KQ - Kenya Airways Limited

Jul 2, 2020 at 14:00 Twitter · Facebook

KQ share price on Nairobi Securities Exchange

Kenya Airways Limited is a Kenya-based company that operates in the aviation industry. It is engaged in international, regional, and domestic carriage of passengers and cargo by air, the provision of ground handling services to other airlines, and the handling of import and export cargo. The company operates domestic flights and flies to 56 destinations in Africa, Middle East, Asia, and Europe. As on March 31, 2012, Kenya Airways had a total of 34 aircraft, either owned or on operating leases. These comprise four Boeing 777 wide body jets, five Boeing 767 wide body jets, 15 Boeing 737 narrow body jets, nine Embraer regional jets, and one B747 Freighter.

Kenya Airways, the only African carrier member of the Sky Team Alliance since 2007, operates through several subsidiary companies, including Kenya Airfreight Handling Ltd, African Cargo Handling Ltd, Kencargo Airlines International Ltd, and Flamingo Airlines Ltd

NOTE: Shares of Kenya Airways Limited are currently suspended from trading on the Nairobi Securities Exchange (NSE) since close of trading on Thursday, July 2, 2020. Kenya Airways is traded on the NSE under the ticker symbol “KQ”. The International Securities Identification Number (ISIN) of NSE:KQ is KE0000000307. Kenya Airways Limited is currently the 15th most valuable stock on the NSE with a market capitalization of KES 21.8 billion, which makes about 1.21% of the Nairobi Securities Exchange equity market.

KQ Stock Market Performance

The current share price of Kenya Airways Limited (KQ) is KES 3.83. KQ closed its last trading day (Thursday, July 2, 2020) at 3.83 KES per share on the Nairobi Securities Exchange (NSE), recording a 6.4% gain over its previous closing price of 3.60 KES. Kenya Airways began the year with a share price of 2.05 KES and has since gained 86.8% on that price valuation. Shareholders can be optimistic about KQ knowing the stock has accrued an outstanding 81% over the past four-week period alone.

Kenya Airways has traded a total volume of 26.6 million shares—in 3,177 deals—valued at KES 53.1 million over the past three months (Mar 31 - Jul 2, 2020), with an average of 422,329 traded shares per session. A volume high of 2.33 million was achieved on April 30th, and a low of 2,900 on June 26th, for the same period. The table below details the last 10 trading days of activity of Kenya Airways on the Nairobi Securities Exchange.

Profile of Kenya Airways Limited

Kenya Airways Limited operates in the Industrials sector, specifically, the Aviation industry. Kenya Airways contracts an estimated total number of 3,582 employees. The company is led by Allan Kilavuka as its Group Managing Director & CEO. The company's board of directors, chaired by Michael Joseph (77), is composed of 13 members whose names are listed below.

1. Joseph, Michael
   Non-Executive Chairman
2. Kilavuka, Allan
   Group Managing Director & CEO
3. Thugge, Kamau (Dr.)
   Non-Executive Director
4. Veenstra, Jozef
   Non-Executive Director
5. Musyoka, Carol
   Non-Executive Director
6. Oduor-Otieno, Martin
   Non-Executive Director
7. Armstrong, Caroline
   Non-Executive Director
8. Koimett, Esther (Mrs.)
   Non-Executive Director
9. Kitungu, Solomon
   Non-Executive Director
10. Bodo, Nicholas
    Board Member
11. Gichangi, Michael (Maj-Gen. Rtd.)
    Independent Non-Executive Director
12. Ngumi, John
    Independent Non-Executive Director
13. Sirima, Haron (Dr.)
    Alternate for Dr. Thugge

KQ Industrial Market Competitors

Kenya Airways Limited, issuers of the KQ stock on the Nairobi Securities Exchange, have five market competitors who are also engaged in the Industrials sector and/or Aviation industry. The table below presents an overview of their market standing.

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