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vita foam plc 52weeks high

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Godspower

Well-Known Member
Apr 21, 2020
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As shares get to their 52week high its not the right time to buy stocks but to sell. What do you think about vita foam shares?
 
Vitafoam Nigeria Plc recently published its Fourth Quarter report for the period ended 30 September 2022.

The company reported a turnover of N46.537 billion for the 12 months period, up by 31.45% from N35.404 billion reported the previous year.

Profit after tax grew year on year by 7.35% to N4.935 billion from N4.597 billion achieved the previous year.

Earnings per share of the Company stands at N3.95, up by 7.35% from the EPS of N3.68 achieved the previous year.

At the share price of N20, the P/E ratio of Vitafoam stands at 5.07x with earnings yield of 19.73%.