Kenya Orchards Plc (NSE: ORCH)

Updated: 5 May 2022

What is Kenya Orchards Plc

Kenya Orchards Plc is a company engaged in the farming sector and is based in Kenya. Primarily, the company distributes processed vegetables, fruits as well as other food products.

Kenya Orchards Plc produces and sells vegetables and fruit that has been bottled and canned as products for domestic consumption in Kenya. In addition to this, the company also produces a range of spices and seasoning.

The history of Kenya Orchards Plc dates back to 1900 when it was originally founded as Kenya Orchards Limited. It was listed on the NSE in 1959 and is currently known as Kenya Orchards Plc.

Today, Kenya Orchards Plc has a diversified portfolio in more sectors of the value chain and renders the following products. In its bottled range this include fruit jams, tomato paste, tomato sauce, maple syrup, mayonnaise, custard powder, white vinegar used as a meat tenderizer and corn starch. Products in its canned range include baked beans, matoke and mushrooms.

Kenya Orchards Plc’s equity stocks are for sale online on the Nairobi Securities Exchange (NSE) under the stock symbol ORCH.

Kenya Orchards Plc head office and main operation is in Nairobi, Kenya.

Kenya Orchards Plc forms part of the Food Processing Industry and the Consumer Goods Sector.

Kenya Orchards Plc Stock Performance

The current price for Kenya Orchards Plc stocks is 10.40 Kenyan Shilling (KES). The company has a total market capitalisation of 123 million KES with a P/E ratio of 23.64 and earnings per share of 0.44 KES. A total of 12.9 million shares are outstanding.

With a decrease of earnings per share and limited profits over a period, investors who want to buy or sell Kenya Orchards Plc stocks cannot be assured of lucrative dividends and earnings in times to come.

According to an analysis on the live chart of Kenya Orchards Plc, analysts forecast should not further improved performance in the near future. This can only happen if the market share grows as trading volumes increase.

Kenya Orchards

Highlights of Kenya Orchards Plc in 2021

Kenya Orchards Plc started the year with a share price of 10.50 KES, but has since lost 0.95% in value on its price valuation, ranking 31st on the NSE where year-to-date performance is concerned.

Kenya Orchards Plc is currently the 57th most-traded stock on the NSE and it has experienced a total trading volume of more than 100 shares, which were finalized in one deal and were valued at a total of 1,040 KES over three months, with an average of two shares in each trading session.

The highest volume shares traded on one single day was 100.

Kenya Orchards - How To Trade

How to buy Kenya Orchards Plc stocks – Step by Step

The stock market is one of the most attractive financial markets that sees millions of retail investors and traders' participation daily. To buy, sell or trade Kenya Orchards Plc stocks, traders and investors can follow a few simple steps:

  1. Find the share that you want to buy, in this case, “ORCH”.
  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. You are now ready to make your first share purchase through the broker.
  6. You can further start to build and diversify your portfolio by buying more shares.

FAQs

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

The exchange is based in Nairobi, the capital of Kenya, which has one of the fastest-growing economies in Sub-Saharan Africa. The NSE operates under the jurisdiction of the Capital Markets Authority of Kenya. It is governed by a board of 11 directors.

In 2008, the NSE launched the NSE All-Share Index (NASI). The NASI is a market capitalization-weighted index comprising all listed securities, effectively, the benchmark index for the Kenyan stock market.

In 2011, in conjunction with FTSE International, the NSE introduced the FTSE NSE Kenya 15 and FTSE NSE Kenya 25 indices which are designed for the creation of index tracking funds and derivative products. The NSE 25 Share Index measures the top 25 companies.

Kenya Orchards Plc trades its equity on the Nairobi Securities Exchange (NSE) under the stock symbol ORCH.

Kenya Orchards Plc is a company engaged in the farming sector and is based in Kenya. Primarily, the company distributes processed vegetables, fruits as well as other food products.

Kenya Orchards Plc produces and sells vegetables and fruit that has been bottled and canned as products for domestic consumption in Kenya. In addition to this, the company also produces a range of spices and seasoning.

Kenya Orchards Plc forms part of the Food Processing Industry and the Consumer Goods Sector.

At the time of writing, the current price of Kenya Orchards Plc shares was 10.40 KES.

No, Kenya Orchards Plc’s forecast does not indicate further growth and improvement in the second half of 2021. Its financials indicate a steady decline since 2019. Investors should not expect lucrative dividends and returns even with increased financial performance.

Kenya Orchards Plc experienced a 52-week high stock price of KES 10.40 and a 52-week low price of KES 1.13, implicating a 52 week change of -50.79%. Year to date it indicates a -50.79% change.

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