Regency Alliance Insurance Plc is an insurance company listed on the Nigerian Stock Exchange (NGX) that is licensed to cover all classes of non-life insurance, and it also has business interests in property investments.
Overview of Regency Alliance Insurance Plc
Regency Alliance Insurance Plc is a holding company of RIC Properties & Investment Limited.
Today, Regency Alliance Insurance Plc’s portfolio of products and services are diversified in more sectors of the Financials value chain and include the following: Real estate development and leasing, finance leasing, retail and microfinance banking and vehicle tracking and fleet management services, the covering of aviation, bonds, goods in transit, motor vehicles, employer’s liability, plant and industrial all-risk, marine, oil and energy, contractor all-risk, director’s liability, fidelity guaranty, professional indemnity, public liability, erection all-risk, machinery breakdown, business interruption, burglary, personal accident and fire and special perils insurance as well as occupier’s and builder’s liability, healthcare professionals, motor third party insurance and property and family protection insurance.
The history of Regency Alliance Insurance Plc goes back to 1993 when the company was established, and it was listed on the Nigerian Stock Exchange (NGX) on May 27, 2008.
Regency Alliance Insurance Plc has its head offices at 2 Ebun Street, Gbagada Expressway Phase 1, Gbagada, Lagos, Nigeria.
The current CEO or managing director of Regency Alliance Insurance Plc is Biyi Otegbeye.
Regency Alliance Insurance Plc's equity stocks are for sale online on the Nigerian Stock Exchange (NGX) under the stock symbol REGALINS.
Regency Alliance Insurance Plc forms part of the Insurance Industry and the Financials Sector of the Nigerian Stock Exchange (NGX).
Regency Alliance Insurance Plc Stock Performance
The current price for Regency Alliance Insurance Plc stocks on the Nigerian Stock Exchange (NGX) is 0.41 Nigerian Naira (NGN).
An analysis of financial data of Regency Alliance Insurance Plc showed that the company has a total market capitalisation of 2.73 Billion NGN, and the number of shares outstanding is 6.67 Billion.
With an increase of earnings per share and reliable profits over a period, investors who want to buy or sell Regency Alliance Insurance Plc stocks can look forward to more profitable dividends and earnings in times to come.
According to an analysis on the live chart of Regency Alliance Insurance Plc, analysts forecast further improved performance for the Financials sector with market share growing as trading volumes increase.
Highlights of Regency Alliance Insurance Plc in 2021/2022
Regency Alliance Insurance Plc started the current financial year (2021) with a share price of 0.51 Nigerian Naira (NGN) on the Nigerian Stock Exchange (NGX), and it has lost 19.6 % in value on its price valuation, ranking 85th on the NGX with its year-to-date performance.
Regency Alliance Insurance Plc is currently the 35th most-traded stock on the NGX and it has experienced a total trading volume of more than 130 million shares, which were finalised in 678 deals and were valued at a total of 53.6 million Nigerian Naira (NGN) over the recent three month period from October 2021 to January 2022, with an average of 2.07 million shares in each trading session.
During the same period a volume high of 10.5 million was achieved on December 30.
How to buy Regency Alliance Insurance 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 Regency Alliance Insurance 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, “REGALINS”.
- 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.
