NMG - Nation Media Group
Nation Media Group, founded in 1959 by Aga Khan, is a Kenyan company engaged in the printing, publication, and distribution of newspapers and magazines; also radio and television broadcasting in the East African countries of Kenya, Uganda, Rwanda, and Tanzania through its subsidiaries and associate companies. The company, currently the largest independent media house in East and Central Africa, is active under such brands as Business Daily, The Daily Nation, Easy FM, K FM, The Daily Monitor, NTV, NTV Uganda, Q FM, Taifa Leo, and the East African.
Nation Media Group operates through its subsidiaries including Nation Marketing & Publishing Limited, Monitor Publications Limited, Mwananchi Communications Limited, Nation Holdings Tanzania Limited, Africa Broadcasting Uganda Limited, Nation Holdings Rwanda Limited, and other non-trading entities. The company's popular papers Daily Nation and Sunday Nation were first printed in 1960.
Nation Media Group is listed on the Nairobi Securities Exchange (NSE). Nation Media is traded on the NSE under the ticker symbol “NMG”. The International Securities Identification Number (ISIN) of NSE:NMG is KE0000000380. Nation Media Group is currently the 28th most valuable stock on the NSE with a market capitalization of KES 3.36 billion, which is about 0.171% of the Nairobi Securities Exchange equity market.
|Last Trading Results|
|Day’s Low Price||15.95|
|Day’s High Price||16.50|
|Number of Deals||7|
|Growth & Valuation|
|Earnings Per Share||2.50|
|Dividend Per Share|
NMG Stock Market Performance
The current share price of Nation Media Group (NMG) is KES 16.20. NMG closed its last trading day (Wednesday, November 30, 2022) at 16.20 KES per share on the Nairobi Securities Exchange (NSE), recording a 1.2% drop from its previous closing price of 16.40 KES. Nation Media began the year with a share price of 18.45 KES but has since lost 12.2% off that price valuation, ranking it 33rd on the NSE in terms of year-to-date performance.
Nation Media Group is the 29th most traded stock on the Nairobi Securities Exchange over the past three months (Aug 31 - Nov 30, 2022). NMG has traded a total volume of 1.13 million shares—in 628 deals—valued at KES 19.8 million over the period, with an average of 17,998 traded shares per session. A volume high of 231,100 was achieved on September 12th, and a low of 300 on November 16th, for the same period. The table below details the last 10 trading days of activity of Nation Media on the Nairobi Securities Exchange.
Profile of Nation Media Group
Nation Media Group operates in the Consumer Services sector, specifically, the Media industry.
Factsheet of Nation Media Group
- Consumer Services
- Nation Centre, Kimathi Street, PO Box 49010-00100 GPO, Nairobi, Kenya
- +254-20-328-8000, +254-719-038-000, +254-732-038-000
NMG Industrial Market Competitors
Nation Media Group, issuers of the NMG stock on the Nairobi Securities Exchange, have a number of market competitors who are also engaged in the Consumer Services sector and/or Media industry. The table below presents an overview of the market standing of the top nine by year-to-date performance.
|CGEN||Car and General Kenya Limited||1.56B||39.00||+14.9%|
|UCHM||Uchumi Supermarket Limited||98.5M||0.27||+12.5%|
|LKL||Longhorn Publishers Limited||913M||3.35||-16.3%|
|TPSE||TPS Eastern Africa Serena Limited||2.17B||11.90||-22%|
|XPRS||Express Kenya Limited||143M||3.00||-26.8%|
|SGL||Standard Group Limited||745M||9.12||-32.7%|
|NBV||Nairobi Business Ventures Ltd||1.76B||3.58||-40.9%|