TIP
₦31.2000 +9.8600%THE INITIATES PLC · SERVICES
Open
₦31.1500
High
₦31.2000
Low
₦30.0000
Volume
61275571
52-Week High
₦42.3000
52-Week Low
₦6.0000
Price History — TIP
No historical data yet
Data is updated daily after market close.
Fundamentals
- Market Cap
- —
- Shares Outstanding
- 889981552
- P/E Ratio
- 6.4000
- EPS
- 4.7200
- Dividend Yield
- 0.3500%
- Price to Book
- —
- ROE
- —
Technical Indicators PRO
- RSI
- 51.6050
- MACD
- 1.5058
- MACD Signal
- 2.5023
- MACD Histogram
- -0.9965
- MA 10 / 20 / 50
- 31.3850 / 32.1075 / 24.9850
- MA 100 / 200
- 20.7960 / 14.7864
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 ₦31.2000 — a move of +9.8600% on the day. Trading volume came in at 61275571 shares. Over the past 52 weeks, TIP has traded between ₦6.0000 and ₦42.3000.
TIP — Fundamental Summary
The stock trades at a P/E ratio of 6.4000 — meaning investors are paying ₦6.4000 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 0.3500% — for every ₦100 invested at the current price, shareholders receive approximately ₦0.3500 in annual dividends.
TIP — Technical Analysis Summary
The 14-period RSI for TIP is 51.6050. 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 1.5058 against a signal line of 2.5023. The MACD is below its signal line — a classically bearish crossover signal indicating downward momentum. The 50-day moving average is ₦24.9850 and the 200-day moving average is ₦14.7864. The MA50 above the MA200 is a Golden Cross configuration — a long-term bullish signal widely watched by technical traders.