TIP
₦30.0000 +0.6700%THE INITIATES PLC · SERVICES
Open
₦29.8000
High
₦30.0000
Low
₦29.8000
Volume
3461491
52-Week High
₦42.3000
52-Week Low
₦10.0000
Price History — TIP
No historical data yet
Data is updated daily after market close.
Fundamentals
- Market Cap
- —
- Shares Outstanding
- 889981552
- P/E Ratio
- 6.3100
- EPS
- 4.7200
- Dividend Yield
- 0.3400%
- Price to Book
- —
- ROE
- —
Technical Indicators PRO
- RSI
- 52.9294
- MACD
- 0.2441
- MACD Signal
- 0.0110
- MACD Histogram
- 0.2331
- MA 10 / 20 / 50
- 29.8800 / 28.5000 / 30.3190
- MA 100 / 200
- 25.2585 / 18.7889
About THE INITIATES PLC (TIP)
TIP is the NGX ticker symbol for THE INITIATES PLC, a company listed in the SERVICES sector on the Nigerian Exchange Group (NGX). As of the most recent trading session, the stock closed at ₦30.0000 — a move of +0.6700% on the day. Trading volume came in at 3461491 shares. Over the past 52 weeks, TIP has traded between ₦10.0000 and ₦42.3000.
TIP — Fundamental Summary
The stock trades at a P/E ratio of 6.3100 — meaning investors are paying ₦6.3100 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 ₦4.7200. The dividend yield is 0.3400% — for every ₦100 invested at the current price, shareholders receive approximately ₦0.3400 in annual dividends.
TIP — Technical Analysis Summary
The 14-period RSI for TIP is 52.9294. A reading above 50 indicates bullish momentum — the stock has gained more on up-days than it has lost on down-days over the past 14 sessions. The MACD line stands at 0.2441 against a signal line of 0.0110. The MACD is above its signal line — a classically bullish crossover signal indicating upward momentum. The 50-day moving average is ₦30.3190 and the 200-day moving average is ₦18.7889. The MA50 above the MA200 is a Golden Cross configuration — a long-term bullish signal widely watched by technical traders.