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 |
|---|---|---|
| 6MO | 1YR | YTD |
|---|---|---|
| +4.44% | -17.5% | -9.62% |
The current share price of The Initiates Plc (TIP) is NGN 0.47. TIP closed its last trading day (Thursday, September 23, 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 116th on the NGX in terms of year-to-date performance.
The Initiates is the 127th most traded stock on the Nigerian Stock Exchange over the past three months (Jun 28 - Sep 24, 2021). TIP has traded a total volume of 11,738 shares—in 4 deals—valued at NGN 5,623 over the period, with an average of 186 traded shares per session. A volume high of 10,638 was achieved on August 12th 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% |
|---|---|---|---|---|
| 2021-09-23 | 100 | 0.47 | ||
| 2021-08-31 | 500 | 0.47 | ||
| 2021-08-30 | 500 | 0.47 | ||
| 2021-08-12 | 10,638 | 0.47 | ||
| 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 |
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 |
|---|---|---|---|---|
| NAHCO | Nigerian Aviation Handling Co. | 5.68B | 3.50 | +52.2% |
| CAPHOTEL | Capital Hotel Plc | 4.94B | 3.19 | +45% |
| LEARNAFRCA | Learn Africa | 1.11B | 1.44 | +44% |
| TRANSCOHOT | Transcorp Hotels Plc | 50.7B | 4.95 | +37.5% |
| ACADEMY | Academy Press | 236M | 0.39 | +30% |
| TRANSEXPR | Trans-Nationwide Express | 417M | 0.89 | +23.6% |
| MEDVIEWAIR | Medview Airline Plc | 15.8B | 1.62 | |
| NSLTECH | Secure Electronic Technology | 1.13B | 0.20 | |
| AFROMEDIA | Afromedia Plc | 888M | 0.20 | |
| EUNISELL | Eunisell Interlinked Plc | 689M | 2.91 |