Naseej scales 2-year high

27/11/2023 Argaam Exclusive

Naseej International Trading Co. hit today, Nov. 27, a two-year high of SAR 55.80.  

Highest per Year (Riyal) Lowest per Year (Riyal)
55.80 37.55
Highest since listing (Riyal) Lowest since listing (Riyal)
183.97 16.78

The stock closed at SAR 55 after nearly 640,000 shares changed hands.

 

Month to date, Naseej extended its gains to nearly 40% and more than 30% since early 2023.

Market Data :

Open 82.30
Low 81.60
High 82.60
Previous Close 82.90
Change (3M) (1.20 %)
Change (6M) 26.54 %
Market Value 893.80
Avg. Volume (3M) 190,971.38
Avg. Turnover (3M) 15,212,197.97
Avg. Transaction (3M) 1,137.47
Change(12M) 84.27 %
YTD 32.90 %

The company changed its capital more than once since listing shares on the Saudi Exchange (Tadawul).

Adjustments to the capital (M Riyal) :

Date Type Capital (M Riyal) Change (%)
2024 Private Offering   - -
2023 Right Issue   Cancelled 272.43 150.00%
2022 Reduction   108.97 (48.51%)
2021 Right Issue   211.63 243.39%
2020 Reduction   61.63 (65.41%)
2020 Right Issue   178.16 172.00%
2019 Reduction   65.50 (70.89%)
2018 Right Issue   Cancelled 450.00 100.00%
2017 Reduction   225.00 (40.00%)
2013 Split   375.00 25.00%

Financial Performance :

Overview :

The company was established in 1953 as a general partnership company in Makkah under the name “Abdullah and Nasser Al Sorayai Company”. The company’s core activities include manufacturing, wholesale and retail of carpets, rugs, industrial yarns and blankets.


Financial Ratios :

Financial Ratio Current
Market Cap (M Riyal) 893.80
Shares Outstanding ((M)) 10.90
EPS ( Riyal) (TTM) (1.83 )
Book Value (BV) ( Riyal) (Latest announcement) 8.28
Adjusted P/E (Last12) More than 100
Price/book 9.90
Dividend Yield (%) (Last Year) 2.10
Return on Average Assets (%) (TTM) (5.01 )
Return on Average Equity (%) (TTM) (19.93 )
Par Value ( Riyal) 10.00
Enterprise Value (EV) (M) 1,063.88


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.