Shares of Middle East Healthcare Co. (Saudi German Health) rose 10% to SAR 58.50; the highest close in five years on the Saudi Exchange (Tadawul) today, May 21, with a trading volume of nearly 4.3 million shares.
The stock rose 9%, with a trading volume of nearly 2.3 million shares, so far.
Saudi German Health was incepted in 2004 and listed on Tadawul in 2016.
The company’s core business portfolio comprises building, managing, operating and maintaining hospitals, medical centers, physical therapy centers, laboratories, and x-ray centers, in addition to purchasing land plots for healthcare projects.
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Stock Performance |
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Annual High (SAR) |
58.50 |
Today, May 21, 2023 |
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Annual Low (SAR) |
25.0 |
Dec. 26, 2022 |
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Historical High (SAR) |
84.0 |
April 10, 2017 |
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Historical Low (SAR) |
23.88 |
Nov. 5, 2019 |
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Highest Trading Volume (mln shares) |
22.71 |
March 30, 2016 |
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Key Financial Indicators |
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Earnings Per Share (last 12 months) (SAR) |
1.14 |
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Operating P/E (last 12 months) (x) |
Over 50 |
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Book Value (SAR) |
15.37 |
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P/B Ratio (x) |
3.81 |
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Nominal Value |
10.0 |
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