MEPCO shares close at hit 6-year high

31/08/2021 Argaam Special

Logo of MEPCO


Shares of Middle East Paper Co. (MEPCO) hit their highest price level in six years, since 2015, to reach SAR 41.15 today, Aug. 31.

 

The stock rose more than 1% to close at SAR 40 at the end of today's session, recording its highest close in six years. About 2.8 million shares exchanged hands.

 

Accordingly, the stock soared about 107% since the beginning of the year.

 

Established in 2000, MEPCO was listed on the Saudi Stock Exchange (Tadawul) in May 2015. The company did not conduct any changes to its capital that currently stands at SAR 500 million (50 million shares).

 

The company's main activity includes manufacturing packaging and industrial paper.

 

MEPCO Share Performance

Annual High (SAR)

41.15

Today, Aug. 31, 2021

Annual Low (SAR)

15.56

October 29, 2020

Historical High (SAR)

51.25

May 10, 2015

Historical Low (SAR)

10.50

March 19, 2020

Highest Trading Volume (mln shares)

25.3

May 7, 2015

 

Key Financial Indicators

EPS (last 12 months) (SAR) 

1.22

P/E (last 12 months) (x) 

32.79

Book Value (SAR) 

16.25

P/B ratio (x) 

2.46

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