MEPCO shares hit highest level since May 2015

05/01/2022 Argaam Special

Logo of Middle East Paper Co. 


Shares of Middle East Paper Co. (MEPCO) hit their highest level since May 2015 at SAR 48.80, today, Jan. 5.

 

The stock closed 4% higher at SAR 48 – its highest since May 2015 - with over 1.4 million shares exchanged; the largest traded volume since October 2021.

 

MEPCO was established as a limited liability company in 2000 and was listed on the Saudi Stock Exchange (Tadawul) in May 2015. The firm has not amended its capital, which stands at SAR 500 million since listing.

 

The company specializes in the production of packaging and industrial paper.

 

MEPCO Stock Performance

Annual High (SAR)

48.80

Jan. 5, 2022

Annual Low (SAR)

17.30

Feb. 4, 2021

Historical High (SAR)

51.25

May 10, 2015

Historical Low (SAR)

10.50

March 19, 2020

Highest Traded Volume (mln

shares)

25.3

May 7, 2015

 

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

 

Key Financial Indicators

EPS (last 12 months) (SAR)

2.51

P/E (Last12) (x)

19.12

Book Value (SAR)

17.76

P/B ratio (x)

2.70

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