Shares of JAZADCO hit highest since 2014, trading volume at 15-year high

16/02/2021 Argaam Special


Shares of Jazan Energy and Development Co. (JAZADCO) closed limit-up, today, Feb. 16, to reach SAR 22.80, its highest since September 2014.

 

Accordingly, the stock gained 159% since March 2020.

 

Trading volume reached around 19.8 million shares, the highest since August 2006, valued at SAR 436.2 million.

 

Established in 1993, the company owns and reclaims agricultural lands, in addition to digging wells to use them in the development of agricultural projects as well as other activities.

 

The Tadawul-listed firm increased its capital from SAR 250 million to SAR 500 million in 2005, through a bonus share distribution.

 

JAZADCO Stock Performance

Annual High (SAR)

22.80

Feb. 16, 2021

Annual Low (SAR)

8.80

March 23, 2020

Historical High (SAR)

146.25

Feb. 21, 2006

Historical Low (SAR)

2.75

March 9, 2003

Highest Traded Volume (mln shares)

48.29

Dec. 31, 2003

 

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

 

Key Financial Indicators

EPS (last 12 months) (SAR)

0.19

P/E (last 12 months) (x)

High

Book Value (SAR)

10.61

P/B ratio (x)

2.15

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