UCA plunges to lowest price since debut

16/06/2025 Argaam Exclusive

Shares of Tadawul-listed United Cooperative Assurance Co. (UCA) plunged to their lowest price at SAR 6.7 today, June 16.

 

The stock, however, closed 1% higher at SAR 6.98.

Year High (SAR) Year Low (SAR)
11.90 6.70
Highest Since Debut (SAR) Lowest Since Debut (SAR)
36.21 6.70

The company adjusted its capital several times since its listing on the Main Market (TASI), as shown below:

Market Data :

Open 4.68
Low 4.65
High 4.84
Previous Close 4.72
Change (3M) (30.14 %)
Change (6M) (48.17 %)
Market Value 192.80
Avg. Volume (3M) 310,402.24
Avg. Turnover (3M) 1,738,216.70
Avg. Transaction (3M) 604.29
Change(12M) (57.19 %)
YTD (45.96 %)

Adjustments to the capital (M Riyal) :

Date Type Capital (M Riyal) Change (%)
2024 Reduction   300.00 (25.00%)
2023 Right Issue   Cancelled 700.00 75.00%
2022 Private Offering   Cancelled 592.60 48.15%
2021 Right Issue   Cancelled 700.00 75.00%
2018 Reduction   400.00 (18.37%)
2015 Right Issue   490.00 75.00%
2013 Split   280.00 40.00%
2008 IPO   200.00 66.67%

Overview :

Established in 2008 as a Saudi joint-stock company with capital of SAR 200 million, the company was initially based in Jeddah before its headquarters was relocated to Riyadh in 2023. The company offers insurance and reinsurance services across seven key segments. The medical insurance segment covers medical expenses, medications, and various medical services and supplies. The comprehensive motor insurance segment is the company's primary revenue source, covering vehicle-related losses and l...


Financial Ratios :

Financial Ratio Current
Market Cap (M Riyal) 192.80
EPS ( Riyal) (TTM) (3.13 )
Book Value (BV) ( Riyal) (Latest announcement) 4.15
Recurring P/E Neg
Price/Book 1.16
Dividend Yield (%) (Last Year) 0.00
Return on Average Assets (%) (TTM) (15.88 )
Return on Average Equity (%) (TTM) (57.39 )
Shares Outstanding (M) 40.00
Par Value ( Riyal) 10.00
Return on Market Cap (%) (41.96 )


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