MBENEFIT - Mutual Benefits Assurance
General Insurance and Life Business
Mutual Benefits Assurance is listed on the Nigerian Stock Exchange (NGX) since May 28th, 2002. Mutual Benefits is traded on the NGX under the ticker symbol “MBENEFIT”. The International Securities Identification Number (ISIN) of NGX:MBENEFIT is NGMBENEFT000. Mutual Benefits Assurance is currently the 76th most valuable stock on the NGX with a market capitalization of NGN 12 billion, which is about 0.02% of the Nigerian Stock Exchange equity market.
Last Trading Results | |
---|---|
Opening Price | |
Day’s Low Price | 0.60 |
Day’s High Price | 0.62 |
Traded Volume | 837,932 |
Number of Deals | 18 |
Gross Turnover | 509,318.84 |
Growth & Valuation | |
---|---|
Earnings Per Share | |
Price/Earning Ratio | |
Dividend Per Share | |
Dividend Yield | |
Shares Outstanding | 20.1B |
Market Capitalization | 12B |
MBENEFIT Stock Market Performance
1WK | 4WK | 3MO |
---|---|---|
-11.8% | +25% |
6MO | 1YR | YTD |
---|---|---|
+42.9% | +81.8% | +13.2% |
The current share price of Mutual Benefits Assurance (MBENEFIT) is NGN 0.62. MBENEFIT closed its last trading day (Monday, March 18, 2024) at 0.60 NGN per share on the Nigerian Stock Exchange (NGX). Mutual Benefits began the year with a share price of 0.53 NGN and has since gained 13.2% on that price valuation, ranking it 45th on the NGX in terms of year-to-date performance. Investors should, however, take caution of MBENEFIT’s recent poor performance, having lost 12% of its value in the past four weeks.
Mutual Benefits Assurance is the 17th most traded stock on the Nigerian Stock Exchange over the past three months (Dec 18, 2023 - Mar 18, 2024). MBENEFIT has traded a total volume of 621 million shares—in 3,074 deals—valued at NGN 401 million over the period, with an average of 9.86 million traded shares per session. A volume high of 102 million was achieved on January 2nd, and a low of 94,650 on March 18th, for the same period. The table below details the last 10 trading days of activity of Mutual Benefits Assurance on the Nigerian Stock Exchange.
Date | Volume | Close | Change | Change% |
---|---|---|---|---|
2024-03-18 | 94,650 | 0.60 | ||
2024-03-15 | 1,925,760 | 0.60 | +0.01 | +1.69% |
2024-03-14 | 3,437,069 | 0.59 | ||
2024-03-13 | 203,369 | 0.59 | ||
2024-03-12 | 1,202,588 | 0.59 | -0.01 | -1.67% |
2024-03-11 | 2,480,137 | 0.60 | +0.01 | +1.69% |
2024-03-08 | 2,996,353 | 0.59 | +0.01 | +1.72% |
2024-03-07 | 500,883 | 0.58 | -0.05 | -7.94% |
2024-03-06 | 3,695,565 | 0.63 | +0.03 | +5.00% |
2024-03-05 | 3,102,369 | 0.60 |
Profile of Mutual Benefits Assurance
Mutual Benefits Assurance operates in the Financials sector.
Factsheet of Mutual Benefits Assurance
- Sector
- Financials
- Industry
- —
- Address
- ARET ADAMS HOUSE,233, IKORODU ROAD,ILUPEJU,LAGOS
- Telephone
- 08191471029,
- info@mbaplc.com
- Website
- www.mbaplc.com
MBENEFIT Industrial Market Competitors
Mutual Benefits Assurance, issuers of the MBENEFIT 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 | 9.43B | 0.68 | +83.8% |
FBNH | FBN Holdings Plc | 1.45T | 40.30 | +71.1% |
CORNERST | Cornerstone Insurance Company | 40B | 2.20 | +57.1% |
UNIVINSURE | Universal Insurance Company | 6.08B | 0.38 | +46.2% |
WEMABANK | Wema Bank | 100B | 7.80 | +39.3% |
ROYALEX | Royal Exchange | 4.43B | 0.86 | +36.5% |
GUINEAINS | Guinea Insurance | 2.94B | 0.37 | +27.6% |
DEAPCAP | Deap Capital Management & Trust | 1.08B | 0.72 | +24.1% |
AIICO | Aiico Insurance Plc | 36.2B | 0.99 | +23.8% |
PRESTIGE | Prestige Assurance Company | 8.22B | 0.62 | +21.6% |