National Saltnigeria | NASCON

Stock Price
90.50
Daily Change
0.50 0.56%
Monthly
-9.05%
Yearly
166.18%
Q3 Forecast
90.15

Peers Price Chg Day Year Date
Dangote Sugar Refinery PLC 55.00 0 0% 52.78% Sep/04
Guinness Nigeria 130.00 0 0% 104.72% Sep/04
International Breweries 12.30 1.10 9.82% 156.25% Sep/04
National Saltnigeria 90.50 0.50 0.56% 166.18% Sep/04
Nigerian Breweries 68.50 2.50 3.79% 163.46% Sep/04
Okomu Oil Palm 1,020.00 0 0% 144.19% Sep/04
Presco 1,480.00 0 0% 204.90% Sep/04
Pz Cussons Nigeria 32.00 1.00 3.23% 52.38% Sep/04
Unilever Nigeria 70.00 -3.00 -4.11% 288.89% Sep/04


National Saltnigeria traded at 90.50 this Thursday September 4th, increasing 0.50 or 0.56 percent since the previous trading session. Looking back, over the last four weeks, National Saltnigeria gained 9.05 percent. Over the last 12 months, its price rose by 166.18 percent. Looking ahead, we forecast National Saltnigeria to be priced at 90.15 by the end of this quarter and at 89.10 in one year, according to Trading Economics global macro models projections and analysts expectations.

Nascon Allied Industries Plc is involved in salt refining and distribution. The Company is engaged in the processing of raw salt into refined, edible and industrial salt. The Company produces seasoning, tomato paste and vegetable oil, operating principally in Nigeria. It also produces other food-related products. Its segments include Salt, Seasoning, Tomato, Vegetable Oil and Freight income. Salt retail packs come in various sizes, such as 250grams, 500grams and one kilogram, and are sold under the brand name DANGOTE REFINED SALT. Seasoning are sold under the brand name DANQ, Tomato is sold as DANGOTE TOMATO PASTE, and Vegetable Oil is sold as DANGOTE VEGETABLE OIL. The Company sells its products directly to distributors who redistribute to small wholesalers, confectioners, supermarkets and retailers. The Company provides freight services to customers by transporting salt, tomato paste and vegetable oil purchased to their destinations.