Shares of Sadr Logistics hit all-time high

09/09/2021 Argaam Special

Logo of Sadr Logistics Co.


Shares of Sadr Logistics Co. hit all-time high at SAR 411 today, Sept. 9.

 

The stock closed 5% higher at SAR 402, with a trading volume of 587,000 shares.

 

Accordingly, the stock gained more than 80% year-to-date (YTD).

 

Sadr Logistics Co., previously Al-Samaani Factory For Metal Industries Co., was established in 1994 by Mohammed Al-Samaani (owner), with SAR 100,000 in capital.

 

In 2016, it was converted into a limited liability company (LLC) under the name of Al-Samaani Factory For Metal Industries, with SAR 6.5 million capital. Later, the partners decided to convert the company into a closed joint stock firm, with a capital of SAR 9 million.

 

It was listed on Nomu on Feb. 26, 2017, with SAR 25 million in capital, Argaam reported.

 

The company manufactures metal shelves, accessories and storage systems.

 

Stock Performance

Annual High (SAR)

411.00

Sep. 9, 2021

Annual Low (SAR)*

101.00

Sep. 14, 2020

Historical High (SAR)

411.00

Sep. 9, 2021

Historical Low (SAR)*

20.52

Oct. 9, 2019

Highest Trading Volumes (mln shares)

2.5

Jan. 12, 2021

*Listing on Nomu

 

Key Performance Indicators

EPS (last 12 months) (SAR)

0.78

Operating P/E (last 12 months) (x)

Above 50

Book Value (SAR)

13.58

P/B (x)

29.60

 

The company increased capital twice via a bonus share issue.

 

Company’s Capital (SAR mln)

Date

Method

Old Capital

New Capital

Change

2020

Bonus Issue

15.00

25.00

+67%

2018

Bonus Issue

11.25

15.00

+33%

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