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Fidson Healthcare Plc (NGX: FIDSON) | Share Price

Nigel Firth
Nigel Frith trader
Updated 27 Sep 2022

Fidson Healthcare Plc is a Nigeria-based pharmaceutical manufacturing company listed on the Nigerian Stock Exchange (NGX). The principal activities of Fidson Healthcare Plc are the manufacture and distribution of pharmaceutical products.

Latest Fidson Healthcare Plc Share Price

The graph above shows the latest Fidson Healthcare Plc share price on the Nigerian Stock Exchange. Investors have seen Fidson Healthcare Plc shares perform well historically, and it remains a steady investment. Fidson Healthcare Plc stock is live on the NGX under the stock symbol of FIDSON and is available to trade via several brokers in Nigeria.

Overview of Fidson Healthcare Plc

Today, Fidson Healthcare Plc’s portfolio of products and services are diversified in more sectors of the health care value chain and include the following: manufacturing and sales of pharmaceutical and nutraceutical products including over-the-counter, ethical and consumer products. The company produces various drug classes for antacid and ulcer care, anti-diabetic, anti-malaria, anti-diarrhea, anti-psychotic as well as osteo-care, pain relief, colds and flu, thrombo-prophylactics and cardio-vascular products. Fidson Healthcare Limited also produces a range of nutraceuticals (health) products.

The history of Fidson Healthcare Plc goes back to 1995 when it was founded, and it listed on 6 April 2008.

Fidson Healthcare Plc has its head offices at 268 Ikorodu Road, Obanikoro, Shomolu, Lagos, Nigeria and the current CEO of Fidson Healthcare Plc is Fidelis A. Ayebae.

Fidson Healthcare Plc’s equity stocks are for sale online on the Nigerian Stock Exchange (NGX) under the stock symbol FIDSON.

Fidson Healthcare Plc forms part of the Biotechnology & Drugs Industry and the Health Care Sector of the Nigerian Stock Exchange (NGX).


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Fidson Healthcare Plc Stock Performance

The current price, at the time of writing, for Fidson Healthcare Plc stocks on the Nigerian Stock Exchange (NGX) is 6.15 Nigerian Naira (NGN).

An analysis of financial data of Fidson Healthcare Plc showed that the company has a total market capitalisation of 12.8 Billion NGN, with a Price/Earning ratio of 9.61 and earnings per share of 0.64 NGN.  A total of 2.09 Billion shares were outstanding.

Fidson Healthcare Plc showed profits of 3,093 million NGN, up from 2,842 million NGN for the previous quarter, for the second quarter that ended in June. Its total revenue for the second quarter was 6,574 million NGN, an improvement from the 6,320 million NGN.

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

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

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Highlights of Fidson Healthcare Plc in 2021

Fidson Healthcare Plc started the current financial year (2021) with a share price of 4.50 Nigerian Naira (NGN) on the Nigerian Stock Exchange (NGX), and it has gained 36.7 % in value on its price valuation, ranking 32nd on the NGX with its year-to-date performance.

Fidson Healthcare Plc is currently the 74th most-traded stock on the NGX and it has experienced a total trading volume of more than 17.9 million shares, which were finalised in 973 deals and were valued at a total of 108 million Nigerian Naira (NGN) over the recent three month period from July to October 2021, with an average of 284,814 shares in each trading session.

During the same period a volume high of 2.05 million was achieved on 27 July and a low of 2,205 on 11 August.

How to buy Fidson Healthcare 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 Fidson Healthcare 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, “FIDSON”.
  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.