consumer Services sector.
| Factsheet of The Initiates Plc | |
|---|---|
| Sector: Consumer Services | Industry: — |
| Address: Plot 400 Location Road, Umuebule 5, Port Harcout, Rivers State, Nigeria | |
| Telephone: +234-84-669-510 | |
| Email: wms@initiatesgroup.com | Website: www.initiatesgroup.com |
TIP Industrial Market Competitors
The Initiates Plc, issuers of the TIP 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 |
|---|---|---|---|---|
| LEARNAFRCA | Learn Africa | 1.04B | 1.35 | +35% |
| CAPHOTEL | Capital Hotel Plc | 4.49B | 2.90 | +31.8% |
| ACADEMY | Academy Press | 230M | 0.38 | +26.7% |
| TRANSEXPR | Trans-Nationwide Express | 417M | 0.89 | +23.6% |
| UPL | University Press | 617M | 1.43 | +11.7% |
| IKEJAHOTEL | Ikeja Hotel Plc | 2.7B | 1.30 | +8.33% |
| NAHCO | Nigerian Aviation Handling Co. | 3.96B | 2.44 | +6.09% |
| MEDVIEWAIR | Medview Airline Plc | 15.8B | 1.62 | |
| NSLTECH | Secure Electronic Technology | 1.13B | 0.20 | |
| AFROMEDIA | Afromedia Plc | 888M | 0.20 |