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East African Portland Cement Co. Limited (NSE: PORT)

Nigel Firth
Nigel Frith trader
Updated 28 May 2024

Overview of East African Portland Cement Co. Limited

East African Portland Cement Co. Limited is a Kenya-based company listed on the Nairobi Securities Exchange (NSE) and engaged in the manufacturing and selling of cement. East African Portland Cement Co. Limited sells its products under the brand name Blue Triangle and it is used for cementing, mortar and concrete building applications.

The Company also manufactures custom-made cement products for use in construction, as well as pre-cast concrete items, such as paving blocks, tiles, building blocks, and pre-stressed concrete components.

Today, East African Portland Cement Co. Limited’s portfolio of products and services are diversified in more sectors of the Industrials value chain and include the following: Portland cement and Portland pozzolanic cement for cementing, mortar and concreate building applications, and custom-made cement products for the construction trade.

The history of East African Portland Cement Co. Limited goes back to 1933 when it was founded, and it listed on 1 January 1972.

East African Portland Cement Co. Limited has its head offices at Namanga Road off Mombasa Road, Nairobi.

The current CEO of East African Portland Cement Co. Limited is Simon Peter, with Ole Nkeri as managing director.

East African Portland Cement Co. Limited’s equity stocks are for sale online on the Nairobi Securities Exchange (NSE) under the stock symbol PORT.

East African Portland Cement Co. Limited forms part of the Construction – Raw Materials Industry and the Industrials Sector of the Nairobi Securities Exchange (NSE).

OPEN DEMO TRADING ACCOUNT YOUR CAPITAL IS AT RISK. 76% OF RETAIL CFD ACCOUNTS LOSE MONEY
East African Portland Cement Co. Limited Logo

East African Portland Cement Co. Limited Stock Performance

The current price for East African Portland Cement Co. Limited stocks on the Nairobi Securities Exchange (NSE) is 7.62 Kenyan Shilling (KES).

PORT stocks closed a recent trading day (22 October 2021) at 7.62 KES per share on the Nairobi Securities Exchange (NSE), experiencing a 2.6% drop from its previous closing price of 7.82 KES.

An analysis of financial data of East African Portland Cement Co. Limited showed that the company has a total market capitalisation of 686 Million KES, with a Price/Earning ratio of -0.25 and earnings per share of -30.77 KES.  A total of 90 Million shares were outstanding.

With an increase of earnings per share and reliable profits over a period, investors who want to buy or sell East African Portland Cement Co. Limited stocks can look forward to more profitable dividends and earnings in times to come.

According to an analysis on the live chart of East African Portland Cement Co. Limited, analysts forecast further improved performance for the Industrials sector with market share growing as trading volumes increase.

AskTraders-Kenyan-Stocks-E.A.Portland-Cement-Co.-Ltd--Ord-5

Highlights of East African Portland Cement Co. Limited in 2021

East African Portland Cement Co. Limited started the current financial year (2021) with a share price of 11.00 Kenyan Shilling (KES) on the Nairobi Securities Exchange (NSE), and it has lost 30.7 % in value on its price valuation, ranking 59th on the NSE where its year-to-date performance is concerned.

East African Portland Cement Co. Limited is currently the 48th most-traded stock on the NSE and it has experienced a total trading volume of more than 79,100 shares, which were finalised in 103 deals and were valued at a total of 671,358 Kenyan Shilling (KES) over the recent three month period from July to October 2021, with an average of 1,256 shares in each trading session.

During the same period a volume high of 12,700 was achieved on 6 September.

How to buy East African Portland Cement Co. Limited stocks – Step by Step

The stock market is one of the most attractive financial markets that sees millions of retail investors and traders participating daily. To buy, sell or trade East African Portland Cement Co. Limited stocks on the Nairobi Securities Exchange (NSE), traders and investors can follow a few simple steps:

  1. Find the share that you want to buy, in this case, “PORT”.
  2. Select a forex broker that offers access to the Nairobi Securities Exchange (NSE).
  3. Review the broker's trading conditions, fees, deposit and withdrawal methods, trading platform, customer support, regulation, and other components to ensure that they are aligned with your trading plan.
  4. Open a live trading account with the broker by completing the online application form and providing the necessary documentation to verify the trading account.
  5. Once your account has been activated, you are ready to make your first share purchase through the broker.
  6. From here you can start to build and diversify your portfolio by buying more shares.

FAQs

The Nairobi Securities Exchange (NSE)was established in 1954 as the leading stock exchange in East Africa and offers world class trading facilities for local and foreign investors looking to gain exposure to the country’s rising economy.

The bourse is based in the capital of Kenya, one of the fastest-growing economies in Sub-Saharan Africa. The NSE operates under the jurisdiction of the Capital Markets Authority of Kenya and is overseen by a board of directors. In 2014, the NSE demutualised and became listed on the main board of its own exchange.

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Nigel Firth
Nigel Frith trader
Nigel has been in the regulated financial services industry for nearly a decade, has previously owned a financial brokerage and has written many times for sites relating to personal finance and trading.