NASCON - National Salt Company
Processing of Raw Salt into Edible Salt and importation of Tomato Paste
National Salt Company is listed on the Nigerian Stock Exchange (NGX) since October 20th, 1992. National Salt is traded on the NGX under the ticker symbol “NASCON”. The International Securities Identification Number (ISIN) of NGX:NASCON is NGNASCON0005. National Salt Company is currently the 36th most valuable stock on the NGX with a market capitalization of NGN 100 billion, which is about 0.181% of the Nigerian Stock Exchange equity market.
| Last Trading Results | |
|---|---|
| Opening Price | |
| Day’s Low Price | 37.00 |
| Day’s High Price | 37.00 |
| Traded Volume | 958,027 |
| Number of Deals | 133 |
| Gross Turnover | 35.5M |
| Growth & Valuation | |
|---|---|
| Earnings Per Share | |
| Price/Earning Ratio | |
| Dividend Per Share | |
| Dividend Yield | |
| Shares Outstanding | 2.7B |
| Market Capitalization | 100B |
NASCON Stock Market Performance
| 1WK | 4WK | 3MO |
|---|---|---|
| -21.3% | -29.6% | -43.1% |
| 6MO | 1YR | YTD |
|---|---|---|
| -35.3% | +159% | -31.2% |
The current share price of National Salt Company (NASCON) is NGN 37.00. NASCON closed its last trading day (Monday, May 13, 2024) at 37.00 NGN per share on the Nigerian Stock Exchange (NGX), recording a 7.5% drop from its previous closing price of 40.00 NGN. National Salt began the year with a share price of 53.75 NGN but has since lost 31.2% off that price valuation, ranking it 151st on the NGX in terms of year-to-date performance. Shareholders’ worries are compounded by the fact that NASCON has lost 30% of the stock’s value from April 12th to date.
National Salt Company is the 29th most traded stock on the Nigerian Stock Exchange over the past three months (Feb 7 - May 13, 2024). NASCON has traded a total volume of 144 million shares—in 8,002 deals—valued at NGN 7.86 billion over the period, with an average of 2.28 million traded shares per session. A volume high of 19.6 million was achieved on March 11th, and a low of 9,625 on April 26th, for the same period. The table below details the last 10 trading days of activity of National Salt on the Nigerian Stock Exchange.
| Date | Volume | Close | Change | Change% |
|---|---|---|---|---|
| 2024-05-13 | 958,027 | 37.00 | -3.00 | -7.50% |
| 2024-05-10 | 621,457 | 40.00 | ||
| 2024-05-09 | 3,013,371 | 40.00 | -1.00 | -2.44% |
| 2024-05-08 | 3,385,277 | 41.00 | -4.00 | -8.89% |
| 2024-05-07 | 7,489,561 | 45.00 | -2.00 | -4.26% |
| 2024-05-06 | 2,581,554 | 47.00 | +3.40 | +7.80% |
| 2024-05-03 | 5,769,227 | 43.60 | -3.70 | -7.82% |
| 2024-05-02 | 370,913 | 47.30 | -5.25 | -9.99% |
| 2024-04-30 | 111,355 | 52.55 | ||
| 2024-04-29 | 33,798 | 52.55 |
Profile of National Salt Company
National Salt Company operates in the Consumer Goods sector.
Factsheet of National Salt Company
- Sector
- Consumer Goods
- Industry
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- Address
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- Telephone
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- Website
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NASCON Industrial Market Competitors
National Salt Company, issuers of the NASCON stock on the Nigerian Stock Exchange, have a number of market competitors who are also engaged in the Consumer Goods 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 |
|---|---|---|---|---|
| BUAFOODS | BUA Foods | 6.84T | 379.90 | +96.4% |
| PRESCO | Presco Plc | 292B | 291.50 | +51% |
| FLOURMILL | Flour Mills Nigeria | 152B | 37.10 | +12.3% |
| MCNICHOLS | McNichols Plc | 1.02B | 0.91 | +8.33% |
| FTNCOCOA | FTN Cocoa Processors | 6.24B | 1.60 | +8.11% |
| NNFM | Northern Nigeria Flour Mills | 8.61B | 48.30 | +6.15% |
| ELLAHLAKES | Ellah Lakes Plc | 8.4B | 3.05 | +5.17% |
| UNILEVER | Unilever Nigeria | 87.3B | 15.20 | +2.7% |
| GOLDBREW | Golden Guinea Breweries | 3.23B | 3.15 | |
| UNIONDICON | Union Dicon Salt | 2.21B | 8.10 |
