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Learn Africa Plc (NGX: LEARNAFRCA) | Share Price

Nigel Firth
Nigel Frith trader
Updated 20 May 2024

Learn Africa Plc is a Nigerian company listed on the Nigerian Stock Exchange (NGX) that publishes and distributes educational material for the pre-primary, primary, secondary and tertiary education sectors in the country and markets reference material, professional material, and general reading material. Learn Africa Plc also provides teacher training, education development programmes, digital content and educational consultancy services.

Overview of Learn Africa Plc

Today, Learn Africa Plc’s portfolio of products and services are diversified in more sectors of the Consumer Services value chain and include the following: publishing and distribution of educational materials for all levels of learning, including pre-primary, primary, secondary, tertiary and professional.

The history of Learn Africa Plc goes back to 1961 when it was first founded, as Longman Nigeria. The company was wholly-owned by Longman Group UK Limited, which is now known as Pearson Education. Pearson and Longman Nigeria mutually agreed to become separate corporate entities in 2011. It was first listed on 1 January 1971.

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Learn Africa Plc

LearnAfrica

Learn Africa Plc has its head offices at Felix Iwerebon House, 52 Oba Akran Avenue, Ikeja, Lagos, Nigeria. The company renders its services mainly in Nigeria.

The current CEO and managing director of Learn Africa Plc is Salisu Bala Hassan.

Learn Africa Plc’s equity stocks are for sale online on the Nigerian Stock Exchange (NGX) under the stock symbol LEARNAFRCA.

Learn Africa Plc forms part of the Printing and Publishing Industry and the Consumer Services Sector of the Nigerian Stock Exchange (NGX).

Learn Africa Plc Stock Performance

The current price for Learn Africa Plc stocks on the Nigerian Stock Exchange (NGX) is 1.26 Nigerian Naira (NGN).

An analysis of financial data of Learn Africa Plc showed that the company has a total market capitalisation of 972 Million NGN, with a Price/Earning ratio of 2.47 and earnings per share of 0.51 NGN.

With an increase of earnings per share and reliable profits over a period, investors who want to buy or sell Learn Africa Plc stocks can look forward to more profitable dividends and earnings in times to come.

According to an analysis on the live chart of Learn Africa Plc, analysts forecast further improved performance for the Consumer Services sector with market share growing as trading volumes increase.

Back To 2021 – Highlights of Learn Africa Plc

Learn Africa Plc started the current financial year (2021) with a share price of 1.00 Nigerian Naira (NGN) on the Nigerian Stock Exchange (NGX), and it has gained 26 % in value on its price valuation, ranking 38th on the NGX with its year-to-date performance.

Learn Africa Plc is currently the 80th most-traded stock on the NGX and it has experienced a total trading volume of more than 12.4 million shares, which were finalised in 729 deals and were valued at a total of 16.5 million Nigerian Naira (NGN) over the recent three month period from September to December 2021, with an average of 196,538 shares in each trading session.

During the same period a volume high of 894,438 was achieved on October 4and a low of 606 on October 22.

Learn Africa - How To Trade

How to buy Learn Africa Plc stocks – Step by Step

The stock market is one of the most attractive financial markets that sees millions of retail investors and traders participating daily. To buy, sell or trade Learn Africa Plc stocks on the Nigerian Stock Exchange (NGX), traders and investors can follow a few simple steps:

  1. Find the share that you want to buy, in this case, “LEARNAFRCA”.
  2. Select a forex broker that offers access to the Nigerian Stock Exchange (NGX).
  3. Review the broker’s trading conditions, fees, deposit and withdrawal methods, trading platform, customer support, regulation, and other components to ensure that they are aligned with your trading plan.
  4. Open a live trading account with the broker by completing the online application form and providing the necessary documentation to verify the trading account.
  5. Once your account has been activated, you are ready to make your first share purchase through the broker.
  6. From here you can start to build and diversify your portfolio by buying more shares.

FAQs

The Nigerian Stock Exchange (NGX) (officially the Nigerian Exchange Group) is a leading integrated market organisation in Africa servicing the continent’s largest economy, that of Nigeria. The Exchange provides capital access to companies that seek to take advantage of the financial markets to fund their business expansion. The NGX also provides its collection of domestic, regional, and international investors with an array of regulated securities to achieve their investment objectives.

The NGX publishes the benchmark, value-weighted All-Share Index (ASI), formulated in January 1984 with a base value of 100 and which tracks the general market movement of all listed equities on the Exchange.

The NGX30 and NGX50 are additional indices that track the top 30 and 50 companies in terms of market capitalization and liquidity respectively. Only fully paid-up common shares weighted by adjusted market capitalization are admitted to these indices.

In March 2021, the Nigerian Stock Exchange was transformed into a shareholder-owned, profit making entity, the Nigerian Exchange Group Plc, when it was demutualised from a member-owned not-for-profit entity.

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Nigel Firth
Nigel Frith trader
Nigel has been in the regulated financial services industry for nearly a decade, has previously owned a financial brokerage and has written many times for sites relating to personal finance and trading.
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