CABL - East African Cables Limited
East African Cables Limited is a Kenya-based company engaged in the manufacture and sale of electrical cables and conductors. Its product range includes copper cables, aluminum conductors, fiber optic cables, as well as telecommunication and data cables and related accessories. The Company's products are manufactured cables for applications in domestic and Industrial lighting, as well as transmission and distribution of electricity. The company has four manufacturing facilities; two in Nairobi, Kenya, one in Dar es Salaam Tanzania and one in Eastern DRC. It has a network of agencies and branches throughout the region. E A Cables Ltd operates through its subsidiary, East African Cables (Tanzania) Limited, in which it holds a 51% stake.
East African Cables Limited is listed on the Nairobi Securities Exchange (NSE). East African Cables is traded on the NSE under the ticker symbol “CABL”. The International Securities Identification Number (ISIN) of NSE:CABL is KE0000000174. East African Cables Limited is currently the 54th most valuable stock on the NSE with a market capitalization of KES 253 million, which makes about 0.013% of the Nairobi Securities Exchange equity market.
| Last Trading Results | |
|---|---|
| Opening Price | |
| Day’s Low Price | 0.98 |
| Day’s High Price | 1.04 |
| Traded Volume | 23,200 |
| Number of Deals | 22 |
| Gross Turnover | 23,190.00 |
| Growth & Valuation | |
|---|---|
| Earnings Per Share | 1.92 |
| Price/Earning Ratio | 0.52 |
| Dividend Per Share | |
| Dividend Yield | |
| Shares Outstanding | 253M |
| Market Capitalization | 253M |
CABL Stock Market Performance
| 1WK | 4WK | 3MO |
|---|---|---|
| +13.6% | -0.99% | -8.26% |
| 6MO | 1YR | YTD |
|---|---|---|
| -16.7% | -25.9% | -16.7% |
The current share price of East African Cables Limited (CABL) is KES 1.00. CABL closed its last trading day (Monday, July 4, 2022) at 1.00 KES per share on the Nairobi Securities Exchange (NSE), recording a 3.1% gain over its previous closing price of 0.97 KES. East African Cables began the year with a share price of 1.20 KES but has since lost 16.7% off that price valuation, ranking it 48th on the NSE in terms of year-to-date performance.
East African Cables is the 30th most traded stock on the Nairobi Securities Exchange over the past three months (Mar 30 - Jul 4, 2022). CABL has traded a total volume of 1.19 million shares—in 737 deals—valued at KES 1.19 million over the period, with an average of 18,879 traded shares per session. A volume high of 93,500 was achieved on May 26th, and a low of 1,000 on May 5th, for the same period. The table below details the last 10 trading days of activity of East African Cables on the Nairobi Securities Exchange.
| Date | Volume | Close | Change | Change% |
|---|---|---|---|---|
| 2022-07-04 | 23,200 | 1.00 | +0.03 | +3.09% |
| 2022-07-01 | 7,600 | 0.97 | +0.07 | +7.78% |
| 2022-06-30 | 8,000 | 0.90 | +0.07 | +8.43% |
| 2022-06-29 | 6,300 | 0.83 | +0.02 | +2.47% |
| 2022-06-28 | 32,800 | 0.81 | -0.07 | -7.95% |
| 2022-06-27 | 39,900 | 0.88 | -0.06 | -6.38% |
| 2022-06-24 | 2,500 | 0.94 | +0.03 | +3.30% |
| 2022-06-23 | 32,800 | 0.91 | -0.06 | -6.19% |
| 2022-06-22 | 7,400 | 0.97 | -0.01 | -1.02% |
| 2022-06-21 | 1,700 | 0.98 |
Profile of East African Cables Limited
East African Cables Limited operates in the Industrials sector.
Factsheet of East African Cables Limited
- Sector
- Industrials
- Industry
- —
- Address
- Addis Ababa Rd, Industrial Area, P.O. Box 18243 - 00500, Nairobi, Kenya
- Telephone
- +254-206607000
- —
- Website
- www.eacables.com
CABL Industrial Market Competitors
East African Cables Limited, issuers of the CABL stock on the Nairobi Securities Exchange, have four market competitors who are also engaged in the Industrials sector. The table below presents an overview of their market standing.
| Code | Name | M. Cap. | Close | YTD |
|---|---|---|---|---|
| OCH | Olympia Capital Holdings Limited | 100M | 2.50 | +25% |
| PORT | East African Portland Cement Co. Ltd | 729M | 8.10 | +21.6% |
| TCL | Trans Century Limited | 413M | 1.10 | -5.98% |
| BAMB | Bamburi Cement Limited | 12.5B | 34.35 | -9.61% |
