NEM
₦27.9500 +9.6100%NEM INSURANCE PLC · FINANCIAL SERVICES
Open
₦25.5000
High
₦27.9500
Low
₦27.9500
Volume
484226
52-Week High
₦39.6000
52-Week Low
₦20.0000
Price History — NEM
No historical data yet
Data is updated daily after market close.
Fundamentals
- Market Cap
- —
- Shares Outstanding
- 5016477767
- P/E Ratio
- 8.4900
- EPS
- 3.0000
- Dividend Yield
- 5.8800%
- Price to Book
- —
- ROE
- —
Technical Indicators PRO
- RSI
- 47.6129
- MACD
- -1.2624
- MACD Signal
- -1.1412
- MACD Histogram
- -0.1212
- MA 10 / 20 / 50
- 26.5250 / 28.4475 / 29.7900
- MA 100 / 200
- 30.9215 / 24.3865
About NEM INSURANCE PLC (NEM)
NEM is the NGX ticker symbol for NEM INSURANCE PLC, a company listed in the FINANCIAL SERVICES sector on the Nigerian Exchange Group (NGX). As of the most recent trading session, the stock closed at ₦27.9500 — a move of +9.6100% on the day. Trading volume came in at 484226 shares. Over the past 52 weeks, NEM has traded between ₦20.0000 and ₦39.6000.
NEM — Fundamental Summary
The stock trades at a P/E ratio of 8.4900 — meaning investors are paying ₦8.4900 for every ₦1 of reported earnings. A single-digit P/E can suggest the stock is trading at a low valuation relative to its earnings — though this must be assessed alongside growth prospects and sector context. Earnings per share (EPS) stand at ₦3.0000. The dividend yield is 5.8800% — for every ₦100 invested at the current price, shareholders receive approximately ₦5.8800 in annual dividends.
NEM — Technical Analysis Summary
The 14-period RSI for NEM is 47.6129. A reading below 50 indicates bearish momentum — down-days have outweighed up-days in the most recent 14 sessions. The MACD line stands at -1.2624 against a signal line of -1.1412. The MACD is below its signal line — a classically bearish crossover signal indicating downward momentum. The 50-day moving average is ₦29.7900 and the 200-day moving average is ₦24.3865. The MA50 above the MA200 is a Golden Cross configuration — a long-term bullish signal widely watched by technical traders.