CHAMS - Chams Plc

Sep 6, 2024 at 14:33 Twitter · Facebook

CHAMS share price on Nigerian Stock Exchange

Chams Plc, incorporated in 1985, is Nigeria’s leading provider of integrated identity management and payment transactional systems. The company, which began as a computer and hardware maintenance shop, has evolved into an enterprise technology solutions vendor in the identity management space to both public and private institutions including INEC, NCC, NHIS, PeNCOM, ICAN, Customs, Nigerian AirFORCE, NAHCO, Osun state, Anambra State, Ogun State, Adamawa State, and Benue State.

Chams is a partner to the National Identity Management Commission, the agency tasked by the Federal Government for the creation of a new and robust national identity management scheme. Chams Plc pioneered Nigeria’s first payment card scheme (Valucard) with VISA, and is licensed by the Central Bank to provide ATM deployment, POS terminal, mobile payments, prepaid card issuance, and transaction switching services in the country.

Chams Plc is listed on the Nigerian Stock Exchange (NGX). Chams is traded on the NGX under the ticker symbol “CHAMS”. The International Securities Identification Number (ISIN) of NGX:CHAMS is NGCHAMS00001. Chams Plc is currently the 84th most valuable stock on the NGX with a market capitalization of NGN 9.81 billion, which is about 0.018% of the Nigerian Stock Exchange equity market.

CHAMS Stock Market Performance

The current share price of Chams Plc (CHAMS) is NGN 2.09. CHAMS closed its last trading day (Friday, September 6, 2024) at 2.09 NGN per share on the Nigerian Stock Exchange (NGX), recording a 2% gain over its previous closing price of 2.05 NGN. Chams began the year with a share price of 1.97 NGN and has since gained 6.09% on that price valuation, ranking it 72nd on the NGX in terms of year-to-date performance. Investors should, however, take caution of CHAMS’s recent bad performance, having lost 7% of its value in the past four weeks.

Chams is the 18th most traded stock on the Nigerian Stock Exchange over the past three months (Jun 7 - Sep 6, 2024). CHAMS has traded a total volume of 528 million shares—in 6,199 deals—valued at NGN 1.14 billion over the period, with an average of 8.39 million traded shares per session. A volume high of 33.8 million was achieved on August 22nd, and a low of 734,165 on July 22nd, for the same period. The table below details the last 10 trading days of activity of Chams on the Nigerian Stock Exchange.

Profile of Chams Plc

Chams Plc operates in the Technology sector. The company is led by Mrs. Mayowa Olaniyan as its Group Managing Director, since 2022. The company's board of directors, chaired by Sir Demola Aladekomo, is composed of 11 members whose names are listed below.

1. Aladekomo, Demola (Sir)
   Chairman
2. Olaniyan, Mayowa (Mrs.)
   Group Managing Director
3. Oloketuyi, Segun (Mr.)
   Non-Executive Director
4. Modibbo, Yusufu A. (Alh.)
   Non-Executive Director
5. Ugochukwu, Chijioke (Mrs.)
   Non-Executive Director
6. Aladekomo, Tomiwa (Mr.)
   Non-Executive Director
7. Abiola, Ayobola (Sir)
   Non-Executive Director
8. Bashir-Yunusa, Mohammed (Mr.)
   Non-Executive Director
9. Obodo, Dumebi (Mr.)
   Non-Executive Director
10. Bakare, Olamojiba (Mrs.)
    Independent Non-Executive Director
11. Santuraki, Mohammed (Dr.)
    Independent Non-Executive Director

CHAMS Industrial Market Competitors

Chams Plc, issuers of the CHAMS stock on the Nigerian Stock Exchange, have five market competitors who are also engaged in the Technology sector. The table below presents an overview of their market standing.

Index of African Stock Exchanges:

1. Botswana Stock Exchange
2. BRVM Stock Exchange
3. Ghana Stock Exchange
4. Johannesburg Stock Exchange
5. Lusaka Securities Exchange
6. Malawi Stock Exchange
7. Nairobi Securities Exchange
8. Nigerian Stock Exchange
9. Uganda Securities Exchange
10. Zimbabwe Stock Exchange