Shares of Saudi Kayan hit 14-year high

06/03/2022 Argaam Special

Saudi Kayan headquarters


Shares of Saudi Kayan Petrochemical Co. (Saudi Kayan) hit their highest level in 14 years, or since 2008, at SAR 23.06, today, March 6.

 

The stock ended the session more than 3% higher at SAR 22.86 – the highest close since 2008- with a trading volume 15.7 million shares.

 

The company was established in June 2007, and it was listed on the Saudi Stock Exchange (Tadawul) in the same year. The company has not made any changes to the capital.

 

The company’s objectives mainly include construction, management and operation of an industrial complex in Jubail Industrial city to produce petrochemicals.

 

Saudi Kayan Share Performance

Annual high (SAR)

23.06

March 6, 2022

Annual low (SAR)

14.88

March 28, 2021

Historical high (SAR)

35.50

 Jan. 15, 2008

Historical low (SAR)

4.40

Jan. 21, 2016

Highest trading volume (mln shares)

222.36

June 23, 2007 (Listing date)

 

The following table shows the company’s key financial indicators:

 

Key Financial Indicators

Earnings per share (last 12 months) (SAR)

1.60

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

14.29

Book value (SAR)

10.98

P/B ratio (x)

2.08

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