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Custodian Investment Plc (NGX: CUSTODIAN) | Share Price

Nigel Firth
Nigel Frith trader
Updated 27 Sep 2022

Overview of Custodian Investment Plc

Custodian Investment Plc is a Nigeria-based holding company listed on the Nigerian Stock Exchange (NGX) that renders financial services, general and special risks insurance business. Custodian Custodian Investment Plc was previously known as Custodian and Allied Plc.

Custodian Investment Plc has significant holding in brands like Custodian and Allied Insurance Limited, Custodian Life Assurance Limited, Custodian Trustees, Crusader Sterling Pensions Limited and UPDC Plc.

Custodian Investment Plc is managed by a board of thoroughbred professionals with proven track records in their various fields, who bring broad and deep experience from several years of fruitful service to the Company.


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Today, Custodian Investment Plc’s portfolio of products and services are diversified in more sectors of the financial value chain and include the following: general insurance including motor insurance, travel insurance, home shield and portal home. Its life insurance includes Safety Plus, Esusu, Dignity and Portal Home.

The history of Custodian Investment Plc goes back to its foundation in 1991. The company listed on 12 June 2007 and forms part of the Nigeria All-Share Index and Nigeria Pension Index.

Custodian Investment Plc has its head offices at 16A Commercial Avenue, Sabo, Yaba, Lagos State, Nigeria.

Custodian Investment Plc renders its services from branches in Benin, Calabar, Owerri, Abuja, Port Harcourt, Ibadan, Abeokuta, Akure, Oshogbo, Onitsha, Kaduna, Kano and Asaba.

Custodian Investment Plc is currently led by Omobola Olubusola Johnson as Non-Executive Chairperson and Oluwole B. Oshin as Group Managing Director and Executive Director.

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

Custodian Investment Plc forms part of the Financial Services Sector and Other Financial Institutions Sub Sector of the Nigerian Stock Exchange (NGX).

Custodian Investment Plc

Custodian Investment Plc Stock Performance

The current price for Custodian Investment Plc stocks on the Nigerian Stock Exchange (NGX) is 6.70 Nigerian Naira (NGN).

An analysis of financial data of Custodian Investment Plc showed that the company has a total market capitalisation of 39.4Billion NGN, with a Price/Earning ratio of 2.04 and earnings per share of 3.29 NGN.

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

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

Highlights of Custodian Investment Plc in 2021

Custodian Investment Plc started the current financial year (2021) with a share price of 5.85 Nigerian Naira (NGN) on the Nigerian Stock Exchange (NGX), and it has gained 14.5 % in value on its price valuation, ranking 47th on the NGX with its year-to-date performance.

Custodian Investment Plc is currently the 41st most-traded stock on the NGX and it has experienced a total trading volume of more than 65.9 million shares, which were finalised in 1,388 deals and were valued at a total of 410 million Nigerian Naira (NGN) over the recent three month period from July to September 2021, with an average of 1.05 million shares in each trading session.

During the same period the highest volume of 10.8 million was achieved on one single day.

How to buy Custodian Investment 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 Custodian Investment 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, “CUSTODIAN”.
  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.

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.