SUNUASSUR - Sunu Assurances Nigeria Plc
Sunu Assurances Nigeria Plc, incorporated on December 13, 1984 as Equity Assurance, was licensed to underwrite all classes of general business. The company operates with an authorized share capital of N7 billion and shareholders fund of about N5.1 billion. The company is a corporate member of the West African Insurance Company Association (WAICA) and the Nigeria Insurers’ Association (NIA), the official umbrella of registered insurance companies in Nigeria, as well as The Africa Insurance Organisation (AIO). SUNU Group, a leading Africa Insurance Group acquired Sunu Assurances Nigeria. The acquisition has given the SUNU Group presence in the Nigerian market. The group has operations in 17 other African countries including Benin, Burkina Faso, Cameroon, Central Africa, Guinea, Gabon, Mali, Niger, Senegal and Togo.
Sunu Assurances Nigeria Plc is listed on the Nigerian Stock Exchange (NGX). Sunu Assurances is traded on the NGX under the ticker symbol “SUNUASSUR”. The International Securities Identification Number (ISIN) of NGX:SUNUASSUR is NGSUNUASSUR6. Sunu Assurances Nigeria Plc is currently the 94th most valuable stock on the NGX with a market capitalization of NGN 5.81 billion, which makes about 0.01% of the Nigerian Stock Exchange equity market.
| Last Trading Results | |
|---|---|
| Opening Price | |
| Day’s Low Price | 1.00 |
| Day’s High Price | 1.01 |
| Traded Volume | 425,393 |
| Number of Deals | 7 |
| Gross Turnover | 427,616.93 |
| Growth & Valuation | |
|---|---|
| Earnings Per Share | |
| Price/Earning Ratio | |
| Dividend Per Share | |
| Dividend Yield | |
| Shares Outstanding | 5.81B |
| Market Capitalization | 5.81B |
SUNUASSUR Stock Market Performance
| 1WK | 4WK | 3MO |
|---|---|---|
| -21.9% | -21.3% | -37.5% |
| 6MO | 1YR | YTD |
|---|---|---|
| -4.76% | +96.1% | -9.09% |
The current share price of Sunu Assurances Nigeria Plc (SUNUASSUR) is NGN 1.01. SUNUASSUR closed its last trading day (Thursday, April 18, 2024) at 1.00 NGN per share on the Nigerian Stock Exchange (NGX), recording an 8.3% drop from its previous closing price of 1.09 NGN. Sunu Assurances began the year with a share price of 1.10 NGN but has since lost 9.09% off that price valuation, ranking it 117th on the NGX in terms of year-to-date performance. Shareholders’ worries are compounded by the fact that SUNUASSUR has lost 21% of the stock’s value from March 14th to date.
Sunu Assurances Nigeria is the 70th most traded stock on the Nigerian Stock Exchange over the past three months (Jan 16 - Apr 18, 2024). SUNUASSUR has traded a total volume of 53.1 million shares—in 1,045 deals—valued at NGN 86.5 million over the period, with an average of 842,436 traded shares per session. A volume high of 7.54 million was achieved on February 22nd, and a low of 5,128 on February 20th, for the same period. The table below details the last 10 trading days of activity of Sunu Assurances Nigeria on the Nigerian Stock Exchange.
| Date | Volume | Close | Change | Change% |
|---|---|---|---|---|
| 2024-04-18 | 252,188 | 1.00 | -0.09 | -8.26% |
| 2024-04-17 | 43,166 | 1.09 | ||
| 2024-04-16 | 197,286 | 1.09 | -0.06 | -5.22% |
| 2024-04-15 | 547,782 | 1.15 | -0.03 | -2.54% |
| 2024-04-12 | 319,400 | 1.18 | -0.10 | -7.81% |
| 2024-04-08 | 313,243 | 1.28 | -0.08 | -5.88% |
| 2024-04-05 | 26,290 | 1.36 | ||
| 2024-04-04 | 47,800 | 1.36 | ||
| 2024-04-03 | 20,180 | 1.36 | ||
| 2024-04-02 | 2,010,401 | 1.36 |
Profile of Sunu Assurances Nigeria Plc
Sunu Assurances Nigeria Plc operates in the Financials sector, specifically, the Insurance industry.
Factsheet of Sunu Assurances Nigeria Plc
- Sector
- Financials
- Industry
- Insurance
- Address
- Plot 1196, Bishop Oluwole St., Off Akin Adesola Rd., Victoria Island, Lagos State, Nigeria
- Telephone
- +234-1-631-0385, +234-1-280-2012
SUNUASSUR Industrial Market Competitors
Sunu Assurances Nigeria Plc, issuers of the SUNUASSUR stock on the Nigerian Stock Exchange, have a number of market competitors who are also engaged in the Financials sector and/or Insurance industry. 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 |
|---|---|---|---|---|
| REGALINS | Regency Alliance Insurance | 2.6B | 0.39 | +2.63% |
| MANSARD | AXA Mansard Insurance | 49.5B | 5.50 | |
| CONHALLPLC | Consolidated Hallmark Holdings | 13.1B | 1.21 | -17.7% |
| VERITASKAP | Veritas Kapital Assurance Plc | 8.6B | 0.62 | +67.6% |
| NEM | N.E.M. Insurance Company | 52.2B | 10.40 | +65.1% |
| CORNERST | Cornerstone Insurance Company | 35.1B | 1.93 | +37.9% |
| UNIVINSURE | Universal Insurance Company | 5.6B | 0.35 | +34.6% |
| WEMABANK | Wema Bank | 91.9B | 7.15 | +27.7% |
| ETI | Ecobank Transnational Inc | 477B | 26.00 | +24.4% |
| AIICO | Aiico Insurance Plc | 36.2B | 0.99 | +23.8% |
