UMME - Umeme Limited
Umeme Limited is an Uganda-based company engaged in the distribution and sale of electricity. The Company's operations include operating and maintaining an electricity network, meter reading, billing, revenue collection and installing new connections in Uganda. The Company supplies electricity to individual clients, commercial users, which include small, medium and large industrial customers, as well as to cities, municipalities, towns, trading centres and community centers. The network is operated through district offices. Umeme Ltd is owned by Actis Infrastructure 2 fund.
Umeme Limited is listed on the Nairobi Securities Exchange (NSE). Umeme is traded on the NSE under the ticker symbol “UMME”. The International Securities Identification Number (ISIN) of NSE:UMME is KE2000005815. Umeme Limited is currently the 14th most valuable stock on the NSE with a market capitalization of KES 14.8 billion, which makes about 0.855% of the Nairobi Securities Exchange equity market.
| Last Trading Results | |
|---|---|
| Opening Price | |
| Day’s Low Price | 9.00 |
| Day’s High Price | 9.98 |
| Traded Volume | 32,400 |
| Number of Deals | 14 |
| Gross Turnover | 295,194.00 |
| Growth & Valuation | |
|---|---|
| Earnings Per Share | |
| Price/Earning Ratio | |
| Dividend Per Share | |
| Dividend Yield | |
| Shares Outstanding | 1.62B |
| Market Capitalization | 14.8B |
UMME Stock Market Performance
| 1WK | 4WK | 3MO |
|---|---|---|
| -8.43% | -6.56% | +26.3% |
| 6MO | 1YR | YTD |
|---|---|---|
| +18.4% | +36.1% | +22.9% |
The current share price of Umeme Limited (UMME) is KES 9.12. UMME closed its last trading day (Thursday, March 23, 2023) at 9.12 KES per share on the Nairobi Securities Exchange (NSE), recording a 6.9% drop from its previous closing price of 9.80 KES. Umeme began the year with a share price of 7.42 KES and has since gained 22.9% on that price valuation, ranking it second on the NSE in terms of year-to-date performance. Investors should, however, take caution of UMME’s recent bad performance, having lost 7% of its value in the past four weeks.
Umeme is the 32nd most traded stock on the Nairobi Securities Exchange over the past three months (Dec 22, 2022 - Mar 23, 2023). UMME has traded a total volume of 850,500 shares valued at KES 7.75 million over the period, with an average of 13,500 traded shares per session. A volume high of 113,800 was achieved on February 14th for the same period. The table below details the last 10 trading days of activity of Umeme on the Nairobi Securities Exchange.
| Date | Volume | Close | Change | Change% |
|---|---|---|---|---|
| 2023-03-23 | 32,400 | 9.12 | -0.68 | -6.94% |
| 2023-03-22 | 10,200 | 9.80 | -0.02 | -0.20% |
| 2023-03-21 | 21,800 | 9.82 | +0.02 | +0.20% |
| 2023-03-20 | 58,500 | 9.80 | ||
| 2023-03-17 | 12,100 | 9.80 | -0.16 | -1.61% |
| 2023-03-16 | 32,800 | 9.96 | -0.02 | -0.20% |
| 2023-03-15 | 7,200 | 9.98 | ||
| 2023-03-14 | 3,400 | 9.98 | +0.26 | +2.67% |
| 2023-03-13 | 21,300 | 9.72 | -0.28 | -2.80% |
| 2023-03-10 | 23,700 | 10.00 |
Profile of Umeme Limited
Umeme Limited operates in the Utilities sector.
Factsheet of Umeme Limited
- Sector
- Utilities
- Industry
- —
- Address
- Rwenzori House, Plot 1 Lumumba Avenue, P. O. Box 23841, Kampala, Uganda
- Telephone
- +256-312-360-600
- —
- Website
- www.umeme.co.ug
UMME Industrial Market Competitors
Umeme Limited, issuers of the UMME stock on the Nairobi Securities Exchange, have four market competitors who are also engaged in the Utilities sector. The table below presents an overview of their market standing.
| Code | Name | M. Cap. | Close | YTD |
|---|---|---|---|---|
| KPLC-P4 | Kenya Power 4% Preference Shares | 7.4M | 4.11 | |
| KPLC-P7 | Kenya Power 7% Preference Shares | 2.1M | 6.00 | |
| KPLC | Kenya Power & Lighting Company | 2.73B | 1.40 | -10.3% |
| KEGN | KenGen Plc | 14.6B | 2.22 | -31.1% |
