Shares of Mouwasat hit lifetime high

10/08/2021 Argaam Special

Mouwasat Medical Services hospital


Shares of Mouwasat Medical Services Co. hit their highest levels since listing at SAR 209.40, today, Aug. 10.

 

The stock gained 3% to close at SAR 205, recording the highest closing since listing. Nearly 156,000 shares exchanged hands. 

 

Accordingly, the stock gained 1,470%, since its listing on Sept. 2, 2009, when it closed at SAR 13.06.

 

Established in 1974, the company started as sole proprietorship with SAR 100 million capital, to manage and operate medical facilities through setting up Mouwasat Clinic in Dammam in 1975. 

 

The first comprehensive medical facility was established under the name Mouwasat Hospital in Dammam in 1984, with operations starting in 1988.

 

On Sept. 2, 2009, Mouwasat shares were listed on the Saudi market at a price of SAR 44 (before adjustment) or SAR 11 (after adjustment).

 

Mouwasat Stock Performance

Annual High (SAR)

209.40

Today, Aug. 10, 2021

Annual Low (SAR)

107.60

Aug. 12, 2020

Historical High (SAR)

209.40

Today, Aug. 10, 2021

 Historical Low (SAR)

12.90

Sept. 2, 2009 (Listing date)

Highest Traded Volume (mln shares)

35.78

Sept. 2, 2009 (Listing date)

 

 The following table shows the most important financial indicators of the company:

 

Key Financial Indicators

EPS (last 12 months) (SAR)

5.67

Operating P/E (last 12 months) (x)

36.16

Book Value (SAR)

24.26

P/B Ratio (x)

8.45

 

The company increased its capital twice through bonus shares in 2012 and 2018 to reach a current capital of SAR 1 billion.

 

Capital Amendments

Date

Method

Previous Capital (SAR mln)

New Capital (SAR mln)

Variation (%)

2018

Bonus shares

500

1000

+100%

2012

Bonus shares

250

500

+100%

Comments {{getCommentCount()}}

Be the first to comment

loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.