FanMilk stock inches closer to 300% YTD return for investors
Stock price of FanMilk Ghana, is likely to hit the 300 percent year-to-date (YTD) returns mark for investors of the company.
This comes on the back of a 9.79 percentage points share price appreciation at the end of Monday’s trading session.
The equity, as at the end of September this year, posted a 226.85 percent YTD share price appreciation.
EQUITY UNDER REVIEW: FAN MILK PLC. (FML)
| Share Price | GH¢ 3.53 |
| Price Change (YtD) | 226.85% |
| Market Cap. (GH¢) | GH¢ 410.21 million |
| Dividend Yield | 0.00% |
| Earnings Per Share | GH¢0.1188 |
| Avg. Daily Trade Volumes | 4,838 |
| Value Traded (YtD) | GH¢ 2,331,516.00 |
FanMilk, over a few months now, has posted impressive gains in its share price. The continuous YTD growth in its share price is indicative of the high demand for the equity by investors on the stock market.
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Meanwhile, the benchmark GSE Composite Index (GSE-CI) gained 4.22 points to close trading at 2,870.98 translating into a YTD return of 47.87%.
The GSE Financial Stock Index (GSE-FSI) however continues to remain flat at 2,055.20 points translating into a YTD of15.28%.
In all, a total of 170,425 shares valued at GH¢673,043.50 exchanged hands in eleven (11) equities compared to 307,668 shares valued at GH¢615,364.97 which was traded on Monday.
Fan Milk recorded the lion’s share of trades as it accounted for 96.96% of the total value traded.
Read details of report below:
Daily Equity Market Report_05.10.2021 by Fuaad Dodoo on Scribd
