Naseej surges to highest level since October 2021

18/11/2024 Argaam Exclusive

Shares of Naseej International Trading Co. scaled today, Nov. 18, their highest level of SAR 91.40 since October 2021.
Naseej stock trades nearly 1% higher at SAR 89.70, with 472,700 shares traded so far.
Year High (SAR) Year Low (SAR)
91.40 47.40
Highest Since Debut (SAR) Lowest Since Debut (SAR)
183.97 16.78

The company changed its capital several times since listing in 2010.

Market Data :

Open 89.50
Low 88.10
High 91.40
Previous Close 89.30
Change (3M) 25.92 %
Change (6M) 17.17 %
Market Value 974.46
Avg. Volume (3M) 207,669.05
Avg. Turnover (3M) 16,036,163.06
Avg. Transaction (3M) 1,087.98
Change(12M) 84.33 %
YTD 44.89 %

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) 974.46
Shares Outstanding ((M)) 10.90
EPS ( Riyal) (TTM) (4.21 )
Book Value (BV) ( Riyal) (Latest announcement) 6.05
Adjusted P/E (Last12) Neg
Price/book 14.77
Dividend Yield (%) (Last Year) 0.00
Return on Average Assets (%) (TTM) (12.06 )
Return on Average Equity (%) (TTM) (51.83 )
Par Value ( Riyal) 10.00
Enterprise Value (EV) (M) 1,139.21


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