Elm shares end at all-time high

Logo of Elm Co.

Shares of Elm Co., listed under the information technology (IT) and digital services sector, closed today, Aug. 23, 8% higher at SAR 772 after nearly 433,000 shares changed hands.

Elm hit an intraday high of SAR 777. 

Established in 1988, Elm listed shares on the Saudi Exchange (Tadawul) in February 2022, with SAR 800 million capital. No capital changes have been made since the stock’s debut.

The company operates in establishing, managing, operating and investing in industrial facilities. 

Elm’s core activities include the provision of telecommunications, IT, information security, e-business, and credit information sharing services. It also provides digital services that link public and private sectors, in addition to managing, equipping, operating, and maintaining data and information centers. 

Elm’s business activities also include the wholesale and retail trade in electronic hardware, software, information systems, and communication networks. It also provides websites for purchasing and selling online, as well as technical project management services.

 The table below highlights the stock's key financial ratios: