Tanmiah shares surge over 100% in 6 months, hit all-time high

27/12/2022 Argaam Special

Tanmiah shares surge over 100% in 6 months, hit all-time high

Logo of Tanmiah Food Co.


Shares of Tanmiah Food Co. rose 6% to SAR 127.80, hitting an all-time high, today, Dec. 27.

 

Trading volume reached 517,000 shares. The stock reached an intraday high of SAR 129.

 

Thus, the stock has gained nearly 111% since June 2022 when it hit its lowest price since debut.

 

Incepted in 1976, Tanmiah Food was listed on the Saudi Exchange (Tadawul) in August 2021 at SAR 67 a share. It has implemented no change on capital so far.

 

Stock Performance

Annual High (SAR)

129

Today, Dec. 27, 2022

Annual Low (SAR)

60.50

June 20, 2022

Historical High (SAR)

129

Today, Dec. 27, 2022

Historical Low (SAR)

60.50

June 20, 2022

Highest Trading Volume (mln shares)

5.98

August 5, 2021

IPO Price (SAR)

67.00

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The following table shows the key financial indicators:

 

Key Financial Indicators

Earnings Per Share (last 12 months) (SAR)

2.56

P/E (last 12 months) (x)

49.92

Book Value (SAR)

20.48

P/B ratio (x)

6.24

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