These Nigerian stock exchange stocks are within 52 weeks low price and they can go higher

In the investing world, it is smart to find stocks that are temporarily struggling, vet them and see if they are worth investing in.  Most stocks on the Nigerian stock exchange that are suffering temporarily usually end up becoming very valuable later, especially those stocks that have a lot of potentials.

The Nigerian stock exchange can be lucrative if studied well. Most stocks that are at the 52 weeks low always make it back out to 52 weeks high or above.

Nigerian stocks that are below 52 weeks low range

CHELLARAMS PLC.  Selling at N2.6 naira, 52 weeks low, the stock’s 52 weeks high is also N2.26. Yes, that is true, this means the stock hasn’t moved for a long time. Its dividend yield is 1.99200 and it has a 31.60 Price per earning ratio.  Chellaram PLC's market cap stood at 1.6 Billion Naira as of now.

About Chellarams PLC. : 

Chellarams PLC is a Nigerian conglomerate with capabilities that span a diverse array of industries including manufacturing, retail, distribution, marketing, and power generation.

Another company worth looking at is UACN PLC, the stock is currently selling at N7.90 per share, it just halfway past the 52 weeks high and it may reach the N10.70 cent price very soon.  If this happens, that will be a swift 25% gain.  UACN Plc’s market cap is at N22.8 billion

About UACN PLC has a combination of many businesses ranging from paints making, to quick-service restaurants, Packaged foods and beverages, Logistics, animal feeds, and real estate.