Logo of Methanol Chemicals Co. (Chemanol)
Shares of Methanol Chemicals Co. (Chemanol) hit their highest level since listing on the Saudi Exchange (Tadawul), at SAR 49.70, today, April 27.
The stock ended the session 2% higher to SAR 48.75 – highest close since listing on Tadawul, with 1.7 million shares traded.
Chemanol was established in 1989 as Saudi Formaldehyde Chemical Co. to become the first private sector petrochemicals company in the GCC.
The company then was rebranded into Methanol Chemicals following its listing on the Saudi Stock Exchange (Tadawul) in 2008.
Chemanol manufactures high-quality methanol derivatives, such as formaldehyde, hydrated urea, formaldehyde derivatives and premium plastics, in addition to various amino resins, used in various industries such as agriculture, automobiles, pharmaceuticals, and construction.
|
Chemanol Stock Performance |
||
|
Annual High (SAR) |
49.70 |
Today, April 27 |
|
Annual Low (SAR) |
24.56 |
June 8, 2021 |
|
Historical High (SAR) |
49.70 |
Today, April 27 |
|
Historical Low (SAR) |
8.76 |
Sept. 29, 2016 |
|
Highest Trading Volume (mln shares) |
28.14 |
March 2, 2021 |
The following table shows the key financial indicators:
|
Key Financial Indicators |
|
|
Earnings Per Share (last 12 months) (SAR) |
4.70 |
|
P/E (last 12 months) (x) |
9.62 |
|
Book Value (SAR) |
16.62 |
|
P/B ratio (x) |
2.93 |
The company reduced its capital from SAR 1.2 billion to SAR 674.5 million in June 2021 to offset accumulated losses.
Comments {{getCommentCount()}}
Be the first to comment
رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}
{{comment.DisplayName}}
{{comment.ElapsedTime}}