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Veritas Kapital Assurance

Buy Veritas Kapital Assurance stocks

 

Veritas Kapital Assurance (NGX: VERITASKAP) Stocks

 

Veritas Kapital Assurance Plc is a Nigeria-based insurance company that is listed on the Nigerian Stock Exchange (NGX) and is licensed to cover all classes of non-life insurance products and services.

 

Veritas Kapital Assurance stocks at a glance

🏢 Stock NameVeritas Kapital Assurance
🌐 CountryNigeria
🏛️ Stock ExchangeNGX
📇 Stock SymbolVERITASKAP
💰 CurrencyNGN
📈 52 Week High0.22
📉 52 Week Low0.20

 

The history of Veritas Kapital Assurance Plc can be traced back to 1973 when the company was established, and it was listed on the Nigerian Stock Exchange (NGX) on December 17, 2009.

 

 

What is Veritas Kapital Assurance

 

The company was formerly known as Unity Kapital Assurance Plc and incorporated as a private liability company under the name Kano State Insurance Company.

Today, Veritas Kapital Assurance Plc has a diversified portfolio in more sectors of the Financials value chain and renders the following services: auto insurance which covers motor third party, fire, and theft; home insurance which covers the risk of fire, flooding, and burglary; aviation insurance which covers hull losses as well as liability for passenger injuries, death, environmental and third-party damage caused by aircraft accidents; marine insurance which covers hull and cargo damage; engineering insurance which covers problems related to production capacity and financial losses; oil and gas insurance which covers all issues related to employees, physical assets, balance sheets, and long-term viability; and bond insurance which is a financial guarantee taken out by contractors to indemnify them against any defaults.

Veritas Kapital Assurance Plc also offers medical insurance and pension fund administration services through its subsidiaries; Health Care Security Limited and FUG Pensions Limited.

Veritas Kapital Assurance Plc’s equity stocks are for sale online on the Nigerian Stock Exchange (NGX) under the stock symbol VERITASKAP.

Veritas Kapital Assurance Plc has its headquarters at Plot 497, Abogo Largema Street, off Constitution Avenue, Central Business District, Abuja, Nigeria.

The current CEO of Veritas Kapital Assurance Plc is Kenneth Egbaran.

Veritas Kapital Assurance Plc has more than 250 employees.

Veritas Kapital Assurance Plc forms part of the Insurance Industry and the Financials Sector.

 

Veritas Kapital Assurance stock performance

 

The most recent or current price for Veritas Kapital Assurance Plc stocks is 0.21 Nigerian Naira (NGN). The company has a total market capitalization of 2.91 Billion NGN and a total of 13.9 Billion shares are outstanding.

Veritas Kapital Assurance Plc experienced growth of 5 % in the value of its stocks over the past year but a decrease of 16 % over the last six months.

With an increase of earnings per share and consistent profits over a period, investors who want to buy or sell Veritas Kapital Assurance Plc stocks can look forward to more lucrative dividends and earnings in times to come.

According to an analysis on the live chart of Veritas Kapital Assurance Plc, analysts forecast possible further improved performance for the Financials sector with a growing market share as trading volumes increase.

 


 

Highlights of Veritas Kapital Assurance

 

Veritas Kapital Assurance Plc started the year 2021 with a share price of 0.20 NGN, and it has since gained 5 % in value on its price valuation, thereby ranking 59th on the NGX where its year-to-date performance is concerned.

Veritas Kapital Assurance Plc is currently the 46th most-traded stock on the NGX and it has experienced a total trading volume of more than 74.7 million shares, which were finalized in 256 deals and were valued at a total of 16.1 million NGN over three months between September and December, with an average of 1.19 million shares in each trading session.

The highest volume shares traded on one single day was 9.63 million, achieved on December 22.

 

How to buy Veritas Kapital Assurance stocks – Step by Step

 

The stock market is still one of the most attractive financial markets that sees millions of retail investors and traders’ participation daily.

To buy, sell or trade Veritas Kapital Assurance Plc stocks, traders and investors can follow a few 6 simple steps:

 

  1. Step 1 – Find the share that you want to buy, in this case, “VERITASKAP”.
  2. Step 2 – Select a forex broker that offers access to the Nigerian Stock Exchange (NGX).
  3. Step 3 – 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.
  4. Step 4 – Open a live trading account with the broker by completing the online application form and providing the necessary documentation to verify the trading account.
  5. Step 5 – You are now ready to make your first share purchase through the broker.
  6. Step 6 – You can further start to build and diversify your portfolio by buying more shares.

 


 

Frequently asked questions

 

What is the NGX?

The Nigerian Stock Exchange (NGX), officially known as the Nigerian Exchange Group, comprises the leading integrated market infrastructure in Africa that is servicing the Nigerian economy – the continent’s largest. The NGX provides capital access to companies that are seeking to gain the support of the financial markets to fund their business expansion.

Similarly, NGX offers its pool of domestic, regional, and international investors an assortment of regulated securities to in turn achieve their investment objectives.

Additional indices include the NGX30 and NGX50 which correspondingly track the top 30 and 50 companies in terms of market capitalization and liquidity. Both of these indices, in which only fully paid-up common shares are admitted, are weighted by adjusted market capitalization.

 

On which stock exchange does Veritas Kapital Assurance Plc have shares for sale?

Veritas Kapital Assurance Plc trades its equity on the Nigerian Stock Exchange (NGX) under the stock symbol VERITASKAP.

 

What type of company is Veritas Kapital Assurance Plc?

Veritas Kapital Assurance Plc is a Nigeria-based insurance company that is listed on the Nigerian Stock Exchange (NGX) and is licensed to cover all classes of non-life insurance products and services.

 

In which industry and sector does Veritas Kapital Assurance Plc operate?

Veritas Kapital Assurance Plc forms part of the Insurance Industry and the Financials Sector.

 

What is the price of Veritas Kapital Assurance Plc shares today?

At the time of writing, the current price of Veritas Kapital Assurance Plc shares was 0.21NGN.

 

Is Veritas Kapital Assurance Plc a good investment?

Veritas Kapital Assurance Plc’s forecast indicates possible further growth and improvement from the second half of 2021, with investors expecting lucrative or more profitable dividends and returns with increased financial performance.

 

What is the risk analysis for Veritas Kapital Assurance Plc stocks?

Veritas Kapital Assurance Plc experienced growth of 5 % in the value of its stocks over the past year but a decrease of 16 % over the last six months.

 

 

Author Details

Louis Schoeman

Louis Schoeman

Featured Forex and Stocks writer

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