Bupa Arabia notches highest close since debut

30/10/2023 Argaam Exclusive

Bupa Arabia for Cooperative Insurance Co. hit today, Oct. 30, an all-time high of SAR 237.

Year High (SAR) Year Low (SAR)
237.00 129.31
Highest Since Debut (SAR) Lowest Since Debut (SAR)
237.00 2.38

The stock rose 6% to close at its highest level of SAR 229.40, after around 287,940 shares changed hands.

 

Year-to-date, the stock has gained about 60%, as it jumped 33% during the last three months.

Market Data :

Open 152.00
Low 151.80
High 155.80
Previous Close 152.00
Change (3M) (7.37 %)
Change (6M) (10.99 %)
Market Value 23,205.00
Avg. Volume (3M) 119,072.33
Avg. Turnover (3M) 18,856,593.85
Avg. Transaction (3M) 2,127.52
Change(12M) (29.49 %)
YTD (25.27 %)

The insurer increased its capital three times through issuing bonus shares, as indicated in the table below:

Adjustments to the capital (M Riyal) :

Date Type Capital (M Riyal) Change (%)
2022 Split   1,500.00 25.00%
2018 Split   1,200.00 50.00%
2015 Split   800.00 100.00%
2008 IPO   400.00 66.67%

Overview :

Bupa Arabia For Cooperative Insurance Co. was established as a Saudi joint-stock company pursuant to Royal Decree No. M/74 dated 29/8/1428H (corresponding to 11/9/2007G), registered under Commercial Registration No. 4030178881, dated 5/5/1429H (corresponding to 11/5/2007H). The company is specialized in providing a wide range of cooperative health insurance products.


Financial Ratios :

Financial Ratio Current
Market Cap (M Riyal) 23,205.03
EPS ( Riyal) (TTM) 7.12
Book Value (BV) ( Riyal) (Latest announcement) 34.98
Recurring P/E 21.72
Price/Book 4.42
Dividend Yield (%) (Last Year) 2.59
Return on Average Assets (%) (TTM) 6.63
Return on Average Equity (%) (TTM) 21.33
Shares Outstanding (M) 150.00
Par Value ( Riyal) 10.00
Return on Market Cap (%) 4.00


Analyst Estimates :

0

Fair Average Price

1

Number of Recommendations

Rating Research firm Current Price Target Price Change
Under Review U-Capital 176.20 -

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.