Tanmiah hits highest close since listing

06/11/2022 Argaam Special
Logo ofTanmiah Food Co.

Logo of Tanmiah Food Co. 


Shares of Tanmiah Food Co. hit their highest close since listing, at SAR 121.80 each, today, Nov 6.

 

The stock closed at more than 5% higher, with nearly 400,000 shares traded.

 

Tanmiah was established in Riyadh in 1991, and was listed on the Saudi Exchange in August 2022 with a capital of SAR 200 million.

 

The company operates in three core segments: poultry production, additional food processing, and feed and veterinary services. It produces, processes and sells fresh poultry products and other meat products, in addition to producing and selling animals feed, broiler chicks, hatching eggs and animal health products.

 

Tanmiah also implements comprehensive poultry and greenhouse projects, in addition to selling poultry and greenhouse equipment.

 

Tanmiah Stock Performance

Annual High (SAR)

120.80

Today, Nov. 6, 2022

Annual Low (SAR)

60.50

June 20, 2021

Historical High (SAR)

121.80

Today,  Nov. 6, 2022

Historical Low (SAR)

60.50

June 20, 2021

Highest Traded Volume (mln shares)

5.98

Aug. 5, 2021 (second listing day)

 

The following table shows Tanmiah’s most important financial indicators:

 

Key Financial Indicators

Earning Per Share (last 12 months) (SAR)

 

1.15

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

 

Above 50

Book Value (SAR)

 

18.89

P/B Ratio (x)

 

6.39

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