Shares of MIS hit record close

Logo of Al Moammar Information Systems Co.

Shares of Al Moammar Information Systems Co. (MIS) hit their highest close since listing today, June 8, rising by 3% to SAR 150.60 apiece.

During the session, about 430,000 shares changed hands. The stock posted an intraday high of SAR 155.80/share.

MIS was set up in 1975 and was listed on the Saudi Exchange (Tadawul) on April 24, 2019.

The company is an integrated solutions and services provider in the field of information and communication technology (ICT). It provides an integrated range of ICT solutions and services including consulting, development, technical consulting, supply and implementation, project and program management, support and maintenance, including network and information systems, information center systems, information security systems, cybersecurity, service management systems, solutions, software and geo-survey systems. 

The company increased its capital three times, bringing the current capital to SAR 300 million, as the following table shows: