Saudi Ground Services stock dips to lowest level since May 2020

10/11/2022 Argaam Special
Logo ofSaudi Ground Services Co. (SGS)

Logo of Saudi Ground Services Co. (SGS)


Shares of Saudi Ground Services Co. (SGS) reached the lowest level since May 2020, at SAR 22.94 today, Nov. 10.

 

Established in 2008, the company acquired, in 2010, the business and assets related to ground services of Saudi Airlines, Attar Ground Services and Attar Tourism and all stakes in National Handling Services Co. Ltd., with the aim of merging their businesses into a single entity.

 

SGS listed on the Saudi Stock Exchange (Tadawul) in 2015, and Saudi Arabian Airlines General Corporation is its largest shareholder at 52.5%.

 

The company's core activities are represented in providing ground services to its domestic and international airline customers (regular and charter flights, private aviation and royal flights) at all airports of the Kingdom.

 

Stock Performance

Annual High (SAR)

36.00

April 3, 2022

Annual Low (SAR)

22.94

Today, Nov. 10, 2022

Historical High (SAR)

80.25

July 1, 2015

Historical Low (SAR)

20.28

March 23, 2020

Highest Trading Volume (mln shares)

39.2

July 1, 2015

 

Key Performance Indicators

Book Value (SAR)

11.32

P/B (x)

2.03

 

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