Theeb Rent a Car closes at all-time high

21/02/2023 Argaam Special

Theeb Rent a Car closes at all-time high

Logo of Theeb Rent a Car Co.


Shares of Theeb Rent a Car Co., listed under transportation sector, hit an all-time high today, Feb. 21.

 

The stock closed 1% higher at SAR 76.60, with a trading volume of nearly 300,000 shares.

 

The share rose as high as SAR 78.30 in early trading.

 

Established in September 2010 as a limited liability company in Riyadh, Theeb Rent a Car listed on the Saudi Exchange (Tadawul) on March 29, 2021.

 

Its current capital is SAR 430 million, at SAR 40 a share.

 

The company’s main activities include leasing cars through long- and short-term agreements and providing the related services, in addition to availing customer tailored solutions and sale of used vehicles.

 

Theeb Rent a Car Stock Performance

Annual High (SAR)

78.30

Today, Feb. 21, 2023

Annual Low (SAR)

54.10

June 19, 2022

Historical High (SAR)

78.30

Today, Feb. 21, 2023

Historical Low (SAR)

52.00

March 29, 2021 (First day of listing)

Highest Trading Volume (mln shares)

29.00

March 30, 2021

Listing Price (SAR)

40.00

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The following table shows the key financial indicators:

 

Key Financial Indicators

Earnings Per Share (last 12 months) (SAR)

4.35

P/E (last 12 months) (x)

17.61

Book Value (SAR)

14.91

P/B Ratio (x)

5.13

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