FAN MILK LTD. (FML)
Ghana Stock Exchange · Ghana · prices in GHS · close of 22 Oct 2026
Key indicators
| Last close | GHS 14.00 |
|---|---|
| 52-week range | 7.99 – 16.35 |
| Return, 1 month / 3 months | −0.1% / +5.3% |
| Return, 1 year / 3 years | +75.0% / +365.1% |
| Trend | Uptrend |
| RSI (14) | 78 |
| Volatility (1 year) | 31.3% |
| Worst drawdown (1 year) | -29.7% |
| Average daily value traded | 0.11M GHS |
| Dividend yield | – |
Market X-Ray price-based
Five-year price chart navy: price · brown: 200-day average
About the company
Fan Milk is a dairy company based in Accra, Ghana, that makes and distributes frozen dairy products and drinks. Its range includes ice cream, yoghurt and flavoured milk, which it sells through a network of agents and street vendors who carry the products to neighbourhoods and local shops. The company serves everyday consumers across Ghana and other parts of West Africa, with a business built on chilled treats sold in small, affordable portions.
The shares are listed on the Ghana Stock Exchange in Ghana under the code FML, and the price on this page is in Ghanaian cedis (GHS). Our records, which start in 2019, show no dividend payments for it. The Market X-Ray on this page is price-based and compares it with other stocks on the same exchange; it does not measure how healthy the business is.
Summary
FAN MILK LTD. (FML) trades on the Ghana Stock Exchange in Ghana. It last closed at GHS 14.00 on 22 October 2026.
Its price-based Market X-Ray is 62 out of 100 (a fair price profile), ranking 7 of 38 stocks on this exchange. The score describes how the stock has traded: trend, momentum, risk, liquidity and dividends, each ranked against the other stocks on its own exchange. It does not measure how healthy or cheap the business is.
Over the last year the price rose 75.0% and over the last three months it rose 5.3%. Returns are price returns, dividends not included.
Fundamental measures (valuation, growth, financial health) are not shown: we do not yet hold financial statements for this market.
The five lenses in numbers each metric is ranked against the other stocks on Ghana Stock Exchange
| Lens and metric | Value | Score | Reading |
|---|---|---|---|
| Trend | 63 · Fair | Mixed trend against its averages. | |
| Above 200-day average | 10.3% | ||
| From 52-week high | -14.4% | ||
| Momentum | 70 · Fair | Typical recent returns for this exchange. | |
| 3-month return | 5.3% | ||
| 6-month return | 12.0% | ||
| 12-month return, skipping the last month | 75.3% | ||
| Stability (higher is calmer) | 49 · Weak | Volatile, with deep drawdowns. | |
| Volatility, 1 year (lower is calmer) | 31.3% | ||
| Worst drawdown, 1 year (smaller is calmer) | -29.7% | ||
| Liquidity | 68 · Fair | Moderate trading activity. | |
| Average daily value traded | 0.11M GHS | ||
| Zero-volume days | 0.0% | ||
| Income | – | Pays no dividend. | |
| Dividend yield | – | ||
| Years with dividends | 0 |
Strengths
No lens stands out as a clear strength against its exchange.
Weak spots
- Stability (higher is calmer): Volatile, with deep drawdowns.
Returns
| 1 week | +0.0% |
|---|---|
| 1 month | −0.1% |
| 3 months | +5.3% |
| 6 months | +12.0% |
| 1 year | +75.0% |
| 3 years | +365.1% |
| 5 years | +180.0% |
Signals
| 50-day / 200-day average | 13.71 / 12.69 |
|---|---|
| Golden / death cross (60 days) | None |
| New 52-week high | No |
| Bullish RSI divergence | No |
| Average daily range (ATR) | 0.01 |
Technical summary
How to read this report
Every number comes from end-of-day prices and dividends. The Market X-Ray describes how the stock has traded, ranked against the other stocks on Ghana Stock Exchange; it does not measure how healthy or cheap the business is. The fundamental X-Ray (financial health, valuation, growth) needs financial statements, which we hold today for US stocks. See the methodology page. Educational only, not financial advice.