Shares of MIS hit highest close since debut, gain 600% since March 2020

29/08/2021 Argaam Special

Logo of Al Moammar Information System Co.


Shares of Al Moammar Information Systems Co. (MIS) hit their highest price since listing, at SAR 173 today, Aug. 29.

 

The stock closed today's session 5% higher at SAR 172 – the highest close since listing, with a traded volume of 611,000 shares.

 

Accordingly, the stock soared more than 600% since March 2020 and 260% a year ago.

 

In 1979, the company was established under the name of Muhammad Al Moammar & Partners Co. It was converted into a joint stock firm in 2008 under the name Al Moammar Information Systems Co. It is headquartered in Riyadh, Saudi Arabia.

 

MIS was listed on the Saudi Stock Exchange (Tadawul) on April 24, 2019.

 

 

MIS Share Performance

Annual high (SAR)

173.00

 ,29 .Aug ,Today2021

Annual low (SAR)

47.60

Sept. 2, 2020

Historical high (SAR)

173.00

Aug. 29, 2021

Historical low (SAR)

24.97

March 16, 2020

Highest trading volume (mln shares)

3.35

April 24, 2019

 

Key Financial Indicators

EPS (last 12 months) (SAR)

3.02

P/E (last 12 months) (x)

Higher than 50

Book Value (SAR)

12.52

P/B ratio (x)

13.74

 

The company increased its capital twice, bringing the current capital to SAR 250 million, as the following table shows:

 

Amendments to Capital (SAR mln)

Date

Hike Method

Old Capital

New Capital

Variation

2017

Bonus Shares

200

250

+25%

2005

Bonus Shares

160

200

+25%

Comments {{getCommentCount()}}

Be the first to comment

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

Most Read