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Omatek Ventures Plc (NGX: OMATEK) Share Price

Nigel Firth
Nigel Frith trader
Updated 27 Sep 2022

Omatek Ventures Plc is a Nigeria-based holding company listed on the Nigerian Stock Exchange (NGX) with interests in subsidiaries and associates involved in computer equipment manufacturing, distribution, selling, and servicing, as well as engineering services.

Omatek Ventures Plc was the first company in Nigeria to build computer cases, speakers, keyboards, and mouse accessories.

Latest Omatek Ventures Plc Share Price

The graph above shows the latest Omatek Ventures Plc share price on the Nigerian Stock Exchange. Investors have seen Omatek Ventures Plc shares perform not very well historically, and it remains not a steady investment. Omatek Ventures Plc stock is live on the NGX under the stock symbol of OMATEK and is available to trade via several brokers in Nigeria.

Overview of Omatek Ventures Plc

Today, Omatek Ventures Plc’s portfolio of products and services are diversified in more sectors of the Technology value chain and include the following: Omatek Ventures Plc sells a variety of servers, casings, and LCD screens, as well as computer accessories such as CRT monitors, fingerprint scanners, wireless routers, notebooks and tablets, DVDs, plasma televisions, desktop computers, speakers, and LED screens. UPS, solar panels, and corn LED lights are among its power products. The company’s headquarters are in Lagos, Nigeria.

The history of Omatek Ventures Plc goes back to 1988 when the company was established, and it was listed on the Nigerian Stock Exchange (NGX) on January 27, 2009.

Omatek Ventures Plc has its head offices at 11 Kudirat Abiola way, Oregun, Nigeria.

The current CEO or managing director of Omatek Ventures Plc is Yemi Ogundipe.

Omatek Ventures Plc’s equity stocks are for sale online on the Nigerian Stock Exchange (NGX) under the stock symbol OMATEK. OMATEK stock have five market competitors who are also engaged in the Technology sector on the Nigerian Stock Exchange.

Omatek Ventures Plc forms part of the Computer Hardware Industry and the Technology Sector of the Nigerian Stock Exchange (NGX).


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Omatek Ventures Plc

Omatek Ventures Plc Stock Performance

The current price for Omatek Ventures Plc stocks on the Nigerian Stock Exchange (NGX) is 0.20 Nigerian Naira (NGN).

An analysis of financial data of Omatek Ventures Plc showed that the company has a total market capitalisation of 588 Million NGN with a P/Earnings ratio of 2.00 and earnings per share of 0.10 NGN. A total of 2.94 Billion shares are outstanding.

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

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

Omatek-Ventures-Shares

Highlights of Omatek Ventures Plc in 2021/2022

Omatek Ventures Plc is currently the 118th most-traded stock on the NGX and it has experienced a total trading volume of 208 916 shares, which were finalised in 22 deals and were valued at a total of 41 783 Nigerian Naira (NGN) over the recent three month period from October 2021 to January 2022, with an average of 3 316 shares in each trading session.

During the same period a volume high of 100 000 was achieved on November 15 2021.

How to buy Omatek Ventures 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 Omatek Ventures 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, “OMATEK”.
  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.

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.