CIC - CIC Insurance Group Limited
The Co-operative Insurance Company of Kenya Limited (CIC Insurance) was established in 1978 and was formerly known as Co-operative Insurance Services Limited (CIS). In 1999, the company name was changed to the Co-operative Insurance Company of Kenya Limited (CIC Insurance). The company underwrites both Life and General classes of insurance.
CIC Insurance Group Limited is listed on the Nairobi Securities Exchange (NSE). CIC is traded on the NSE under the ticker symbol “CIC”. The International Securities Identification Number (ISIN) of NSE:CIC is KE2000002317. CIC Insurance Group Limited is currently the 21st most valuable stock on the NSE with a market capitalization of KES 5.36 billion, which makes about 0.271% of the Nairobi Securities Exchange equity market.
| Last Trading Results | |
|---|---|
| Opening Price | 1.99 |
| Day’s Low Price | 1.95 |
| Day’s High Price | 2.08 |
| Traded Volume | 73,600 |
| Number of Deals | 11 |
| Gross Turnover | 146,671.00 |
| Growth & Valuation | |
|---|---|
| Earnings Per Share | 0.23 |
| Price/Earning Ratio | 8.91 |
| Dividend Per Share | |
| Dividend Yield | |
| Shares Outstanding | 2.62B |
| Market Capitalization | 5.36B |
CIC Stock Market Performance
| 1WK | 4WK | 3MO |
|---|---|---|
| +2.5% | +3.02% | -3.76% |
| 6MO | 1YR | YTD |
|---|---|---|
| +3.54% | +2.5% | -7.24% |
The current share price of CIC Insurance Group Limited (CIC) is KES 2.00. CIC closed its last trading day (Tuesday, November 29, 2022) at 2.05 KES per share on the Nairobi Securities Exchange (NSE), recording a 4.6% gain over its previous closing price of 1.96 KES. CIC began the year with a share price of 2.21 KES but has since lost 7.24% off that price valuation, ranking it 30th on the NSE in terms of year-to-date performance.
CIC Insurance Group is the 15th most traded stock on the Nairobi Securities Exchange over the past three months (Aug 30 - Nov 29, 2022). CIC has traded a total volume of 4.53 million shares—in 1,478 deals—valued at KES 8.98 million over the period, with an average of 71,943 traded shares per session. A volume high of 506,500 was achieved on October 14th, and a low of 4,900 on November 2nd, for the same period. The table below details the last 10 trading days of activity of CIC Insurance on the Nairobi Securities Exchange.
| Date | Volume | Close | Change | Change% |
|---|---|---|---|---|
| 2022-11-29 | 16,700 | 2.05 | +0.09 | +4.59% |
| 2022-11-28 | 23,000 | 1.96 | +0.05 | +2.62% |
| 2022-11-25 | 73,100 | 1.91 | -0.07 | -3.54% |
| 2022-11-24 | 15,300 | 1.98 | +0.02 | +1.02% |
| 2022-11-23 | 71,100 | 1.96 | -0.04 | -2.00% |
| 2022-11-22 | 153,400 | 2.00 | +0.03 | +1.52% |
| 2022-11-21 | 31,100 | 1.97 | +0.08 | +4.23% |
| 2022-11-18 | 31,900 | 1.89 | -0.01 | -0.53% |
| 2022-11-17 | 39,900 | 1.90 | -0.02 | -1.04% |
| 2022-11-16 | 102,400 | 1.92 |
Profile of CIC Insurance Group Limited
CIC Insurance Group Limited operates in the Financials sector.
Factsheet of CIC Insurance Group Limited
- Sector
- Financials
- Industry
- —
- Address
- CIC PLAZA, Mara Road, Upper Hill, Nairobi, Kenya
- Telephone
- +254-202823000
- —
- Website
- cic.co.ke
CIC Industrial Market Competitors
CIC Insurance Group Limited, issuers of the CIC stock on the Nairobi Securities 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 |
|---|---|---|---|---|
| NCBA | NCBA Group Plc | 54.4B | 33.00 | +31% |
| SCBK | Standard Chartered Bank Limited | 54.5B | 144.25 | +12.5% |
| GLD | Absa NewGold ETF | 525M | 2,100.00 | +11.7% |
| SBIC | Stanbic Holdings Limited | 37.6B | 95.00 | +8.88% |
| BKG | BK Group Plc | 26.6B | 29.65 | +2.24% |
| KURV | Kurwitu Ventures Limited | 153M | 1,500.00 | |
| ABSA | Absa Bank Kenya Plc | 64.1B | 11.80 | -0.42% |
| COOP | Co-operative Bank of Kenya Limited | 71B | 12.10 | -6.56% |
| HAFR | Home Afrika Limited | 146M | 0.36 | -10% |
| EQTY | Equity Group Holdings Limited | 177B | 46.95 | -11% |
