TRANSCORP heading to N43 zone.TRANSCORP heading to N43 zone.
This is 3rd week of straight loss for this asset.
I am looking at a buy opportunity around N43 which happens to be a confluence of an ascending trendline and a horizontal support level.
If this is favoured by fundamentals, we should be targeting a RR of 1:4.5
Long
5.05 NGN
51.47 B NGN
407.92 B NGN
6.47 B
About TRANSNATIONAL CORPORATION OF NIGERIA PLC
Sector
Industry
CEO
Owen Omogiafo
Website
Headquarters
Lagos
Founded
2004
ISIN
NGTRANSCORP7
FIGI
BBG000HPVPR6
Transnational Corp. of Nigeria Plc is an investment company, which engages in the provision of acquiring and managing strategic businesses that create long term shareholder returns and socio-economic impact. It operates through the following segments: Hospitality, Oil & Gas, Agro-Allied, Power, and Corporate Centre. The Hospitality segment is made up of the direct subsidiary Transnational Hotels Plc and indirect subsidiaries, Transcorp Hotels Calabar Limited, Transcorp Hotels Ikoyi Limited and Transcorp Hotels Port Harcourt Limited. The Oil & Gas segment is comprised of Transcorp Energy Limited and Transcorp OPL 281 Limited, which are into the exploration, refining and marketing of petroleum products. The Agro-Allied segment relates to the subsidiary Terago Commodities Limited, which engages in the manufacture and processing of fruit concentrates from fruits from which the group derives revenue. The Power segment is the Transcorp Power Limited of the company, which engages in the generation of electric power. The Corporate segment is the parent company and the other non-operational subsidiaries. The company was founded on November 16, 2004 and is headquartered in Lagos, Nigeria.
TRANSCORP (NGN) Breaks Out of Consolidation – Potential UpsideTRANSCORP (NGN) Breaks Out of Consolidation – Potential Upside Ahead
TRANSCORP has successfully broken out of its immediate consolidation zone and is currently trading at ₦61.
If this breakout is sustained, it presents a promising opportunity for bullish momentum.
Given the current market struct
Where Is TRANSCORP on NGX Heading Next?TRANSCORP recently broke its previous all-time high (ATH) of ₦53.5, setting a new ATH at ₦54.5.
However, the bullish momentum did not sustain, and the price has retraced to the ₦50 zone, which is now acting as a key support level.
Currently, there are no strong fundamental drivers indicating the p
Transcorp Stock Analysis and ForecastTranscorp Stock Analysis and Forecast
Transcorp's stock is currently testing its All-Time High (ATH) of approximately N53.5. This is a critical resistance level that could determine its next movement.
Bullish Scenario:
If buying momentum remains strong and the stock successfully breaks and susta
See all ideas
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
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Frequently Asked Questions
The current price of TRANSCORP is 41.50 NGN — it hasn't changed in the past 24 hours. Watch TRANSNATIONAL CORPORATION OF NIGERIA PLC stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on NSENG exchange TRANSNATIONAL CORPORATION OF NIGERIA PLC stocks are traded under the ticker TRANSCORP.
TRANSCORP stock has fallen by −3.49% compared to the previous week, the month change is a −18.63% fall, over the last year TRANSNATIONAL CORPORATION OF NIGERIA PLC has showed a −23.15% decrease.
TRANSCORP reached its all-time high on Mar 7, 2024 with the price of 83.50 NGN, and its all-time low was 2.00 NGN and was reached on Feb 16, 2012. View more price dynamics on TRANSCORP chart.
See other stocks reaching their highest and lowest prices.
See other stocks reaching their highest and lowest prices.
TRANSCORP stock is 0.00% volatile and has beta coefficient of 2.65. Track TRANSNATIONAL CORPORATION OF NIGERIA PLC stock price on the chart and check out the list of the most volatile stocks — is TRANSNATIONAL CORPORATION OF NIGERIA PLC there?
Today TRANSNATIONAL CORPORATION OF NIGERIA PLC has the market capitalization of 421.72 B, it has increased by 3.14% over the last week.
Yes, you can track TRANSNATIONAL CORPORATION OF NIGERIA PLC financials in yearly and quarterly reports right on TradingView.
TRANSCORP net income for the last quarter is 6.65 B NGN, while the quarter before that showed 11.91 B NGN of net income which accounts for −44.18% change. Track more TRANSNATIONAL CORPORATION OF NIGERIA PLC financial stats to get the full picture.
TRANSNATIONAL CORPORATION OF NIGERIA PLC dividend yield was 2.30% in 2024, and payout ratio reached 17.28%. The year before the numbers were 1.15% and 24.82% correspondingly. See high-dividend stocks and find more opportunities for your portfolio.
As of Apr 20, 2025, the company has 1.75 K employees. See our rating of the largest employees — is TRANSNATIONAL CORPORATION OF NIGERIA PLC on this list?
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. TRANSNATIONAL CORPORATION OF NIGERIA PLC EBITDA is 152.17 B NGN, and current EBITDA margin is 35.12%. See more stats in TRANSNATIONAL CORPORATION OF NIGERIA PLC financial statements.
Like other stocks, TRANSCORP shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade TRANSNATIONAL CORPORATION OF NIGERIA PLC stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So TRANSNATIONAL CORPORATION OF NIGERIA PLC technincal analysis shows the sell today, and its 1 week rating is neutral. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating TRANSNATIONAL CORPORATION OF NIGERIA PLC stock shows the neutral signal. See more of TRANSNATIONAL CORPORATION OF NIGERIA PLC technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.