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NEM

₦30.9500 +0.0000%

NEM INSURANCE PLC · FINANCIAL SERVICES

Open

₦30.9500

High

₦0.0000

Low

₦0.0000

Volume

288068

52-Week High

₦36.0000

52-Week Low

₦22.5500

Price History — NEM

Fundamentals

Market Cap
Shares Outstanding
5016477767
P/E Ratio
5.8700
EPS
5.2700
Dividend Yield
5.0000%
Price to Book
ROE

Technical Indicators PRO

RSI
49.3508
MACD
-0.0620
MACD Signal
0.2339
MACD Histogram
-0.2959
MA 10 / 20 / 50
31.0950 / 32.0050 / 30.0450
MA 100 / 200
30.7640 / 27.6047

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 ₦30.9500 — a move of +0.0000% on the day. Trading volume came in at 288068 shares. Over the past 52 weeks, NEM has traded between ₦22.5500 and ₦36.0000.

NEM — Fundamental Summary

The stock trades at a P/E ratio of 5.8700 — meaning investors are paying ₦5.8700 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 ₦5.2700. The dividend yield is 5.0000% — for every ₦100 invested at the current price, shareholders receive approximately ₦5.0000 in annual dividends.

NEM — Technical Analysis Summary

The 14-period RSI for NEM is 49.3508. A reading below 50 indicates bearish momentum — down-days have outweighed up-days in the most recent 14 sessions. The MACD line stands at -0.0620 against a signal line of 0.2339. The MACD is below its signal line — a classically bearish crossover signal indicating downward momentum. The 50-day moving average is ₦30.0450 and the 200-day moving average is ₦27.6047. The MA50 above the MA200 is a Golden Cross configuration — a long-term bullish signal widely watched by technical traders.

Frequently Asked Questions about NEM

What is NEM stock on the Nigerian Exchange?
NEM is the NGX ticker for NEM INSURANCE PLC, listed in the FINANCIAL SERVICES sector on the Nigerian Exchange. The stock last closed at ₦30.9500, with a 52-week range of ₦22.5500 – ₦36.0000.
What is the current price of NEM INSURANCE PLC (NEM)?
NEM last closed at ₦30.9500, a change of +0.0000% on the day. The session high was ₦0.0000 and the low was ₦0.0000. Trading volume was 288068 shares.
Does NEM pay dividends?
NEM INSURANCE PLC has a dividend yield of 5.0000%. For every ₦100 invested at the current price, an investor receives approximately ₦5.0000 in annual dividends.
What do the technical indicators say about NEM?
NEM has an RSI of 49.3508. An RSI between 30 and 70 indicates neutral momentum — neither overbought nor oversold. The MACD is -0.0620 with a signal line of 0.2339. A negative MACD crossover can signal bearish momentum.
How is NEM valued fundamentally?
P/E Ratio: 5.8700 — investors are paying ₦5.8700 for every ₦1 of earnings. EPS: ₦5.2700 — earnings per share.