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 54th most valuable stock on the NGX with a market capitalization of NGN 37.6 billion, which is about 0.067% of the Nigerian Stock Exchange equity market.
| Last Trading Results | |
|---|---|
| Opening Price | |
| Day’s Low Price | 7.50 |
| Day’s High Price | 7.50 |
| Traded Volume | 179,284 |
| Number of Deals | 10 |
| Gross Turnover | 1.35M |
| Growth & Valuation | |
|---|---|
| Earnings Per Share | |
| Price/Earning Ratio | |
| Dividend Per Share | |
| Dividend Yield | |
| Shares Outstanding | 5.02B |
| Market Capitalization | 37.6B |
NEM Stock Market Performance
| 1WK | 4WK | 3MO |
|---|---|---|
| -5.06% | -21.5% |
| 6MO | 1YR | YTD |
|---|---|---|
| +24% | +50% | +19.1% |
The current share price of N.E.M. Insurance Company (NEM) is NGN 7.50. NEM closed its last trading day (Friday, September 13, 2024) at 7.50 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 19.1% on that price valuation, ranking it 55th on the NGX in terms of year-to-date performance. Investors should, however, take caution of NEM’s recent bad performance, having lost 5% of its value in the past four weeks.
N.E.M. Insurance Company is the 61st most traded stock on the Nigerian Stock Exchange over the past three months (Jun 19 - Sep 13, 2024). NEM has traded a total volume of 54 million shares—in 1,511 deals—valued at NGN 446 million over the period, with an average of 857,611 traded shares per session. A volume high of 23.3 million was achieved on July 2nd, and a low of 18,392 on August 8th, 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% |
|---|---|---|---|---|
| 2024-09-13 | 179,284 | 7.50 | ||
| 2024-09-12 | 339,191 | 7.50 | ||
| 2024-09-11 | 380,070 | 7.50 | -0.10 | -1.32% |
| 2024-09-10 | 236,110 | 7.60 | +0.10 | +1.33% |
| 2024-09-09 | 126,371 | 7.50 | ||
| 2024-09-06 | 645,181 | 7.50 | -0.10 | -1.32% |
| 2024-09-05 | 769,725 | 7.60 | +0.10 | +1.33% |
| 2024-09-04 | 1,014,365 | 7.50 | ||
| 2024-09-03 | 246,965 | 7.50 | ||
| 2024-09-02 | 392,075 | 7.50 |
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 | 19.7B | 1.42 | +284% |
| CORNERST | Cornerstone Insurance Company | 45.4B | 2.50 | +78.6% |
| GUINEAINS | Guinea Insurance | 3.97B | 0.50 | +72.4% |
| SFSREIT | Skye Shelter Fund Plc | 3.26B | 163.15 | +61% |
| DEAPCAP | Deap Capital Management & Trust | 1.4B | 0.93 | +60.3% |
| SOVRENINS | Sovereign Trust Insurance | 9.11B | 0.64 | +52.4% |
| CUSTODIAN | Custodian & Allied Plc | 76.5B | 13.00 | +44.4% |
| AIICO | Aiico Insurance Plc | 41B | 1.12 | +40% |
| UNIVINSURE | Universal Insurance Company | 5.76B | 0.36 | +38.5% |
| FBNH | FBN Holdings Plc | 1.04T | 29.00 | +23.1% |