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EkoCorp Plc (NGX: EKOCORP) | Share Price

Nigel Firth
Nigel Frith trader
Updated 30 Apr 2024

EkoCorp Plc is a Nigeria-based company listed on the Nigerian Stock Exchange (NGX).

EkoCorp Plc provides hospital and medical care services in Nigeria through direct health and medical insurance carriers, including medical practitioners, dieticians, diabetic nurse educators, foot care specialists, ophthalmologists and consultant services.


Overview of EkoCorp Plc

EkoCorp Plc also provides extended cover protection for dread disease, medical complications as well as general life insurance cover while a subsidiary manufactures a range of pharmaceutical preparations.

EkoCorp Plc

Today, EkoCorp Plc’s portfolio of products and services are diversified in more sectors of the healthcare value chain and include the following: General surgery, Orthopaedic Surgery and grammatology, audiology, speech therapy, dental surgery, ophthalmology, radiology, physical medicine, endoscopy, anaesthesia, and several others.

The history of EkoCorp Plc goes back to 1991 when it was founded. It listed on 24 March 1994.

EkoCorp Plc has its head offices at 31 Mobolaji Bank Anthony Way, Ikeja, Nigeria.

The acting CEO of EkoCorp Plc is Ademolu Owoyele, assisted by Olusola M. Babalola as Chief Financial Officer and Ifeanyi Obiora as Chief Operations Officer.

EkoCorp Plc's equity stocks are for sale online on the Nigerian Stock Exchange (NGX) under the stock symbol EKOCORP.

EkoCorp Plc forms part of the Healthcare Facilities Industry and the Healthcare Sector of the Nigerian Stock Exchange (NGX).

EkoCorp Plc

EkoCorp Plc Stock Performance

The current price at the time of writing for EkoCorp Plc stocks on the Nigerian Stock Exchange (NGX) is 5.79 Nigerian Naira (NGN).

EkoCorp Plc currently has a total market capitalisation of 2.89 Billion NGN, with a Price/Earning ratio of 0 and earnings per share of 0 NGN. The dividend per share of EKOCORP was 0 NGN and its dividend yield was 0.  A total of 499 Million shares were outstanding.

An analysis of financial data, EkoCorp Plc showed that profits for the second quarter of 2021, which ended in June, was 19.15 million NGN, with gross profits of 19.83 million NGN.

EkoCorp Plc’s net income before taxes was 4.28 million NGN, and net income after taxes was 4.28 million NGN. The diluted net income for EkoCorp Plc for the second quarter was 4.28 million NGN.

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

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

Highlights of EkoCorp Plc in 2021

EkoCorp Plc started the current financial year (2021) with a share price of 6.00 Nigerian Naira (NGN) on the Nigerian Stock Exchange (NGX), and it has lost 3.5 % in value on its price valuation, ranking 115th on the NGX with its year-to-date performance.

EkoCorp Plc is currently the 52nd most-traded stock on the NGX and it has experienced a total trading volume of more than 40 million shares, which were finalised in 16 deals and were valued at a total of 232 million Nigerian Naira (NGN) over the recent three month period from July to October 2021, with an average of 635,381 shares in each trading session.

During the same period a volume high of 40 million was achieved on 20 September.

How to buy EkoCorp 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 EkoCorp 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, “EKOCORP”.
  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.


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.

Nigel Firth
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.