MRNA shares slide to historic bottom
Shares of TASI-listed Morabaha Marina Financing Co. (MRNA) recorded its lowest price since listing today, Feb. 15, at SAR 9.
The stock declined by less than 1%, with trading volumes reaching around 70,000 shares so far.
| Year High (SAR) | Year Low (SAR) |
| 12.73 | 9.00 |
| Highest Since Debut (SAR) | Lowest Since Debut (SAR) |
| 17.60 | 9.00 |
Accordingly, the stock’s losses over the past year have widened to around 20%. Compared with its listing price of SAR 14.60, the share is down approximately 38%.
Market Data :
| Open | 9.15 |
| Low | 9.00 |
| High | 9.25 |
| Previous Close | 9.17 |
| Change (3M) | (16.03 %) |
| Change (6M) | (16.71 %) |
| Market Value | 655.00 |
| Avg. Volume (3M) | 53,234.17 |
| Avg. Turnover (3M) | 531,876.83 |
| Avg. Transaction (3M) | 253.42 |
| Change(12M) | (20.54 %) |
| YTD | (5.07 %) |
Adjustments to the capital (M Riyal) :
| Date | Type | Capital (M Riyal) | Change (%) |
| 2023 | IPO | 714.29 | 42.86% |
Overview :
The firm was established in 2012 as a limited liability company with capital of SAR 15 million under the name Morabaha Marina Installments Co. Two years later, it transformed into a closed joint-stock company and adopted its current name, Morabaha Marina Financing Co. (MRNA). Subsequently, in 2023, it became a Saudi public joint-stock company listed on the Main Market (TASI).
The company provides financial leasing, SME financing, consumer financing, and productive asset financing through Shar...
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Financial Ratios :
| Financial Ratio | Current |
| Market Cap (M Riyal) | 683.58 |
| Shares Outstanding ((M)) | 71.43 |
| EPS ( ) (TTM) | 0.16 |
| Book Value (BV) ( Riyal) (Latest announcement) | 11.82 |
| Recurring P/E | 56.18 |
| Price/book | 0.81 |
| Dividend Yield (%) (Last Year) | 3.82 |
| Return on Average Assets (%) (TTM) | 0.78 |
| Return on Average Equity (%) (TTM) | 1.39 |
| Par Value ( Riyal) | 10.00 |
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