NEM - N.E.M. Insurance Company
General Insurance Business
N.E.M. Insurance Company is listed on the Nigerian Stock Exchange (NGX) since September 5th, 1990. N.E.M. is traded on the NGX under the ticker symbol “NEM”. The International Securities Identification Number (ISIN) of NGX:NEM is NGNEM0000005. N.E.M. Insurance Company is currently the 44th most valuable stock on the NGX with a market capitalization of NGN 51.9 billion, which is about 0.092% of the Nigerian Stock Exchange equity market.
| Last Trading Results | |
|---|---|
| Opening Price | |
| Day’s Low Price | |
| Day’s High Price | |
| Traded Volume | 306 |
| Number of Deals | 3 |
| Gross Turnover | 2,861.10 |
| Growth & Valuation | |
|---|---|
| Earnings Per Share | |
| Price/Earning Ratio | |
| Dividend Per Share | |
| Dividend Yield | |
| Shares Outstanding | 5.02B |
| Market Capitalization | 51.9B |
NEM Stock Market Performance
| 1WK | 4WK | 3MO |
|---|---|---|
| -0.48% | +29.4% | +29.4% |
| 6MO | 1YR | YTD |
|---|---|---|
| +107% | +166% | +64.3% |
The current share price of N.E.M. Insurance Company (NEM) is NGN 10.35. NEM closed its last trading day (Tuesday, April 23, 2024) at 10.35 NGN per share on the Nigerian Stock Exchange (NGX). N.E.M. began the year with a share price of 6.30 NGN and has since gained 64.3% on that price valuation, ranking it seventh on the NGX in terms of year-to-date performance. Shareholders can be optimistic about NEM knowing the stock has accrued 29% over the past four-week period alone—third best on NGX.
N.E.M. Insurance Company is the 58th most traded stock on the Nigerian Stock Exchange over the past three months (Jan 19 - Apr 23, 2024). NEM has traded a total volume of 74.2 million shares—in 1,778 deals—valued at NGN 631 million over the period, with an average of 1.18 million traded shares per session. A volume high of 30.2 million was achieved on April 12th, and a low of 306 on April 23rd, for the same period. The table below details the last 10 trading days of activity of N.E.M. Insurance on the Nigerian Stock Exchange.
| Date | Volume | Close | Change | Change% |
|---|---|---|---|---|
| 2024-04-23 | 306 | 10.35 | ||
| 2024-04-22 | 4,260 | 10.35 | ||
| 2024-04-19 | 690,510 | 10.35 | -0.05 | -0.48% |
| 2024-04-18 | 40,763 | 10.40 | ||
| 2024-04-17 | 324,598 | 10.40 | ||
| 2024-04-16 | 317,916 | 10.40 | ||
| 2024-04-15 | 892,821 | 10.40 | +0.85 | +8.90% |
| 2024-04-12 | 30,152,088 | 9.55 | -0.25 | -2.55% |
| 2024-04-08 | 184,035 | 9.80 | ||
| 2024-04-05 | 103,869 | 9.80 |
Profile of N.E.M. Insurance Company
N.E.M. Insurance Company operates in the Financials sector.
Factsheet of N.E.M. Insurance Company
- Sector
- Financials
- Industry
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- Address
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- Telephone
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- Website
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NEM Industrial Market Competitors
N.E.M. Insurance Company, issuers of the NEM stock on the Nigerian Stock Exchange, have a number of market competitors who are also engaged in the Financials sector. 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 |
|---|---|---|---|---|
| VERITASKAP | Veritas Kapital Assurance Plc | 8.18B | 0.59 | +59.5% |
| UNIVINSURE | Universal Insurance Company | 5.76B | 0.36 | +38.5% |
| CORNERST | Cornerstone Insurance Company | 35.1B | 1.93 | +37.9% |
| AIICO | Aiico Insurance Plc | 37.3B | 1.02 | +27.5% |
| WEMABANK | Wema Bank | 90B | 7.00 | +25% |
| ETI | Ecobank Transnational Inc | 477B | 26.00 | +24.4% |
| LINKASSURE | Linkage Assurance | 13.3B | 0.95 | +18.8% |
| PRESTIGE | Prestige Assurance Company | 7.95B | 0.60 | +17.7% |
| INFINITY | Infinity Trust Mortgage Bank | 29.4B | 7.04 | +17.3% |
| GUINEAINS | Guinea Insurance | 2.7B | 0.34 | +17.2% |