Americana shares hit highest close since debut

07/02/2023 Argaam Special

Americana shares hit highest close since debut

Logo of Americana Restaurants International


Shares of Americana Restaurants International gained 4% to close at SAR 3.89 today, Feb.7, reaching life-time high. 

 

Trading volume reached 56.2 million shares. 

 

The stock recorded its highest daily price at SAR 3.91 today.   

 

Thus, the stock has gained 41% since listing.  

 

Americana, incepted in 1964, opted for dual listing on Saudi and UAE markets in December 2022. The company has not made any changes to the capital since its debut. 

 

The company’s business portfolio comprises operating restaurants and other activities of the company’s headquarters.  

 

Adeptio Ad Investments Ltd. is a major shareholder, owning a stake of 66.03% in Americana.  

 

Americana Stock Performance

Annual High (SAR)

3.91

Today, Feb. 7, 2023

Annual Low (SAR)

2.63

Dec. 12, 2022

Historical High (SAR)

3.91

Today, Feb. 7, 2023

Historical Low (SAR)

2.63

Dec. 12, 2022 (First Day of Listing)

Highest Trading Volume (mln shares)

512.89

Dec. 12, 2022

Listing Price

SAR 2.68

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