Southern Cement sinks to lowest price in 4 years

15/01/2024 Argaam Exclusive

Content Summary:

Loading data...

Comments Analysis:

Positive: 0%
Neutral: 0%
Negative: 0%
Comments Summary:Loading data...
Please note that this news summary has been generated using artificial intelligence. It is recommended to review the original sources for complete details and to verify the accuracy of the information.
8

Southern Province Cement Co., listed on the main market (TASI), recorded the lowest price since January 2019 at SAR 39.10, today, Jan. 15.

 

The stock closed today’s session 0.4% higher at SAR 40.35 per share.

Year High (SAR) Year Low (SAR)
54.60 39.10
Highest Since Debut (SAR) Lowest Since Debut (SAR)
185.85 12.71

Market Data :

Open 31.75
Low 31.35
High 31.75
Previous Close 31.75
Change (3M) (4.39 %)
Change (6M) (4.39 %)
Market Value 4,424.00
Avg. Volume (3M) 95,301.27
Avg. Turnover (3M) 3,102,974.15
Avg. Transaction (3M) 523.37
Change(12M) (22.64 %)
YTD (8.41 %)

The company adjusted its capital in 2006 by distributing bonus shares, as shown in the table below:

Adjustments to the capital (M Riyal) :

Date Type Capital (M Riyal) Change (%)
2006 Split   1,400.00 33.33%

Financial Performance :

Overview :

A Saudi joint-stock company established in 1978 in Abha with capital of SAR 700 million. The company is one of the major manufacturers of cement in the Kingdom. The company's primary activities encompass the manufacture and production of cement and its derivatives, as well as the trading of these products. Additionally, the company is engaged in all related activities, both directly and indirectly, to support its primary objective. The company operates through two primary segments: the ceme...

Comments 8

1
3
237

Aaa2013

منذ 8 شهر
سهم من ذهب ٥ سنوات لا تقلق منه
2
0
137

cemsm1977

منذ 8 شهر
ما شاء الله
3
0
86

محمد بالحارث

منذ 8 شهر
ماشاءالله تبارك الله
4
1
334

دايم النايف

منذ 8 شهر

للامام سر , يستاهلون ملاك السهم 

5
2
295

ابو زياد 10

منذ 8 شهر
لماذا الحفر العربية لا تتبع اديس في هذه الافصاحات ...لابد من استحواذ اديس للحفر
6
0
35

عارف الدغماني

منذ 8 شهر
تدري اننا متعلقين فيك من سعر ٢٦🫠 وننتظرك طال عمرك
7
3
237

Aaa2013

منذ 8 شهر
السهم والعلم عند الله الى بحر ال ٣٠
8
0
14

alsimo

منذ 8 شهر
ظغط علي السهم
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.


Financial Ratios :

Financial Ratio Current
Market Cap (M Riyal) 4,424.00
Shares Outstanding ((M)) 140.00
EPS ( Riyal) (TTM) 1.74
Book Value (BV) ( Riyal) (Latest announcement) 24.08
Adjusted P/E (Last12) 18.52
Price/book 1.31
Dividend Yield (%) (Last Year) 3.80
Return on Average Assets (%) (TTM) 5.73
Return on Average Equity (%) (TTM) 6.54
Par Value ( Riyal) 10.00
Enterprise Value (EV) (M) 4,886.75

Calendar :

  • 20 May
    Ex-dividend Date
    -
  • 20 May
    General Assembly
    -
  • 29 May
    Cash Dividend Distribution
    -
  • 11 August
    Ex-dividend Date
    -
  • 25 August
    Cash Dividend Distribution
    -


Analyst Estimates :

45.64

Fair Average Price

5

Number of Recommendations

Rating Research firm Current Price Target Price Change
Neutral AlJazira Capital 43.00 42.50 (1.16 %)
Hold United Securities Company 43.20 45.00 4.17 %
Neutral SNB Capital 40.90 40.70 (0.49 %)
Buy Riyad Capital 41.10 53.00 28.95 %
Hold United Securities Company 41.10 47.00 14.36 %
Call Request

Argaam Investment Company has updated the Privacy Policy of its services and digital platforms. Know more about our Privacy Policy here.

Argaam uses cookies to personalize content, to provide social media features and analyze traffic, that we might also share with third parties. You consent to our cookies if you use this website