CHAMS - Chams Plc

Sep 26, 2023 at 15:47 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 85th most valuable stock on the NGX with a market capitalization of NGN 6.53 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 1.39. CHAMS closed its last trading day (Tuesday, September 26, 2023) at 1.39 NGN per share on the Nigerian Stock Exchange (NGX), recording a 1.5% gain over its previous closing price of 1.37 NGN. Chams began the year with a share price of 0.22 NGN and has since gained 532% on that price valuation, ranking it fourth on the NGX in terms of year-to-date performance. Shareholders can be optimistic about CHAMS knowing the stock has accrued an outstanding 56% over the past four-week period alone—third best on NGX.

Chams is the 13th most traded stock on the Nigerian Stock Exchange over the past three months (Jun 30 - Sep 26, 2023). CHAMS has traded a total volume of 827 million shares—in 5,515 deals—valued at NGN 948 million over the period, with an average of 13.1 million traded shares per session. A volume high of 91.7 million was achieved on July 11th, and a low of 297,085 on August 31st, 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 Femi Williams as its Group Managing Director. The company's board of directors, chaired by Dr. Mrs. Ajoritsedere Awosika, is composed of 10 members whose names are listed below.

1. Awosika, Ajoritsedere (Dr. Mrs.)
   Chairperson
2. Williams, Femi
   Group Managing Director
3. Oluwa, Funke Alomo (Mrs.)
   Executive Director
4. Olaniyan, Mayowa (Mrs.)
   Executive Director
5. Woherem, Evans
   Non-Executive Director
6. Aladekomo, Ademola (Sir)
   Non-Executive Director
7. Obe, Oye Ibidapo (Prof.)
   Non-Executive Director
8. Tappij, Wim Gielen
   Non-Executive Director
9. Ighodalo, Ituah (Pastor)
   Non-Executive Director
10. Modibbo, Yusufu A. (Alhaji)
    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