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 24th most valuable stock on the NSE with a market capitalization of KES 5.49 billion, which makes about 0.284% of the Nairobi Securities Exchange equity market.
| Last Trading Results | |
|---|---|
| Opening Price | |
| Day’s Low Price | 2.00 |
| Day’s High Price | 2.15 |
| Traded Volume | 58,100 |
| Number of Deals | 20 |
| Gross Turnover | 122,222.00 |
| Growth & Valuation | |
|---|---|
| Earnings Per Share | 0.23 |
| Price/Earning Ratio | 9.13 |
| Dividend Per Share | |
| Dividend Yield | |
| Shares Outstanding | 2.62B |
| Market Capitalization | 5.49B |
CIC Stock Market Performance
| 1WK | 4WK | 3MO |
|---|---|---|
| +7.69% | +6.6% | +1.94% |
| 6MO | 1YR | YTD |
|---|---|---|
| -3.67% | -2.33% | -4.98% |
The current share price of CIC Insurance Group Limited (CIC) is KES 2.10. CIC closed its last trading day (Thursday, June 30, 2022) at 2.10 KES per share on the Nairobi Securities Exchange (NSE), recording a 2.9% gain over its previous closing price of 2.04 KES. CIC began the year with a share price of 2.21 KES but has since lost 4.98% off that price valuation, ranking it 27th on the NSE in terms of year-to-date performance. Shareholders’ fears may be allayed by the 7% increase of CIC share price since June 2nd, which is 11th best on NSE.
CIC Insurance Group is the 19th most traded stock on the Nairobi Securities Exchange over the past three months (Mar 28 - Jun 30, 2022). CIC has traded a total volume of 3.4 million shares—in 1,569 deals—valued at KES 6.93 million over the period, with an average of 53,925 traded shares per session. A volume high of 158,100 was achieved on April 27th, and a low of 4,900 on June 27th, 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% |
|---|---|---|---|---|
| 2022-06-30 | 58,100 | 2.10 | +0.06 | +2.94% |
| 2022-06-29 | 92,000 | 2.04 | +0.07 | +3.55% |
| 2022-06-28 | 37,700 | 1.97 | -0.03 | -1.50% |
| 2022-06-27 | 4,900 | 2.00 | +0.04 | +2.04% |
| 2022-06-24 | 77,900 | 1.96 | +0.01 | +0.51% |
| 2022-06-23 | 18,800 | 1.95 | ||
| 2022-06-22 | 26,800 | 1.95 | +0.04 | +2.09% |
| 2022-06-21 | 21,100 | 1.91 | +0.02 | +1.06% |
| 2022-06-20 | 21,400 | 1.89 | ||
| 2022-06-17 | 95,800 | 1.89 |
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 |
|---|---|---|---|---|
| SBIC | Stanbic Holdings Limited | 39B | 98.75 | +13.2% |
| GLD | Absa NewGold ETF | 504M | 2,015.00 | +7.18% |
| SLAM | Sanlam Kenya Plc | 1.73B | 12.00 | +3.9% |
| BKG | BK Group Plc | 26.4B | 29.45 | +1.55% |
| KURV | Kurwitu Ventures Limited | 153M | 1,500.00 | |
| SCBK | Standard Chartered Bank Limited | 47.1B | 124.75 | -2.73% |
| NCBA | NCBA Group Plc | 38.9B | 23.60 | -6.35% |
| NSE | Nairobi Securities Exchange Limited | 1.85B | 7.12 | -11% |
| ABSA | Absa Bank Kenya Plc | 56.8B | 10.45 | -11.8% |
| KNRE | Kenya Re-Insurance Corporation Ltd | 5.57B | 1.99 | -13.5% |
