Livestock Feeds Plc is a Nigeria based company listed on the Nigerian Stock Exchange (NGX) that is involved in the manufacturing and marketing of a range of animal feed products in the country.
Overview of Livestock Feeds Plc
Today, Livestock Feeds Plc’s portfolio of products and services are diversified in more sectors of the Consumer Goods value chain and include the following: manufacturing and marketing of animal feeds and concentrates, through four segments: Aba, Ikeja, Benin and Northern operations. Livestock Feeds Plc offers finished feeds, including mash, starters and finishers, pig creep pellet, pig weaner, pig fattener, pig breeder, mouse cubes, rabbit pellets, dairy cubes, horse or pony cubes, sheep and goat ration, beef cattle ration, pet food and grass cutter pellet, and 30% concentrates.
The history of Livestock Feeds Plc goes back to 1963 when it was established as a subsidiary of Pfizer to provide health and nutritional products for exotic milking cows and hybrid chicken at the time being imported into Nigeria. It was first listed on 26April 1994.
Livestock Feeds Plc has its head offices at 1 Henry Carr Street, Ikeja, Lagos, Nigeria.
The current CEO/managing director of Livestock Feeds Plc is Adegboyega W. Adedeji.
Livestock Feeds Plc's equity stocks are for sale online on the Nigerian Stock Exchange (NGX) under the stock symbol LIVESTOCK.
Livestock Feeds Plc forms part of the Food Processing Industry and the Consumer Goods Sector of the Nigerian Stock Exchange (NGX).
Livestock Feeds Plc Stock Performance
The current price for Livestock Feeds Plc stocks on the Nigerian Stock Exchange (NGX) is 2.03 Nigerian Naira (NGN).
An analysis of financial data of Livestock Feeds Plc showed that the company has a total market capitalisation of 6.09 Billion NGN, with a Price/Earning ratio of 0 and earnings per share of 0 NGN.
With an increase of earnings per share and reliable profits over a period, investors who want to buy or sell Livestock Feeds Plc stocks can look forward to more profitable dividends and earnings in times to come.
According to an analysis on the live chart of Livestock Feeds Plc, analysts forecast further improved performance for the Consumer Goods sector with market share growing as trading volumes increase.
Highlights of Livestock Feeds Plc in 2021
Livestock Feeds Plc started the current financial year (2021) with a share price of 1.39 Nigerian Naira (NGN) on the Nigerian Stock Exchange (NGX), and it has gained 46 % in value on its price valuation, ranking 27th on the NGX with its year-to-date performance.
Livestock Feeds Plc is currently the 28th most-traded stock on the NGX and it has experienced a total trading volume of more than 155 million shares, which were finalised in 2,691 deals and were valued at a total of 341 million Nigerian Naira (NGN) over the recent three month period from September to December 2021, with an average of 2.45 million shares in each trading session.
During the same period a volume high of 12.5 million was achieved on October 5 and a low of 368,010 on November 5.
How to buy Livestock Feeds 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 Livestock Feeds 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, “LIVESTOCK”.
- 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.
