Shares of Advanced hit all-time high

06/04/2021 Argaam


Shares of Advanced Petrochemical Co. (Advanced) hit an all-time high of SAR 77 today, April 6, 2021.

 

The stock closed the session more than 4% higher at SAR 75 – the highest level since debut - with a volume of nearly 886,400 shares.

 

The stock rally was driven by the company’s announcement of Q1 2021 earnings, which jumped by 64% year-on-year (YoY) to SAR 171 million in the three-month period.

 

Incepted in 2005, Advanced produces propylene which is used as a feedstock in the polypropylene plants. The stock was listed on the Saudi Stock Exchange (Tadawul) in January 2007.

 

Stock Performance

Annual High (SAR)

77.00

April 6, 2021

Annual Low (SAR)

41.30

May 3, 2020

Historical High (SAR)

77.00

April 6, 2021

Historical low (SAR)

7.91

Nov. 23, 2008

Highest Trading Volumes (mln shares)

150.2

Jan. 20, 2007

 

Key Performance Indicators

EPS (last 12 months) (SAR)

3.06

P/E (last 12 months) (x)

24.51

Book Value (SAR)

15.44

P/B (x)

4.86

 

Advanced increased capital three times through bonus shares to SAR 2.16 billion.

 

Capital Adjustments

Date

Old capital

New Capital

Change%

2019

1967.94

2164.73

10%+

2016

1639.95

1967.94

20%+

2012

1413.75

1639.95

+16%

 

Comments {{getCommentCount()}}

Be the first to comment

{{Comments.indexOf(comment)+1}}
{{comment.FollowersCount}}
{{comment.CommenterComments}}
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.

Most Read