MEPCO shares close at lifetime high

20/01/2022 Argaam Special
Logo of Middle East Paper Co. (MEPCO)

Logo of Middle East Paper Co. (MEPCO)


Shares of Middle East Paper Co. (MEPCO) hit today, Jan. 20, their highest level since listing, at SAR 51.70.

 

The stock closed with an increase of 4% at SAR 50.9, the highest closing since listing, amid trading of nearly 1.4 million shares.

 

Established in 2000, MEPCO was listed on the Saudi Stock Exchange (Tadawul) in May 2015.

 

The company hasn’t changed its capital of SAR 500 million, divided into 50 million shares.

 

MEPCO’s main activity is producing packing and packaging paper in addition to industrial paper.

 

MEPCO Stock Performance

Annual High (SAR)

51.70

Today, Jan. 20, 2022

Annual Low (SAR)

17.30

Feb. 4, 2021

Historical High (SAR)

51.70

Today, Jan. 20, 2022

Historical Low (SAR)

10.50

March 19, 2020

Highest Trading Volume (mln shares)

25.3

May 7, 2015

 

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

 

Key Financial Indicators

Earnings Per Share (last 12 months) (SAR)

2.71

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

18.78

Book Value (SAR)

17.76

P/B Ratio (x)

2.87

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