TIP
₦30.8000 +0.3200%THE INITIATES PLC · SERVICES
Open
₦30.8000
High
₦30.9000
Low
₦30.8000
Volume
3723558
52-Week High
₦42.3000
52-Week Low
₦8.9000
Price History — TIP
No historical data yet
Data is updated daily after market close.
Fundamentals
- Market Cap
- —
- Shares Outstanding
- 889981552
- P/E Ratio
- 6.5200
- EPS
- 4.7200
- Dividend Yield
- 0.3200%
- Price to Book
- —
- ROE
- —
Technical Indicators PRO
- RSI
- 55.2029
- MACD
- 0.1038
- MACD Signal
- -0.3178
- MACD Histogram
- 0.4215
- MA 10 / 20 / 50
- 27.9800 / 28.5575 / 30.0850
- MA 100 / 200
- 24.7695 / 18.2072
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 ₦30.8000 — a move of +0.3200% on the day. Trading volume came in at 3723558 shares. Over the past 52 weeks, TIP has traded between ₦8.9000 and ₦42.3000.
TIP — Fundamental Summary
The stock trades at a P/E ratio of 6.5200 — meaning investors are paying ₦6.5200 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 0.3200% — for every ₦100 invested at the current price, shareholders receive approximately ₦0.3200 in annual dividends.
TIP — Technical Analysis Summary
The 14-period RSI for TIP is 55.2029. 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 0.1038 against a signal line of -0.3178. The MACD is above its signal line — a classically bullish crossover signal indicating upward momentum. The 50-day moving average is ₦30.0850 and the 200-day moving average is ₦18.2072. The MA50 above the MA200 is a Golden Cross configuration — a long-term bullish signal widely watched by technical traders.