UCA plunges to lowest price since debut
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 | 3.36 |
| Low | 3.36 |
| High | 3.46 |
| Previous Close | 3.35 |
| Change (3M) | 0.00 % |
| Change (6M) | 12.29 % |
| Market Value | 135.20 |
| Avg. Volume (3M) | 664,426.17 |
| Avg. Turnover (3M) | 2,273,656.78 |
| Avg. Transaction (3M) | 706.37 |
| Change(12M) | (29.44 %) |
| YTD | (9.14 %) |
Adjustments to the capital (M Riyal) :
| Date | Type | Capital (M Riyal) | Change (%) |
| 2024 | Bonus Shares | 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 | Bonus Shares | 400.00 | (18.37%) |
| 2015 | Right Issue | 490.00 | 75.00% |
| 2013 | Bonus Shares | 280.00 | 40.00% |
| 2008 | IPO | 200.00 | 66.67% |
Overview :
The company was established in Jeddah in 2007 with capital of SAR 200 million as a Saudi closed joint-stock company, before converting into a Saudi public joint-stock company the following year. In early 2009, it commenced its insurance operations, and its headquarters was relocated to Riyadh in 2023.
Activities and Business Segment
The company provides general insurance, health insurance, and motor insurance services across multiple business segments, with the motor insurance segment serv...
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Financial Ratios :
| Financial Ratio | Current |
| Market Cap (M Riyal) | 135.20 |
| Recurring EPS ( Riyal) (TTM) | (3.81 ) |
| Book Value (BV) ( Riyal) (Latest announcement) | 0.42 |
| Recurring P/E (TTM) | Neg |
| Price/Book | 8.03 |
| Dividend Yield (%) (Last Year) | - |
| Return on Average Assets (%) (TTM) | (18.35 ) |
| Return on Average Equity (%) (TTM) | (166.55 ) |
| Shares Outstanding (M) | 40.00 |
| Par Value ( Riyal) | 10.00 |
| Return on Market Cap (%) | (113.61 ) |
Calendar :
-
24 June
General Assembly
-
Call Request
Comments Analysis: