TIP
₦25.2500 +1.0000%THE INITIATES PLC · SERVICES
Open
₦25.0000
High
₦25.2500
Low
₦25.2000
Volume
3661978
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
- 8.5700
- EPS
- 2.9200
- Dividend Yield
- 1.6000%
- Price to Book
- —
- ROE
- —
Technical Indicators PRO
- RSI
- 45.2924
- MACD
- 0.0456
- MACD Signal
- 0.1017
- MACD Histogram
- -0.0560
- MA 10 / 20 / 50
- 26.3200 / 25.7125 / 25.7880
- MA 100 / 200
- 27.8660 / 23.5342
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 ₦25.2500 — a move of +1.0000% on the day. Trading volume came in at 3661978 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 8.5700 — meaning investors are paying ₦8.5700 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 ₦2.9200. The dividend yield is 1.6000% — for every ₦100 invested at the current price, shareholders receive approximately ₦1.6000 in annual dividends.
TIP — Technical Analysis Summary
The 14-period RSI for TIP is 45.2924. A reading below 50 indicates bearish momentum — down-days have outweighed up-days in the most recent 14 sessions. The MACD line stands at 0.0456 against a signal line of 0.1017. The MACD is below its signal line — a classically bearish crossover signal indicating downward momentum. The 50-day moving average is ₦25.7880 and the 200-day moving average is ₦23.5342. The MA50 above the MA200 is a Golden Cross configuration — a long-term bullish signal widely watched by technical traders.