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Nairametrics
Home Markets Fixed Income Securities

Market Watch: Is Oando Shares Tanking Already?

Nairametrics by Nairametrics
July 16, 2014
in Securities, Stock Market
Market Watch: Is Oando Shares Tanking Already?
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Oando shares hit a two week low today closing at N26.57 and representing a two week low for the stock. It appears the impact of the COP deal is fading away as investors  appetite yearn for the company’s results. The share price was N33 just under a month ago and has now lost N7 or 20%A look at their trade below suggest the share price has been going down in recent days just as volume is increasing. This is often a pointer to lower prices in future. Let’s see how it goes.

Oando share price

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Tags: Oando PlcSTOCKS
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Nairametrics is Nigeria's top business news and financial analysis website. We focus on providing resources that help small businesses and retail investors make better investing decisions. Nairametrics is updated daily by a team of professionals. Post updated as "Nairametrics" are published by our Editorial Board.

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