Why Presco’s stock price fell by almost 30% in 2019

At least 20 persons were feared killed as armed men attacked Ananum, a community in Donga local government area of Taraba State

Presco Plc, Nigeria’s second largest agricultural firm by market capitalization saw its stock price decline by 26 percent last year after unhappy investors began selling the stocks due to its sharp profit decline over the last 3 years. In 2016, Presco reported a profit after tax of about N21.7

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