solutions hits highest level since debut

Logo of Arabian Internet and Communications Services Co. (solutions)

Arabian Internet and Communications Services Co.’s (solutions) shares finished 6% higher at SAR 315 apiece today, June 5, hitting the highest close since debut

 

About 318,000 shares changed hands during today’s session.

 

Compared to the SAR 151/share listing price, the stock’s gains exceeded 100%.

 

Established in 2003, solutions became listed on the Saudi Exchange (Tadawul) in September 2021. With a capital of SAR 1.2 billion, the company is 79% owned by Saudi telecom major stc.

 

It provides integrated services and solutions in the fields of information technology (IT) and digital transformation in the Saudi market.

 

Stock Performance

Annual high (SAR)

319.80

Today, June 5, 2023

Annual low (SAR)

190.20

June 23, 2022

Historical high (SAR)

319.80

Today, June 5, 2023

Historical low (SAR)

166.00

Sept. 30, 2021 (Debut date)

Highest trading volume (mln shares)

9.8

Oct. 3, 2021 (Day two of listing)

Listing price (SAR)

151.00

--
 

The following table details solutions’ key financial indicators:

 

Key Financial Indicators

EPS (TTM) (SAR)

8.95

P/E (TTM) (x)

34.23

Book value (SAR)

25.13

P/B ratio (x)

12.49

Nominal value (SAR)

10.00

Comments {{getCommentCount()}}

Be the first to comment

{{Comments.indexOf(comment)+1}}
{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
loader Train
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.

Market Indices

TASI
11,035.95
(4.22) (0.04 %)

Quotes

SOLUTIONS
328.60
7.80 2.43%


Popular Links

Quick Links

Join Us

Argaam.com Copyright © 2023, Argaam Investment, All Rights Reserved
Call Request