Al Yamamah Steel shares hit all-time high; gain 320% since March 2020

12/08/2021 Argaam Special

Logo of Al Yamamah Steel Industries


Shares of Al Yamamah Steel Industries Co. hit an all-time high of SAR 56.40 today, Aug. 12, 2021.

 

The stock closed today’s session 2% higher at SAR 54.30, with a volume of nearly 8.8 million shares.

 

Accordingly, the stock gained approximately 320%, compared to a lifetime low of SAR 12.96 in March 2020.

 

 

Al Yamamah Steel Industries Co. was established as a limited liability company (LLC) in 1989 in Riyadh. It was converted into a closed joint-stock company in June 2006.

 

The company produces and sells metal products to serve construction, electrical, and telecommunication sectors.

 

It supplies steel hollow sections, iron pipes, bars and clips for tying, roadblocks, handy carts, structured tires, shaped iron steel bars, lighting and transmission poles, high masts, overhead transmission lines and telecom towers.

 

The company, with SAR 508 million capital, listed on the Saudi Stock Exchange (Tadawul) on May 22, 2016.

 

Stock Performance

Annual High (SAR)

56.40

Aug. 12, 2021

Annual Low (SAR)

18.88

Aug. 12, 2020

Historical High (SAR)

56.40

Aug. 12, 2021

Historical low (SAR)

12.96

March 17, 2020

Highest Trading Volumes (mln shares)

25.90

May 23, 2016

 

Key Performance Indicators

EPS (last 12 months) (SAR)

3.80

Operating P/E (last 12 months) (x)

14.29

Book Value (SAR)

14.20

P/B (x)

3.82

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