CHIPLC - Consolidated Hallmark Insurance
Consolidated Hallmark Insurance Plc, incorporated in 2017 as a result of a merger, is one of the top ten general business and special risk insurance underwriters in Nigeria. In the last ten years, the company has played a leadership role in the underwriting of key transactions in Aviation, Oil & Gas, Marine Cargo and Hull Business as well as in the motor insurance business. Leveraging on the capabilities and unique skills of the entire group, the company provides premium risk management solutions to its clients. The company is the second insurance company in Nigeria to obtain an ISO 9001:2015 certification.
Consolidated Hallmark Insurance is listed on the Nigerian Stock Exchange (NGX) since February 22nd, 2008. Consolidated Hallmark is traded on the NGX under the ticker symbol “CHIPLC”. The International Securities Identification Number (ISIN) of NGX:CHIPLC is NGHMARKINS04. Consolidated Hallmark Insurance is currently the 67th most valuable stock on the NGX with a market capitalization of NGN 13.5 billion, which is about 0.037% of the Nigerian Stock Exchange equity market.
| Last Trading Results | |
|---|---|
| Opening Price | |
| Day’s Low Price | 1.12 |
| Day’s High Price | 1.26 |
| Traded Volume | 9.33M |
| Number of Deals | 58 |
| Gross Turnover | 11.6M |
| Growth & Valuation | |
|---|---|
| Earnings Per Share | |
| Price/Earning Ratio | |
| Dividend Per Share | |
| Dividend Yield | |
| Shares Outstanding | 10.7B |
| Market Capitalization | 13.5B |
CHIPLC Stock Market Performance
| 1WK | 4WK | 3MO |
|---|---|---|
| +18.9% | +7.69% | +27.3% |
| 6MO | 1YR | YTD |
|---|---|---|
| +103% | +117% | +88.1% |
The current share price of Consolidated Hallmark Insurance (CHIPLC) is NGN 1.26. CHIPLC closed its last trading day (Friday, September 29, 2023) at 1.26 NGN per share on the Nigerian Stock Exchange (NGX), recording a 9.6% gain over its previous closing price of 1.15 NGN. Consolidated Hallmark began the year with a share price of 0.67 NGN and has since gained 88.1% on that price valuation, ranking it 40th on the NGX in terms of year-to-date performance. Shareholders can be optimistic about CHIPLC knowing the stock has accrued 8% over the past four-week period—27th best on NGX.
Consolidated Hallmark Insurance is the 17th most traded stock on the Nigerian Stock Exchange over the past three months (Jul 4 - Sep 29, 2023). CHIPLC has traded a total volume of 539 million shares—in 2,932 deals—valued at NGN 517 million over the period, with an average of 8.55 million traded shares per session. A volume high of 46 million was achieved on September 14th, and a low of 52,000 on July 13th, for the same period. The table below details the last 10 trading days of activity of Consolidated Hallmark Insurance on the Nigerian Stock Exchange.
| Date | Volume | Close | Change | Change% |
|---|---|---|---|---|
| 2023-09-29 | 9,330,134 | 1.26 | +0.11 | +9.57% |
| 2023-09-28 | 9,596,013 | 1.15 | +0.05 | +4.55% |
| 2023-09-26 | 6,603,416 | 1.10 | +0.10 | +10.00% |
| 2023-09-25 | 9,467,593 | 1.00 | -0.05 | -4.76% |
| 2023-09-22 | 8,852,440 | 1.05 | -0.01 | -0.94% |
| 2023-09-21 | 11,430,390 | 1.06 | +0.06 | +6.00% |
| 2023-09-20 | 10,939,597 | 1.00 | -0.08 | -7.41% |
| 2023-09-19 | 6,519,611 | 1.08 | +0.08 | +8.00% |
| 2023-09-18 | 3,541,770 | 1.00 | +0.08 | +8.70% |
| 2023-09-15 | 9,213,321 | 0.92 |
Profile of Consolidated Hallmark Insurance Plc
Consolidated Hallmark Insurance Plc operates in the Financials sector, specifically, the Insurance industry.
Factsheet of Consolidated Hallmark Insurance Plc
- Sector
- Financials
- Industry
- Insurance
- Address
- 266 Ikorodu Road, Obanikoro, Lagos, Nigeria
- Telephone
- +234-1-291-2543, +234-1-291-2532
- info@chiplc.com
- Website
- www.chiplc.com
CHIPLC Industrial Market Competitors
Consolidated Hallmark Insurance Plc, issuers of the CHIPLC stock on the Nigerian Stock Exchange, have a number of market competitors who are also engaged in the Financials sector and/or Insurance industry. The table below presents an overview of the market standing of the top 10 by year-to-date performance.
| Code | Name | M. Cap. | Close | YTD |
|---|---|---|---|---|
| SUNUASSUR | Sunu Assurances Nigeria Plc | 5.23B | 0.90 | +210% |
| MANSARD | AXA Mansard Insurance | 36B | 4.00 | +100% |
| REGALINS | Regency Alliance Insurance | 2.33B | 0.35 | +40% |
| INTENEGINS | International Energy Insurance | 1.78B | 1.39 | +266% |
| CORNERST | Cornerstone Insurance Company | 29.2B | 1.61 | +168% |
| STERLINGNG | Sterling Bank | 107B | 3.70 | +164% |
| STANBIC | Stanbic IBTC Holdings | 1.01T | 78.00 | +133% |
| UBA | United Bank for Africa | 575B | 16.80 | +121% |
| LASACO | Lasaco Assurance | 3.43B | 1.87 | +115% |
| LINKASSURE | Linkage Assurance | 11.2B | 0.80 | +100% |