Overvalued stocks — Nigerian Stock Market

Stocks that have significantly increased in price due to a large demand are called overbought. This is often the case when there are too many buyers who push the price so high that it can’t be justified by company financials. When sellers start outweighing buyers, the price can change its direction. Another scenario that causes stocks to become overbought is when a company buys back its own stocks. Be careful when buying overvalued stocks as there could be a retracement.

OverviewPerformanceValuationDividendsMarginsIncome StatementBalance SheetOscillatorsTrend-Following
Ticker
Last
Chg %
Chg
Technical Rating
Vol
Volume*Price
Mkt Cap
P/E
EPS (TTM)
EMPLOYEES
Sector
ABBEYBDSABBEY BUILDING SOCIETY PLC
1.50NGN9.49%0.13NGN
Strong Buy
4.099M6.149M13.911BNGN23.220.06NGNFinance
ARDOVAARDOVA PLC
15.00NGN−1.32%−0.20NGN
Buy
540.606K8.109M19.713BNGN−1.26NGNEnergy Minerals
BUACEMENTBUA CEMENT PLC
74.25NGN0.00%0.00NGN
Buy
135.725K10.078M2.514TNGN24.533.03NGNNon-Energy Minerals
CADBURYCADBURY PLC - NIGERIA
17.55NGN3.54%0.60NGN
Strong Buy
3.792M66.541M31.836BNGN91.970.18NGNConsumer Non-Durables
CAPCHEMICAL AND ALLIED PRODUCTS PLC
21.90NGN0.00%0.00NGN
Buy
133.389K2.921M17.263BNGN14.551.51NGN253Process Industries
CHELLARAMCHELLARAMS PLC.
2.24NGN0.00%0.00NGN
Sell
4.187K9.379K1.619BNGN−4.62NGNProducer Manufacturing
CONOILCONOIL PLC
31.50NGN0.00%0.00NGN
Buy
344.222K10.843M21.859BNGN6.804.63NGN185Distribution Services
CUSTODIANCUSTODIAN INVESTMENT PLC
7.45NGN0.00%0.00NGN
Buy
562.66K4.192M43.82BNGN3.821.95NGN489Finance
DANGCEMDANGOTE CEMENT PLC
300.00NGN0.00%0.00NGN
Buy
324.02K97.206M5.1TNGN14.1421.22NGN17.747KNon-Energy Minerals
ETRANZACTE TRANZACT INTERNATIONAL PLC
3.00NGN0.00%0.00NGN
Buy
31.632K94.896K19.904BNGN0.06NGNTechnology Services
FIDSONFIDSON HEALTHCARE PLC
11.55NGN−4.15%−0.50NGN
Buy
743.372K8.586M25.141BNGN8.161.48NGN478Health Technology
IMGINDUSTRIAL & MEDICAL GASES NIGERIA PLC
9.45NGN0.00%0.00NGN
Buy
4.5K42.525K3.934BNGN8.891.06NGN85Process Industries
JAIZBANKJAIZ BANK PLC
0.90NGN1.12%0.01NGN
Strong Buy
172.146M154.932M30.742BNGN6.930.13NGN735Finance
JBERGERJULIUS BERGER PLC - NIGERIA
30.50NGN2.35%0.70NGN
Buy
1.576M48.067M47.68BNGNIndustrial Services
LEARNAFRCALEARN AFRICA PLC
2.50NGN0.00%0.00NGN
Buy
30.95K77.375K1.057BNGN5.230.48NGNConsumer Services
MAYBAKERMAY AND BAKER PLC - NIGERIA
5.00NGN0.00%0.00NGN
Buy
505.529K2.528M8.626BNGN8.220.61NGNHealth Technology
MCNICHOLSMCNICHOLS PLC
1.61NGN9.52%0.14NGN
Strong Buy
107.4K172.914KProcess Industries
MEYERMEYER PLC.
3.00NGN0.00%0.00NGN
Buy
20.682K62.046K1.594BNGN49.180.06NGN63Process Industries
MORISONMORISON INDUSTRIES PLC
2.18NGN0.00%0.00NGN
Buy
1.299K2.832K2.156BNGNHealth Technology
MTNNMTN NIGERIA COMMUNICATIONS PLC
255.50NGN−1.73%−4.50NGN
Buy
2.445M624.624M5.292TNGN16.4515.81NGN1.699KCommunications
NAHCONIGERIAN AVIATION HANDLING CO PLC
6.79NGN0.00%0.00NGN
Buy
1.906M12.943M11.028BNGN14.840.46NGNTransportation
NBNIGERIAN BREWERIES PLC
77.00NGN0.00%0.00NGN
Buy
52.253K4.023M621.839BNGN33.272.31NGN2.74KConsumer Non-Durables
NCRNCR PLC - NIGERIA
3.99NGN0.00%0.00NGN
Buy
520430.92MNGN57.080.07NGN153Technology Services
NNFMNORTHERN NIGERIA FLOUR MILLS PLC
11.95NGN9.63%1.05NGN
Strong Buy
521.3K6.23M1.942BNGN7.931.37NGN63Process Industries
OKOMUOILOKOMU OIL PALM CO PLC
215.00NGN0.00%0.00NGN
Buy
873.834K187.874M205.091BNGN13.0116.53NGN426Process Industries
PRESCOPRESCO PLC
200.00NGN0.00%0.00NGN
Buy
555.904K111.181M200BNGN10.3619.31NGNProcess Industries
PZPZ CUSSONS NIGERIA PLC
13.25NGN9.96%1.20NGN
Strong Buy
2.042M27.055M47.844BNGN8.421.43NGN1.182KConsumer Non-Durables
SFSREITSFS REAL ESTATE INVESTMENT TRUST
77.00NGN0.00%0.00NGN
Buy
1.602K123.354K1.54BNGN8.888.67NGNFinance
SKYAVNSKYWAY AVIATION HANDLING COMPANY PLC
7.00NGN0.00%0.00NGN
Buy
1971.379K9.475BNGN51.090.14NGN1.086KTransportation
TANTALIZERTANTALIZERS PLC
0.20NGN0.00%0.00NGN
Neutral
500100642.326MNGN−0.11NGNConsumer Services
TRANSCORPTRANSNATIONAL CORPORATION OF NIGERIA PLC
1.42NGN1.43%0.02NGN
Strong Buy
140.076M198.908M56.907BNGN3.710.38NGN1.374KUtilities
UACNUAC PLC - NIGERIA
14.40NGN0.00%0.00NGN
Buy
944.691K13.604M41.491BNGN20.930.69NGN1.469KConsumer Non-Durables
UPLUNIVERSITY PRESS PLC
2.90NGN0.00%0.00NGN
Buy
51.76K150.104K1.251BNGN3.480.83NGNConsumer Services