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 75th most valuable stock on the NGX with a market capitalization of NGN 6.74 billion, which is about 0.025% of the Nigerian Stock Exchange equity market.
| Last Trading Results | |
|---|---|
| Opening Price | |
| Day’s Low Price | 0.60 |
| Day’s High Price | 0.63 |
| Traded Volume | 2.31M |
| Number of Deals | 12 |
| Gross Turnover | 1.41M |
| Growth & Valuation | |
|---|---|
| Earnings Per Share | |
| Price/Earning Ratio | |
| Dividend Per Share | |
| Dividend Yield | |
| Shares Outstanding | 10.7B |
| Market Capitalization | 6.74B |
CHIPLC Stock Market Performance
| 1WK | 4WK | 3MO |
|---|---|---|
| +5% | -14.9% | +6.78% |
| 6MO | 1YR | YTD |
|---|---|---|
| -3.08% | +16.7% | -20.3% |
The current share price of Consolidated Hallmark Insurance (CHIPLC) is NGN 0.63. CHIPLC closed its last trading day (Friday, August 12, 2022) at 0.63 NGN per share on the Nigerian Stock Exchange (NGX), recording a 1.6% drop from its previous closing price of 0.64 NGN. Consolidated Hallmark began the year with a share price of 0.79 NGN but has since lost 20.3% off that price valuation, ranking it 137th on the NGX in terms of year-to-date performance. Shareholders’ worries are compounded by the fact that CHIPLC has lost 15% of the stock’s value from July 15th to date.
Consolidated Hallmark Insurance is the 21st most traded stock on the Nigerian Stock Exchange over the past three months (May 13 - Aug 12, 2022). CHIPLC has traded a total volume of 183 million shares—in 598 deals—valued at NGN 114 million over the period, with an average of 2.91 million traded shares per session. A volume high of 100 million was achieved on May 20th, and a low of 30 on June 17th, 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% |
|---|---|---|---|---|
| 2022-08-12 | 2,314,000 | 0.63 | -0.01 | -1.56% |
| 2022-08-11 | 2,124,878 | 0.64 | +0.01 | +1.59% |
| 2022-08-10 | 1,355,666 | 0.63 | +0.05 | +8.62% |
| 2022-08-09 | 2,555,998 | 0.58 | -0.02 | -3.33% |
| 2022-08-08 | 3,270,200 | 0.60 | ||
| 2022-08-05 | 2,524,200 | 0.60 | -0.05 | -7.69% |
| 2022-08-04 | 7,489,500 | 0.65 | -0.02 | -2.99% |
| 2022-08-03 | 1,012,690 | 0.67 | -0.01 | -1.47% |
| 2022-08-02 | 432,301 | 0.68 | -0.01 | -1.45% |
| 2022-08-01 | 1,450,000 | 0.69 |
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 |
|---|---|---|---|---|
| MANSARD | AXA Mansard Insurance | 16.7B | 1.86 | -19.8% |
| SUNUASSUR | Sunu Assurances Nigeria Plc | 2.03B | 0.35 | -22.2% |
| REGALINS | Regency Alliance Insurance | 1.67B | 0.25 | -51% |
| WEMABANK | Wema Bank | 45.1B | 3.51 | +388% |
| ABBEYBDS | Abbey Mortgage Bank Plc | 17.3B | 1.70 | +63.5% |
| JAIZBANK | Jaiz Bank Plc | 31.4B | 0.91 | +62.5% |
| CORNERST | Cornerstone Insurance Company | 13.3B | 0.73 | +58.7% |
| LIVINGTRUST | LivingTrust Mortgage Bank | 7.15B | 1.43 | +37.5% |
| UCAP | United Capital Plc | 74.4B | 12.40 | +25.3% |
| ETI | Ecobank Transnational Inc | 195B | 10.60 | +21.8% |