UCA shares fall 59% in 6 months

25/07/2022 Argaam Special

Logo of United Cooperative Assurance Co. (UCA)


Shares of United Cooperative Assurance Co. (UCA) plunged nearly 59% in six months.

 

The stock fell its daily limit at SAR 14.40, after nearly two million shares were traded, to reach its lowest level in more than a year and a half. 

 

The stock reached its highest level since 2012 at SAR 36.38 apiece.

 

The insurer was established and listed on the Saudi Exchange (Tadawul) in 2008, with its current capital reaching SAR 400 million.

 

UCA Stock Performance

Annual High (SAR)

35.85

Nov. 11, 2021

Annual Low (SAR)

14.40

July 25, 2022

Historical High (SAR)

36.38

March 12, 2012

Historical Low (SAR)

6.90

March 12, 2020

Highest Trading (mln

shares)

20.13

June 21, 2008 (listing date)

 

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

 

Key Financial Indicators

Book Value (SAR)

5.67

P/B Ratio (x)

2.54

 

The company increased its capital three times to reach SAR 400 million, as follows:

 

Capital Amendements (SAR mln)

Date

Old Capital

New Capital

Change

2018

490

400

(18.4%)

2015

280

490

75.0%

2013

200

280

40.0%

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