Aldrees shares hit 15-year high

13/09/2021 Argaam Special

Vehicles of Aldrees Petroleum and Transport Services Co.


Shares of Aldrees Petroleum and Transport Services Co. hit their highest level in 15 years, since April 2006, at SAR 76.20, today, Sept. 13. 

 

The stock rose 5% to SAR 73.50, with almost 1.9 million shares traded.

 

Accordingly, the stock gained more than 40% since the beginning of 2021.

 

Aldrees was established in September 1962 and listed on the Saudi Stock Exchange (Tadawul) in March 2006. It primarily deals in the wholesale and retail business of fuel, gasoline, auto spare parts, batteries, transportation, etc.

 

Stock Performance

Annual high (SAR)

76.20

Today, Sept. 13

Annual low (SAR)

48.80

Oct. 25, 2020

Historical high (SAR)

81.00

April 11, 2006

Historical low (SAR)

5.86

Nov. 23, 2008

Highest traded volume (mln shares)

56.38

March 14, 2007

 

Key Financial Indicators

EPS (last 12 months) (SAR)

2.02

Operating P/E (last 12 months) (x)

36.39

Book value (SAR)

12.10

P/B ratio (x)

6.07

 

The company increased its capital six times through bonus share distribution. The capital currently stands at SAR 750 million.

 

Changes to Capital (SAR mln)

Date

Old Capital

New Capital

Variation

2021

600

750

25%

2019

500

600

20%

2017

400

500

25%

2014

300

400

33%

2012

250

300

20%

2008

200

250

25%

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