CARB - Carbacid Investments Limited
Carbacid (CO2) Limited is a liquefied carbon dioxide manufacturer. The Company, based in Kenya, manufactures and supplies carbon dioxide, gases and gas mixtures. It is engaged in production, purification and distribution. Carbacid's gases and gas supply equipment are used in applications such as scientific laboratories, refrigeration systems, aerosol propellant products, high technology medical and pharmaceutical processes, environmental emission control, and food processing. It develops solution-orientated customer partnerships. The Company's technical and application specialists offer advice and training in the safe handling and use of the products.
Carbacid Investments Limited is listed on the Nairobi Securities Exchange (NSE). Carbacid is traded on the NSE under the ticker symbol “CARB”. The International Securities Identification Number (ISIN) of NSE:CARB is KE0000000117. Carbacid Investments Limited is currently the 29th most valuable stock on the NSE with a market capitalization of KES 3.73 billion, which is about 0.254% of the Nairobi Securities Exchange equity market.
| Last Trading Results | |
|---|---|
| Opening Price | |
| Day’s Low Price | 14.55 |
| Day’s High Price | 15.00 |
| Traded Volume | 2,100 |
| Number of Deals | 7 |
| Gross Turnover | 30,735.00 |
| Growth & Valuation | |
|---|---|
| Earnings Per Share | |
| Price/Earning Ratio | |
| Dividend Per Share | |
| Dividend Yield | |
| Shares Outstanding | 255M |
| Market Capitalization | 3.73B |
CARB Stock Market Performance
| 1WK | 4WK | 3MO |
|---|---|---|
| -1.01% | -14.8% | -10.7% |
| 6MO | 1YR | YTD |
|---|---|---|
| +8.12% | +27.4% | +22.1% |
The current share price of Carbacid Investments Limited (CARB) is KES 14.65. CARB closed its last trading day (Monday, December 11, 2023) at 14.65 KES per share on the Nairobi Securities Exchange (NSE), recording a 4.9% drop from its previous closing price of 15.40 KES. Carbacid began the year with a share price of 12.00 KES and has since gained 22.1% on that price valuation, ranking it 11th on the NSE in terms of year-to-date performance. Investors should, however, take caution of CARB’s recent poor performance, having lost 15% of its value in the past four weeks.
Carbacid Investments is the 23rd most traded stock on the Nairobi Securities Exchange over the past three months (Sep 11 - Dec 11, 2023). CARB has traded a total volume of 1.42 million shares valued at KES 22.9 million over the period, with an average of 22,592 traded shares per session. A volume high of 275,200 was achieved on September 18th, and a low of 200 on October 12th, for the same period. The table below details the last 10 trading days of activity of Carbacid Investments on the Nairobi Securities Exchange.
| Date | Volume | Close | Change | Change% |
|---|---|---|---|---|
| 2023-12-11 | 2,100 | 14.65 | -0.75 | -4.87% |
| 2023-12-08 | 9,700 | 15.40 | +0.60 | +4.05% |
| 2023-12-07 | 13,200 | 14.80 | -0.10 | -0.67% |
| 2023-12-06 | 2,200 | 14.90 | +0.10 | +0.68% |
| 2023-12-05 | 22,400 | 14.80 | ||
| 2023-12-04 | 1,500 | 14.80 | -0.20 | -1.33% |
| 2023-12-01 | 600 | 15.00 | ||
| 2023-11-30 | 2,300 | 15.00 | +0.15 | +1.01% |
| 2023-11-29 | 1,500 | 14.85 | +0.30 | +2.06% |
| 2023-11-28 | 41,400 | 14.55 |
Profile of Carbacid Investments Limited
Carbacid Investments Limited operates in the Basic Materials sector.
Factsheet of Carbacid Investments Limited
- Sector
- Basic Materials
- Industry
- —
- Address
- Empress Plaza, Jalaram Road/Ring Road Parklands, Westlands, Nairobi, Kenya
- Telephone
- +254-208-068-349
- —
- Website
- www.carbacid.co.ke
CARB Industrial Market Competitors
Carbacid Investments Limited, issuers of the CARB stock on the Nairobi Securities Exchange, have three market competitors who are also engaged in the Basic Materials sector. The table below presents an overview of their market standing.
| Code | Name | M. Cap. | Close | YTD |
|---|---|---|---|---|
| BOC | BOC Kenya Limited | 1.65B | 84.50 | +19.4% |
| FTGH | Flame Tree Group Holdings Limited | 180M | 1.01 | -6.48% |
| CRWN | Crown Paints Kenya Limited | 5.11B | 35.90 | -14.2% |
