The most 'overvalued' stocks in Nigeria

Stocks that have significantly increased in value due to a large volume of demand are called overbought. This is often the case when there are many more buyers than sellers, whose actions to gain exposure to the asset — come what may — push the price up so high that it can no longer be justified by the company's underlying financials. Another common scenario that causes stocks to become overbought is when a business buys back its own stocks. Just be careful when buying overvalued stocks, as there could be a retracement.

Symbol
RSI (14) 1D
Price
Change % 1D
Change 1D
Technical Rating 1D
Volume 1D
Volume * Price 1D
Market cap
P/E
EPS
(TTM)
Employees
(FY)
Sector
DAARCOMMDAAR COMMUNICATIONS PLC
100.000.20 NGN0.00%0.00 NGN
Neutral
1K200 NGN1.6B NGN−0.08 NGN586Consumer Services
EUNISELLEUNISELL INTERLINKED PLC
100.002.91 NGN0.00%0.00 NGN
Neutral
00 NGN688.796M NGNProducer Manufacturing
NSLTECHSECURE ELECTRONIC TECHNOLOGY PLC
100.000.26 NGN0.00%0.00 NGN
Buy
00 NGN1.464B NGN−0.01 NGN49Consumer Services
ETRANZACTE TRANZACT INTERNATIONAL PLC
100.003.94 NGN0.00%0.00 NGN
Buy
4.047K15.945K NGN36.248B NGN22.480.18 NGNTechnology Services
PREMPAINTSPREMIER PAINTS PLC
100.0010.00 NGN0.00%0.00 NGN
Buy
00 NGN1.23B NGNProcess Industries
BUAFOODSBUA FOODS PLC
99.96117.00 NGN0.00%0.00 NGN
Buy
15.012K1.756M NGN2.106T NGN19.226.09 NGNProcess Industries
LEARNAFRCALEARN AFRICA PLC
99.962.42 NGN0.00%0.00 NGN
Buy
62150 NGN1.057B NGN4.760.51 NGNConsumer Services
SFSREITSFS REAL ESTATE INVESTMENT TRUST
99.9377.00 NGN0.00%0.00 NGN
Neutral
69.683K5.366M NGN1.54B NGN7.5910.14 NGNFinance
TRIPPLEGTRIPPLE GEE AND COMPANY PLC
99.923.90 NGN9.55%0.34 NGN
Strong Buy
282.29K1.101M NGN1.93B NGN16.220.24 NGN110Commercial Services
ELLAHLAKESELLAH LAKES PLC
99.844.00 NGN0.00%0.00 NGN
Buy
70K280K NGN12B NGN−0.34 NGNProcess Industries
MEYERMEYER PLC.
99.722.43 NGN0.00%0.00 NGN
Buy
90219 NGN1.291B NGN74.770.03 NGN109Process Industries
TOTALTOTALENERGIES MARKETING NIGERIA PLC
98.63249.00 NGN0.00%0.00 NGN
Strong Buy
349.628K87.057M NGN84.541B NGN5.3146.88 NGNRetail Trade
MRSMRS OIL PLC - NIGERIA
97.6940.80 NGN0.00%0.00 NGN
Buy
245.518K10.017M NGN13.99B NGN4.858.42 NGNDistribution Services
NNFMNORTHERN NIGERIA FLOUR MILLS PLC
96.6613.05 NGN0.00%0.00 NGN
Buy
2.5K32.625K NGN2.326B NGN12.571.04 NGN60Process Industries
ENAMELWANIGERIAN ENAMELWARE CO PLC
96.0917.75 NGN0.00%0.00 NGN
Neutral
00 NGN1.35B NGN−4.14 NGNConsumer Durables
JOHNHOLTJOHN HOLT PLC
93.691.91 NGN0.00%0.00 NGN
Buy
25K47.75K NGN743.279M NGN−0.72 NGN98Consumer Services
NESTLENESTLE PLC - NIGERIA
92.491148.00 NGN0.00%0.00 NGN
Buy
84.985K97.563M NGN909.969B NGN19.2859.54 NGN2.32KConsumer Non-Durables
JBERGERJULIUS BERGER PLC - NIGERIA
91.4631.50 NGN0.00%0.00 NGN
Buy
499.174K15.724M NGN50.4B NGN14.043KIndustrial Services
MORISONMORISON INDUSTRIES PLC
90.642.17 NGN0.00%0.00 NGN
Buy
21.735K47.165K NGN2.146B NGNHealth Technology
FTNCOCOAFTN COCOA PROCESSORS PLC
89.950.68 NGN9.68%0.06 NGN
Strong Buy
2.307M1.569M NGN2.652B NGN−0.17 NGN63Process Industries
FBNHFBN HOLDINGS PLC
88.6613.85 NGN2.21%0.30 NGN
Strong Buy
6.299M87.248M NGN497.15B NGN2.495.56 NGN8.178KFinance
IKEJAHOTELIKEJA HOTEL PLC
87.942.40 NGN0.00%0.00 NGN
Buy
218.524K524.458K NGN4.989B NGN−1.96 NGNConsumer Services
IMGINDUSTRIAL & MEDICAL GASES NIGERIA PLC
84.558.00 NGN9.59%0.70 NGN
Strong Buy
231.57K1.853M NGN3.996B NGN8.200.98 NGN85Process Industries
TANTALIZERTANTALIZERS PLC
83.230.25 NGN−3.85%−0.01 NGN
Buy
2.355M588.661K NGN802.907M NGN−0.08 NGNConsumer Services
NASCONNASCON ALLIED INDUSTRIES PLC
82.4715.40 NGN10.00%1.40 NGN
Strong Buy
5.195M80.005M NGN40.801B NGN11.871.30 NGNConsumer Non-Durables
CAPCHEMICAL AND ALLIED PRODUCTS PLC
82.1320.00 NGN1.27%0.25 NGN
Strong Buy
982.627K19.653M NGN16.295B NGN8.292.41 NGN253Process Industries
TRANSCOHOTTRANSCORP HOTELS PLC
81.487.50 NGN0.00%0.00 NGN
Buy
47.027K352.703K NGN76.819B NGN34.400.22 NGNConsumer Services
CORNERSTCORNERSTONE INSURANCE CO PLC
80.930.80 NGN0.00%0.00 NGN
Buy
510.382K408.306K NGN14.44B NGN3.930.20 NGN182Finance
RTBRISCOER T BRISCOE PLC
80.860.38 NGN5.56%0.02 NGN
Strong Buy
688.718K261.713K NGN447.016M NGN−1.73 NGNRetail Trade
CHAMSCHAMS PLC
79.980.41 NGN7.89%0.03 NGN
Strong Buy
6.177M2.533M NGN1.925B NGN17.670.02 NGNTechnology Services
ABCTRANSASSOCIATED BUS COMPANY PLC
79.350.44 NGN0.00%0.00 NGN
Strong Buy
13.545K5.96K NGN1.053B NGN−0.00 NGNTransportation
UBAUNITED BANK FOR AFRICA PLC - NIGERIA
79.139.30 NGN6.29%0.55 NGN
Strong Buy
59.406M552.476M NGN318.055B NGN1.805.17 NGN9.597KFinance
UPLUNIVERSITY PRESS PLC
78.782.25 NGN0.00%0.00 NGN
Buy
48.437K108.983K NGN970.671M NGN9.230.24 NGNConsumer Services
GLAXOSMITHGALAXO SMITHKLINE CONSUMER PLC - NIGERIA
78.647.60 NGN9.35%0.65 NGN
Strong Buy
3.736M28.397M NGN9.089B NGN12.420.61 NGN51Health Technology
DANGSUGARDANGOTE SUGAR REFINERY PLC
77.9620.00 NGN3.09%0.60 NGN
Strong Buy
2.886M57.727M NGN242.938B NGN4.144.83 NGNProcess Industries
STANBICSTANBIC IBTC HOLDINGS PLC
77.5239.55 NGN0.00%0.00 NGN
Buy
640.008K25.312M NGN512.449B NGN5.167.67 NGNFinance
LIVESTOCKLIVESTOCK FEEDS PLC
77.231.40 NGN0.00%0.00 NGN
Buy
1.011M1.415M NGN4.2B NGN−0.26 NGN87Process Industries
UACNUAC PLC - NIGERIA
75.439.70 NGN3.19%0.30 NGN
Strong Buy
513.035K4.976M NGN28.383B NGN1.388KConsumer Non-Durables
MANSARDAXAMANSARD INSURANCE PLC
74.053.09 NGN1.31%0.04 NGN
Buy
3.656M11.296M NGN27.262B NGN6.850.45 NGNFinance
MULTIVERSEMULTIVERSE MINING AND EXPLORATION PLC
72.874.09 NGN0.00%0.00 NGN
Buy
53.087K217.126K NGN1.743B NGN4.450.92 NGNNon-Energy Minerals
VITAFOAMVITAFOAM PLC - NIGERIA
72.6620.00 NGN0.00%0.00 NGN
Buy
120.884K2.418M NGN25.017B NGN6.643.01 NGNProcess Industries
ZENITHBANKZENITH BANK PLC
72.3027.00 NGN0.93%0.25 NGN
Strong Buy
50.013M1.35B NGN847.705B NGN3.288.22 NGNFinance
NPFMCRFBKNPF MICROFINANCE BANK PLC
72.081.92 NGN0.00%0.00 NGN
Buy
132.8K254.976K NGN11.506B NGN8.400.23 NGNFinance
CADBURYCADBURY PLC - NIGERIA
72.0716.30 NGN0.00%0.00 NGN
Buy
383.505K6.251M NGN30.615B NGN10.711.52 NGNConsumer Non-Durables
LASACOLASACO ASSURANCE PLC
72.011.47 NGN5.76%0.08 NGN
Strong Buy
4.493M6.605M NGN2.695B NGN4.550.32 NGN152Finance
UBNUNION BANK OF NIGERIA PLC
71.867.40 NGN4.96%0.35 NGN
Strong Buy
675.464K4.998M NGN215.494B NGN4.791.54 NGN2.028KFinance
PZPZ CUSSONS NIGERIA PLC
70.4916.90 NGN0.00%0.00 NGN
Strong Buy
1.025M17.327M NGN67.101B NGN6.082.78 NGN1.04KConsumer Non-Durables
TIPTHE INITIATES PLC
70.300.52 NGN0.00%0.00 NGN
Buy
1K520 NGN462.791M NGN49Commercial Services