MESC closes at 2-year peak

13/12/2023 Argaam Exclusive

Middle East Specialized Cables Co.’s (MESC) stock rose 3% today, Dec. 13, to SAR 20.98, notching the highest close since February 2022, as about 1.5 million shares changed hands. 

 

The stock posted an intraday high of SAR 21.18.

Highest per Year (Riyal) Lowest per Year (Riyal)
21.18 8.99
Highest since listing (Riyal) Lowest since listing (Riyal)
146.09 6.84

Accordingly, year-to-date gains reached more than 100%.  

Market Data :

Open 33.55
Low 33.40
High 34.40
Previous Close 33.55
Change (3M) 7.72 %
Change (6M) 48.05 %
Market Value 1,368.00
Avg. Volume (3M) 711,870.43
Avg. Turnover (3M) 23,731,356.23
Avg. Transaction (3M) 2,004.13
Change(12M) 101.89 %
YTD 53.09 %

The company made several changes to its capital since listing on the Saudi Exchange (Tadawul), as indicated below:

Adjustments to the capital (M Riyal) :

Date Type Capital (M Riyal) Change (%)
2018 Reduction   400.00 (33.33%)
2013 Right Issue   600.00 50.00%
2008 Split   400.00 25.00%
2007 IPO   320.00 0.00%

Financial Performance :



Financial Ratios :

Financial Ratio Current
Market Cap (M Riyal) 1,368.00
Shares Outstanding ((M)) 40.00
EPS ( Riyal) (TTM) 1.80
Book Value (BV) ( Riyal) (Latest announcement) 10.63
Adjusted P/E (Last12) 19.05
Price/book 3.22
Dividend Yield (%) (Last Year) 0.00
Return on Average Assets (%) (TTM) 8.89
Return on Average Equity (%) (TTM) 18.45
Par Value ( Riyal) 10.00
Enterprise Value (EV) (M) 1,380.94


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