The most 'overvalued' stocks in Nigeria

Stocks that have significantly increased in value due to a large volume of demand are called overbought. This is often the case when there are many more buyers than sellers, whose actions to gain exposure to the asset — come what may — push the price up so high that it can no longer be justified by the company's underlying financials. Another common scenario that causes stocks to become overbought is when a business buys back its own stocks. Just be careful when buying overvalued stocks, as there could be a retracement.

Ticker
RSI (14) 1D
Price
Change % 1D
Change 1D
Technical Rating 1D
Volume 1D
Volume * Price 1D
Market cap
P/E
(TTM)
EPS
(TTM)
Employees
Sector
INTENEGINSINTERNATIONAL ENERGY INSURANCE CO PLC
100.000.99NGN0.00%0.00NGN
Buy
221.923K219.704K1.271BNGNFinance
MRSMRS OIL PLC - NIGERIA
99.5219.35NGN0.00%0.00NGN
Strong Buy
2204.257K6.635BNGN5.303.32NGNDistribution Services
SOVRENINSSOVEREIGN TRUST INSURANCE PLC
86.440.33NGN10.00%0.03NGN
Strong Buy
1.63M538.011K3.409BNGN3.420.09NGN170Finance
FCMBFCMB GROUP PLC
84.614.90NGN0.00%0.00NGN
Buy
156.424K766.478K97.033BNGN2.871.64NGNFinance
REDSTAREXRED STAR EXPRESS PLC
84.002.53NGN0.00%0.00NGN
Buy
47.12K119.214K2.415BNGN6.130.38NGN2.062KTransportation
MTNNMTN NIGERIA COMMUNICATIONS PLC
83.91242.00NGN1.72%4.10NGN
Strong Buy
142.354K34.45M4.842TNGN13.6217.14NGN1.699KCommunications
FIDELITYBKFIDELITY BANK PLC
80.075.91NGN−1.50%−0.09NGN
Buy
323.034K1.909M173.849BNGN3.621.63NGNFinance
TRANSCORPTRANSNATIONAL CORPORATION OF NIGERIA PLC
75.221.30NGN−0.76%−0.01NGN
Buy
2.509M3.261M53.249BNGN3.230.39NGN1.374KUtilities
GTCOGUARANTY TRUST HOLDING COMPANY PLC
73.7325.15NGN−0.20%−0.05NGN
Buy
4.116M103.51M741.476BNGN4.235.93NGNFinance
STERLNBANKSTERLING BANK PLC
73.671.63NGN0.00%0.00NGN
Buy
410.676K669.402K46.928BNGN0.65NGNFinance