Shares of Saudi German Health close at 5-year high

A Saudi German Health Clinic

Shares of Middle East Healthcare Co. (Saudi German Health) rose 10% to SAR 58.50; the highest close in five years on the Saudi Exchange (Tadawul) today, May 21, with a trading volume of nearly 4.3 million shares.

 

The stock rose 9%, with a trading volume of nearly 2.3 million shares, so far.  

 

Saudi German Health was incepted in 2004 and listed on Tadawul in 2016.  

 

The company’s core business portfolio comprises building, managing, operating and maintaining hospitals, medical centers, physical therapy centers, laboratories, and x-ray centers, in addition to purchasing land plots for healthcare projects.

 

Stock Performance

Annual High (SAR)

58.50

Today, May 21, 2023

Annual Low (SAR)

25.0

Dec. 26, 2022

Historical High (SAR)

84.0

April 10, 2017

Historical Low (SAR)

23.88

Nov. 5, 2019

Highest Trading Volume (mln shares)

22.71

March 30, 2016

 

Key Financial Indicators

Earnings Per Share (last 12 months) (SAR)

1.14

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

Over 50

Book Value (SAR)

15.37

P/B Ratio (x)

3.81

Nominal Value

10.0

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