Gulf General closes at all-time low
Shares of Tadawul-listed Gulf General Cooperative Insurance Co. fell 6% today, May 13, finishing at an all-time low of SAR 7.11 apiece.
The stock hit an intraday low of SAR 7.07.
| Year High (SAR) | Year Low (SAR) |
| 15.32 | 7.07 |
| Highest Since Debut (SAR) | Lowest Since Debut (SAR) |
| 78.08 | 7.07 |
Market Data :
| Open | 4.19 |
| Low | 4.18 |
| High | 4.24 |
| Previous Close | 4.19 |
| Change (3M) | (13.37 %) |
| Change (6M) | (26.78 %) |
| Market Value | 126.30 |
| Avg. Volume (3M) | 307,586.00 |
| Avg. Turnover (3M) | 1,519,414.06 |
| Avg. Transaction (3M) | 569.61 |
| Change(12M) | (57.73 %) |
| YTD | (59.44 %) |
The company had carried out a number of adjustments to its capital since listing in 2010.
Adjustments to the capital (M Riyal) :
| Date | Type | Capital (M Riyal) | Change (%) |
| 2025 | Private Offering | - | - |
| 2025 | Reduction Cancelled | 137.88 | (54.04%) |
| 2024 | Right Issue Cancelled | 600.00 | 100.00% |
| 2024 | Reduction | 300.00 | (40.00%) |
| 2021 | Right Issue | 500.00 | 150.00% |
| 2009 | IPO | 200.00 | 0.00% |
Overview :
The company was established as a public joint-stock company in 2009, following the merger of Saudi General Insurance Company and Gulf Cooperative Insurance Company. Its operational scope includes the provision of insurance activities and related businesses, such as reinsurance, general cooperative insurance and medical cooperative insurance in the Kingdom of Saudi Arabia.
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Financial Ratios :
| Financial Ratio | Current |
| Market Cap (M Riyal) | 126.30 |
| EPS ( ) (TTM) | (5.46 ) |
| Book Value (BV) ( Riyal) (Latest announcement) | 6.39 |
| Recurring P/E | Neg |
| Price/Book | 0.66 |
| Dividend Yield (%) (Last Year) | 0.00 |
| Return on Average Assets (%) (TTM) | (38.03 ) |
| Return on Average Equity (%) (TTM) | (68.64 ) |
| Shares Outstanding (M) | 30.00 |
| Par Value ( Riyal) | 10.00 |
| Return on Market Cap (%) | (106.35 ) |
Calendar :
-
15 May
General Assembly
- -
26 June
General Assembly
- -
28 July
General Assembly
-
Call Request
Comments Analysis: