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The Time To Take Profit On Total Plc Is Near
#1
The Time To Take Profit On Total Plc Is Near

The current share price of TOTAL is N112.20, which records flat position against its last closed price of N112.20. The stock opened the year with a share price of N110.90 and since gained 1.17% as YTD returns, ranking 43rd on the YTD performance table.

Investors' appetite towards the stock stays positive as price-performance analysis had revealed a 40.25% gain in the recent weeks - precisely the recent four weeks. However, sentiment analysis reveals looming profit-taking as mixed sentiments hit the stock at the end of last trading session in the week. An indication of weak bargain postures towards the stock.

1WK  +0.00%
4WK  +40.25%
3MO  +15.08%
6MO  +16.51%
1YR  -8.93%
YTD  +1.17%

Furthermore, the current market valuation of TOTAL is less than $150 Million while it continues to enjoy investor's loyalty as indicated by sentiments analysis, driven by its sustained growth trajectory and healthy fundamentals.

The stock pays dividends yearly with an average yield of 5.9%. Dividend income investors are likely to consider the current yield too low while the stock may remain unattractive at the current price to income portfolio- this in our opinion may stoke active speculative tendency soon.

In addition, the stock is currently trading at a discount of 9% to its 52weeks high of N123.20. On this note, we recommend profit-taking at the current price for any speculator as our sentiments indicator had indicated. However, we advise a hold position for a long-term investor as the stocks is considered as one of the undervalued stocks within the Oil and Gas sub-sector of the Nigerian bourse.

Total Nigeria Plc engages in the business of blending of lubricants and sale of petroleum products. It operates through the following segments: Network, General Trade and Aviation. The Network segment includes sales to service stations. The General Trade segment provides sales to corporate customers excluding customers in the aviation industry. The Aviation segment comprises sales to customers in the aviation industry. The company was founded on June 1, 1956 and is headquartered in Lagos, Nigeria.

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