CGEN - Car and General Kenya Limited

Mar 24, 2023 at 12:03 Twitter · Facebook

CGEN share price on Nairobi Securities Exchange

Car and General (Kenya) Limited is a Kenya-based holding company engaged in the sales and service of power equipment, household goods, agricultural tractors and implements, marine engines, motor cycles, motor cars, three-wheeler vehicles, commercial laundry equipment, commercial engines and general goods. The company's operating segments include Trade and workshop, Poultry, and Investment properties. Trade and workshop is engaged in sales and service of power equipments, household goods, agricultural tractors and implements, marine engines, motor cycles, motor cars, three-wheeler vehicles, commercial laundry equipment, commercial engines and general goods. The Poultry segment is engaged in day old chick farming, and the Investment properties is engaged in property rentals.

Car and General Kenya Limited is listed on the Nairobi Securities Exchange (NSE). Car and General is traded on the NSE under the ticker symbol “CGEN”. The International Securities Identification Number (ISIN) of NSE:CGEN is KE0000000109. Car and General Kenya Limited is currently the 41st most valuable stock on the NSE with a market capitalization of KES 1.24 billion, which is about 0.072% of the Nairobi Securities Exchange equity market.

CGEN Stock Market Performance

The current share price of Car and General Kenya Limited (CGEN) is KES 30.95. CGEN closed its last trading day (Thursday, March 23, 2023) at 30.95 KES per share on the Nairobi Securities Exchange (NSE), recording a 5.9% drop from its previous closing price of 32.90 KES. Car and General began the year with a share price of 47.45 KES but has since lost 34.8% off that price valuation, ranking it 60th on the NSE in terms of year-to-date performance. Shareholders’ worries are compounded by the fact that CGEN has lost 17% of the stock’s value from February 23rd to date.

Car and General Kenya is the 43rd most traded stock on the Nairobi Securities Exchange over the past three months (Dec 22, 2022 - Mar 24, 2023). CGEN has traded a total volume of 156,800 shares—in 134 deals—valued at KES 6.5 million over the period, with an average of 2,489 traded shares per session. A volume high of 100,000 was achieved on December 23rd for the same period. The table below details the last 10 trading days of activity of Car and General Kenya on the Nairobi Securities Exchange.

Profile of Car and General (Kenya) Limited

Car and General (Kenya) Limited operates in the Consumer Services sector.

CGEN Industrial Market Competitors

Car and General (Kenya) Limited, issuers of the CGEN stock on the Nairobi Securities Exchange, have a number of market competitors who are also engaged in the Consumer Services sector. The table below presents an overview of the market standing of the top nine by year-to-date performance.

Index of African Stock Exchanges:

1. Botswana Stock Exchange
2. BRVM Stock Exchange
3. Ghana Stock Exchange
4. Johannesburg Stock Exchange
5. Lusaka Securities Exchange
6. Malawi Stock Exchange
7. Nairobi Securities Exchange
8. Nigerian Stock Exchange
9. Uganda Securities Exchange
10. Zimbabwe Stock Exchange