TRANSCOHOT - Transcorp Hotels Plc

Apr 19, 2024 at 14:34 Twitter · Facebook

TRANSCOHOT share price on Nigerian Stock Exchange

Transnational Hotels Plc is the hospitality subsidiary of Transnational Corporation of Nigeria Plc (Transcorp), a diversified conglomerate with interests in the Power, Hospitality, Agriculture and Oil and Gas sectors. The company is focused on consolidating all hospitality businesses of the Transcorp Group and providing strategic management to drive the execution of its strategy. Transcorp Hotels Plc aims to build Africa's choice hospitality assets, starting from Nigeria but also across the West African region. With an award-winning property in Abuja, and planned properties in Lagos and Port Harcourt, Transcorp Hotels continues to achieve excellence in the hospitality industry and develop strategies in the medium-to-long term to place itself as a key industry player on the continent.

Transcorp Hotels Plc is listed on the Nigerian Stock Exchange (NGX) since January 15th, 2015. Transcorp Hotels is traded on the NGX under the ticker symbol “TRANSCOHOT”. The International Securities Identification Number (ISIN) of NGX:TRANSCOHOT is NGTRANSHOTL1. Transcorp Hotels Plc is currently the 10th most valuable stock on the NGX with a market capitalization of NGN 1 trillion, which makes about 1.78% of the Nigerian Stock Exchange equity market.

TRANSCOHOT Stock Market Performance

The current share price of Transcorp Hotels Plc (TRANSCOHOT) is NGN 97.70. TRANSCOHOT closed its last trading day (Friday, April 19, 2024) at 97.70 NGN per share on the Nigerian Stock Exchange (NGX). Transcorp Hotels began the year with a share price of 70.18 NGN and has since gained 39.2% on that price valuation, ranking it 16th on the NGX in terms of year-to-date performance.

Transcorp Hotels is the 105th most traded stock on the Nigerian Stock Exchange over the past three months (Jan 17 - Apr 19, 2024). TRANSCOHOT has traded a total volume of 4.2 million shares—in 2,929 deals—valued at NGN 384 million over the period, with an average of 66,590 traded shares per session. A volume high of 617,201 was achieved on March 8th, and a low of 1,159 on April 17th, for the same period. The table below details the last 10 trading days of activity of Transcorp Hotels on the Nigerian Stock Exchange.

Profile of Transcorp Hotels Plc

Transcorp Hotels Plc operates in the Consumer Services sector.

TRANSCOHOT Industrial Market Competitors

Transcorp Hotels Plc, issuers of the TRANSCOHOT 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.

Index of African Stock Exchanges:

1. Botswana Stock Exchange
2. BRVM Stock Exchange
3. Ghana Stock Exchange
4. Johannesburg Stock Exchange
5. Lusaka Securities Exchange
6. Malawi Stock Exchange
7. Nairobi Securities Exchange
8. Nigerian Stock Exchange
9. Uganda Securities Exchange
10. Zimbabwe Stock Exchange