Linkage Assurance Plc is a Nigeria-based non-life insurance service provider listed on the Nigerian Stock Exchange (NGX).
Linkage Assurance Plc is involved in underwriting numerous insurance classes including business, marine and motor insurance, automobile, property, general accident, liability group, compulsory insurances, oil and gas, marine and aviation, and engineering insurances.
Overview of Linkage Assurance Plc
Today, Linkage Assurance Plc’s portfolio of products and services are diversified in more sectors of the Financial Services value chain and include the following: business insurance classes including automobiles, property, general accident, liability group, compulsory insurances, oil and gas, marine and aviation and engineering; retail and direct insurance including motor plans, estate insurance plans, citadel shield plans, shop comprehensive plans and event insurance.
The history of Linkage Assurance Plc goes back to 1991 when it was first founded, and it had been listed on 18 November 2003. Linkage Assurance Plc merged with Central Insurance Company Limited in 2007 as part of the recapitalisation and consolidation reforms of the National Insurance Commission (NAICOM).
Linkage Assurance Plc has its head offices at Plot 20l, Block 94, Providence Street, Off Adewunmi Adebimpe Street,Lekki Phase 1, Lagos, Nigeria.
The current CEO/managing director of Linkage Assurance Plc is Daniel Braie.
Linkage Assurance Plc's equity stocks are for sale online on the Nigerian Stock Exchange (NGX) under the stock symbol LINKASSURE.
Linkage Assurance Plc forms part of the Insurance (Prop. & Casualty) Industry and the Financial Services Sector of the Nigerian Stock Exchange (NGX).
Linkage Assurance Plc Stock Performance
The current price for Linkage Assurance Plc stocks on the Nigerian Stock Exchange (NGX) is 0.51 Nigerian Naira (NGN).
An analysis of financial data of Linkage Assurance Plc showed that the company has a total market capitalisation of 7.14 Billion NGN, with a Price/Earning ratio of 51.00 and earnings per share of 0.01 NGN.
With an increase of earnings per share and reliable profits over a period, investors who want to buy or sell Linkage Assurance Plc stocks can look forward to more profitable dividends and earnings in times to come.
According to an analysis on the live chart of Linkage Assurance Plc, analysts forecast further improved performance for the Financial Services sector with market share growing as trading volumes increase.
Highlights of Linkage Assurance Plc in 2021
Linkage Assurance Plc started the current financial year (2021) with a share price of 0.52 Nigerian Naira (NGN) on the Nigerian Stock Exchange (NGX), and it has lost 1.92 % in value on its price valuation, ranking 12th on the NGX with its year-to-date performance. LINKASSURE has lost 9% of the stock’s value from November 12th to date.
Linkage Assurance Plc is currently the 64th most-traded stock on the NGX and it has experienced a total trading volume of more than 29.2 million shares, which were finalised in 434 deals and were valued at a total of 16 million Nigerian Naira (NGN) over the recent three month period from September to December 2021, with an average of 463,646 shares in each trading session.
During the same period a volume high of 2.44 million was achieved on November 25.
How to buy Linkage Assurance 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 Linkage Assurance 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, “LINKASSURE”.
- 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.
