P Z Cussons Nigeria Plc is a Nigerian company listed on the Nigerian Stock Exchange (NGX) that manufactures, distributes, and sells a variety of consumer products under various brand names through its own depots. It has over 1,000 distributors and operates in approximately 30 distribution depots across Nigeria.
Overview of PZ Cussons Nigeria Plc
Today, PZ Cussons Nigeria Plc’s portfolio of products and services are diversified in more sectors of the Consumer Goods value chain and include the following: consumer products through owned depots under various brand names, such as detergent, soap, cosmetics, medicaments, confectionery, refrigerators, freezers, air conditioners and home appliances throughout the country. P Z Cussons Nigeria Plc also sells a variety of consumer goods and baby and milk products. The company sells its electrical appliances through its own CoolWorld retail stores located in Nigeria's major towns and cities
The history of PZ Cussons Nigeria Plc goes back to 1899 when the company was established as Paterson Zochonis Industries Plc but changed its name to PZ Cussons Nigeria Plc in 2006. It was listed on the Nigerian Stock Exchange (NGX) on February 18, 1974.
PZ Cussons Nigeria Plc has its head offices at Town Planning Way, Ilupeju Industrial Estate,
P.M.B 21132, Ikeja, Nigeria.
The company renders its services in Angola, Benin, Côte d’Ivoire, DR Congo, Gabon, Ghana, Liberia, Mali, Niger, Senegal, Sierra Leone, Sudan, and Togo.
The current CEO or managing director of PZ Cussons Nigeria Plc is Panagiotis Katsis.
PZ Cussons Nigeria Plc's equity stocks are for sale online on the Nigerian Stock Exchange (NGX) under the stock symbol PZ.
PZ Cussons Nigeria Plc forms part of the Personal & Household Products Industry and the Consumer Goods Sector of the Nigerian Stock Exchange (NGX).
PZ Cussons Nigeria Plc Stock Performance
The current price for PZ Cussons Nigeria Plc stocks on the Nigerian Stock Exchange (NGX) is 7.00 Nigerian Naira (NGN).
An analysis of financial data of PZ Cussons Nigeria Plc showed that the company has a total market capitalisation of 27.8 Billion NGN, with the number of shares outstanding being 3.97 Billion.
PZ stock has accrued 12% over the past four-week period, the 18th best on NGX.
With an increase of earnings per share and reliable profits over a period, investors who want to buy or sell PZ Cussons Nigeria Plc stocks can look forward to more profitable dividends and earnings in times to come.
According to an analysis on the live chart of PZ Cussons Nigeria Plc, analysts forecast further improved performance for the Consumer Goods sector with market share growing as trading volumes increase.
Highlights of PZ Cussons Nigeria Plc in 2021/2022
PZ Cussons Nigeria Plc started the current financial year (2021) with a share price of 6.10 Nigerian Naira (NGN) on the Nigerian Stock Exchange (NGX), and it has gained 14.8 % in value on its price valuation, ranking 13th on the NGX with its year-to-date performance.
PZ Cussons Nigeria Plc is currently the 58th most-traded stock on the NGX and it has experienced a total trading volume of more than 40.5 million shares, which were finalised in 2,053 deals and were valued at a total of 260 million Nigerian Naira (NGN) over the recent three month period from October 2021 to January 2022, with an average of 643,394 shares in each trading session.
During the same period a volume high of 4.01 million was achieved on October 27 and a low of 35,399 on December 31.
How to buy PZ Cussons Nigeria 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 PZ Cussons Nigeria 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, “PZ”.
- 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.
