In Nigeria, R.T. Briscoe Nigeria Plc works through three divisions: Briscoe Toyota, Briscoe Ford, and Industrial Equipment. The company's automotive, power equipment, and industrial equipment goods are distributed through these three divisions.
Overview of RT Briscoe Nigeria Plc
A division of RT Briscoe Nigeria Plc is dedicated to the importation and marketing of automotive vehicles, power equipment and industrial equipment. The product range of the Automotive Vehicles division includes some of the world's most recognized and widely respected automobile and industrial equipment brands. The Industrial Equipment division sells, markets and services a wide range of industrial, mining, drilling and construction equipment under the franchise of various international brands.
Logistics and warehouse services are also available from RT Briscoe Nigeria Plc.
Today, RT Briscoe Nigeria Plc’s portfolio of products and services are diversified in more sectors of the Consumer Services value chain and include the following: marketing, sales and servicing of a range of Toyota Auto commercial and passenger vehicles, marketing, sales and services of industrial, mining, drilling and construction equipment, as well as generating sets.
The history of RT Briscoe Nigeria Plc goes back to 1957 when the company was established, and it was listed on the Nigerian Stock Exchange (NGX) on March 15, 1974.
RT Briscoe Nigeria Plc has its head offices at 18 Fatai Atere Way, Matori, Oshodi, Lagos, Nigeria.
The current CEO or managing director of RT Briscoe Nigeria Plc is Bukola Oluseyi Onajide.
RT Briscoe Nigeria Plc's equity stocks are for sale online on the Nigerian Stock Exchange (NGX) under the stock symbol RTBRISCOE.
RT Briscoe Nigeria Plc forms part of the Retail (Specialty) Industry and the Consumer Services Sector of the Nigerian Stock Exchange (NGX).
RT Briscoe Nigeria Plc Stock Performance
The current price for RT Briscoe Nigeria Plc stocks on the Nigerian Stock Exchange (NGX) is 0.20 Nigerian Naira (NGN).
An analysis of financial data of RT Briscoe Nigeria Plc showed that the company has a total market capitalisation of 235 Million NGN, and the number of shares outstanding is 1.18 Billion.
With an increase of earnings per share and reliable profits over a period, investors who want to buy or sell RT Briscoe 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 RT Briscoe Nigeria Plc, analysts forecast further improved performance for the Consumer Services sector with market share growing as trading volumes increase.
Highlights of RT Briscoe Nigeria Plc in 2021/2022
RT Briscoe Nigeria Plc is currently the 107th most-traded stock on the NGX and it has experienced a total trading volume of more than 1.11 million shares, which were finalised in 56 deals and were valued at a total of 221,582 Nigerian Naira (NGN) over the recent three month period from October 2021 to January 2022, with an average of 17,586 shares in each trading session.
During the same period a volume high of 250,000 was achieved on December 3.
How to buy RT Briscoe 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 RT Briscoe 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, “RTBRISCOE”.
- 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.
