Skyway Aviation Handling Co. Plc (NGX: SKYAVN) | Share Price

Updated 27 Sep 2022

Skyway Aviation Handling Co. Plc (SKYAVN) is a service provider listed on the Nigerian Stock Exchange (NGX) that is 100% owned by the Sifax Group and incorporated as an Aviation Ground Handling Service Provider under the Nigerian Company & Allied Matters Act of 1990.

Latest Skyway Aviation Handling Co. Plc Share Price

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

Overview of Skyway Aviation Handling Co. Plc

Today, Skyway Aviation Handling Co. Plc’s portfolio of products and services are diversified in more sectors of the Industrials value chain and include the following: Skyway Aviation Handling Co. Plc is involved in all the actions that take place from the time an aircraft touches down on the tarmac to the time it is airborne. It also ensures that the right assignment is carried out in an efficient, speedy and safe manner, deploying the right tools.

The history of Skyway Aviation Handling Co. Plc goes back to 2009 when it was first founded, and it had been listed on April 26, 2019.

Skyway Aviation Handling Co. Plc had its origin in the liquidated Nigeria Airways Limited as part of the Nigerian Federal Ministry of Aviation’s reform of 1996. SAHCOL was formerly known as Skypower Aviation Handling Company Plc before it was privatised and handed over to the Sifax Group on the 23rd of December 2009.

Skyway Aviation Handling Co. Plc has its head offices at Cargo Terminal, Muritala Mohammed Intl. Airport, P.M.B. 21768, Ikeja, Lagos, Nigeria.

The current CEO or managing director of Skyway Aviation Handling Co. Plc is Basil Agboarumi.

Skyway Aviation Handling Co. Plc’s equity stocks are for sale online on the Nigerian Stock Exchange (NGX) under the stock symbol SKYAVN.

Skyway Aviation Handling Co. Plc forms part of the Industrials sector, specifically, the Aviation industry of the Nigerian Stock Exchange (NGX).

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Skyway Aviation Handling Co. Plc Stock Performance

The current price for Skyway Aviation Handling Co. Plc stocks on the Nigerian Stock Exchange (NGX) is 5.80 Nigerian Naira (NGN).

An analysis of financial data of Skyway Aviation Handling Co. Plc showed that the company has a total market capitalisation of 7.85 Billion NGN, and the number of shares outstanding is 1.35 Billion.

SKYAVN stock has accrued 19% over the past four-week period, 14th best on NGX.

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

According to an analysis on the live chart of Skyway Aviation Handling Co. Plc, analysts forecast further improved performance for the Industrials sector with market share growing as trading volumes increase.

Highlights of Skyway Aviation Handling Co. Plc in 2021/2022

Skyway Aviation Handling Co. Plc started the current financial year (2021) with a share price of 5.30 Nigerian Naira (NGN) on the Nigerian Stock Exchange (NGX), and it has gained 9.43 % in value on its price valuation, ranking 24th on the NGX with its year-to-date performance.

Skyway Aviation Handling Co. Plc is currently the 108th most-traded stock on the NGX and it has experienced a total trading volume of 978,017 shares, which were finalised in 89 deals and were valued at a total of 5.19 million Nigerian Naira (NGN) over the recent three month period from October 2021 to January 2022, with an average of 15,524 shares in each trading session.

During the same period a volume high of 205,005 was achieved on January 24.

How to buy Skyway Aviation Handling Co. 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 Skyway Aviation Handling Co. Plc stocks on the Nigerian Stock Exchange (NGX), traders and investors can follow a few simple steps:

Find the share that you want to buy, in this case, “SKYAVN”.
Select a forex broker that offers access to the Nigerian Stock Exchange (NGX).
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.
Open a live trading account with the broker by completing the online application form and providing the necessary documentation to verify the trading account.
Once your account has been activated, you are ready to make your first share purchase through the broker.
From here you can start to build and diversify your portfolio by buying more shares.

FAQs

What is the NGX?

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.

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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.