Shares of AXA Insurance hit highest close since debut

27/07/2021 Argaam Special


Shares of AXA Cooperative Insurance Co. hit their highest price since debut, at SAR 44.40, today, July 27.

 

The stock closed at an increase of 7% at SAR 43.55, the highest closing since listing, with nearly 1.8 million shares traded.

 

 

Accordingly, the stock soared more than 40% since last October.

 

AXA was established in 2009, and was listed on the Saudi Stock Exchange (Tadawul) in the same year.

 

It provides insurance and reinsurance services, including engineering, fire, property, marine transportation (goods), casualty and liability, motor, health and group life insurance.

 

AXA Insurance Share Performance

Annual High (SAR)

44.40

 2021,July 27

Annual Low (SAR)

31.10

Oct. 26, 2020

Historical High (SAR)

44.40

 2021,July 27

Historical Low (SAR)

7.24

 2021,March 2

Highest Trading Volume (mln shares)

37.3

 (listing date) 2009,July 27

 

Key Financial Indicators

EPS (last 12 months) (SAR)

2.92

P/E (last 12 months) (x)

14.91

Book Value (SAR)

17.69

P/B ratio (x)

2.46

 

The company increased its capital twice, bringing the current capital to SAR 500 million, as the following table shows:

 

Amendments to Capital

Date

Method

Old Capital

New Capital

Variation

2019

Rights Issue

450

500

+11%

2015

Bonus Shares

200

450

+125%

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