52 week high and low explained simply helps you see the highest and lowest prices of shares on the Nigerian Exchange over one year.
In simple words: The 52 week high and low show the peak and bottom prices a company reached on the NGX in the past twelve months. Think of it like buying plantain at the market when it is plenty and cheap versus when it is scarce and expensive.
For example: If a company on the NGX traded at one hundred Naira at its highest and fifty Naira at its lowest, those are its yearly price limits. Beginners often check the 52 week high and low to understand market trends.
Remember:
- Prices change every day based on how people buy and sell.
- A high price does not mean the company is automatically bad or good.
- Watching these numbers helps you learn how shares move.
Try it on StocktoWealth: Search for a company like HONYFLOUR with your virtual money and check its prices to see how it works.
This is for learning, not financial advice.