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 19th most valuable stock on the NSE with a market capitalization of KES 11.2 billion, which makes about 0.577% of the Nairobi Securities Exchange equity market.
|Last Trading Results|
|Day’s Low Price||6.30|
|Day’s High Price||7.00|
|Number of Deals||11|
|Growth & Valuation|
|Earnings Per Share||0.00|
|Dividend Per Share|
UMME Stock Market Performance
The current share price of Umeme Limited (UMME) is KES 6.88. UMME closed its last trading day (Thursday, June 30, 2022) at 6.88 KES per share on the Nairobi Securities Exchange (NSE), recording a 1.7% drop from its previous closing price of 7.00 KES. Umeme began the year with a share price of 6.74 KES and has since gained 2.08% on that price valuation, ranking it 14th on the NSE in terms of year-to-date performance. Investors should, however, take caution of UMME’s recent poor performance, having lost 14% of its value in the past four weeks.
Umeme is the 13th most traded stock on the Nairobi Securities Exchange over the past three months (Mar 28 - Jun 30, 2022). UMME has traded a total volume of 12 million shares—in 658 deals—valued at KES 94.5 million over the period, with an average of 190,106 traded shares per session. A volume high of 6.49 million was achieved on April 21st for the same period. The table below details the last 10 trading days of activity of Umeme on the Nairobi Securities Exchange.
Profile of Umeme Limited
Umeme Limited operates in the Utilities sector.
Factsheet of Umeme Limited
- Rwenzori House, Plot 1 Lumumba Avenue, P. O. Box 23841, Kampala, Uganda
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.
|KPLC-P7||Kenya Power 7% Preference Shares||2.1M||6.00|
|KPLC-P4||Kenya Power 4% Preference Shares||7.4M||4.11||-9.27%|
|KPLC||Kenya Power & Lighting Company||2.79B||1.43||-18.3%|