UMEM - Umeme Limited
Umeme Limited was first incorporated in Uganda as a private limited company on May 6, 2004, and later converted into a public company on June 28, 2012 under the Companies Act. Umeme is a subsidiary of Umeme Holdings, which is itself a subsidiary of Actis Infrastructure 2 LP, an investment fund under the management of Actis, through a holding company in Mauritius, Actis Infrastructure Umeme Limited. Umeme took over the distribution system for the distribution and supply of electricity in Uganda from Uganda Electricity Distribution Company Ltd (UEDCL) under the concession for a period of 20 years commencing March 1, 2005.
Umeme Limited is listed on the Uganda Securities Exchange (USE) since November 30th, 2012. Umeme is traded on the USE under the ticker symbol “UMEM”. The International Securities Identification Number (ISIN) of USE:UMEM is UG0000001145. Umeme Limited is currently the eighth most valuable stock on the USE with a market capitalization of UGX 487 billion, which makes about 2.51% of the Uganda Securities Exchange equity market.
| Last Trading Results | |
|---|---|
| Opening Price | |
| Day’s Low Price | |
| Day’s High Price | |
| Traded Volume | 47,600 |
| Number of Deals | |
| Gross Turnover | 14.3M |
| Growth & Valuation | |
|---|---|
| Earnings Per Share | |
| Price/Earning Ratio | |
| Dividend Per Share | |
| Dividend Yield | |
| Shares Outstanding | 1.62B |
| Market Capitalization | 487B |
UMEM Stock Market Performance
| 1WK | 4WK | 3MO |
|---|---|---|
| +24.5% |
| 6MO | 1YR | YTD |
|---|---|---|
| +50% | +76.5% | +9.09% |
The current share price of Umeme Limited (UMEM) is UGX 300.00. UMEM closed its last trading day (Friday, March 24, 2023) at 300.00 UGX per share on the Uganda Securities Exchange (USE). Umeme began the year with a share price of 275.00 UGX and has since gained 9.09% on that price valuation, ranking it first on the USE in terms of year-to-date performance.
Umeme is the third most traded stock on the Uganda Securities Exchange over the past three months (Dec 19, 2022 - Mar 24, 2023). UMEM has traded a total volume of 14.5 million shares valued at UGX 4.23 billion over the period, with an average of 230,459 traded shares per session. A volume high of 4.12 million was achieved on January 18th for the same period. The table below details the last 10 trading days of activity of Umeme on the Uganda Securities Exchange.
| Date | Volume | Close | Change | Change% |
|---|---|---|---|---|
| 2023-03-24 | 47,600 | 300.00 | ||
| 2023-03-23 | 47,034 | 300.00 | ||
| 2023-03-22 | 392,200 | 300.00 | ||
| 2023-03-21 | 400 | 300.00 | ||
| 2023-03-20 | 103,215 | 300.00 | ||
| 2023-03-16 | 13,325 | 300.00 | ||
| 2023-03-14 | 42,028 | 300.00 | ||
| 2023-03-10 | 7,139 | 300.00 | ||
| 2023-03-09 | 1,810 | 300.00 | ||
| 2023-03-07 | 164,200 | 300.00 |
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
