MEDGULF closes at 18-month low
The Mediterranean and Gulf Insurance and Reinsurance Co.’s (MEDGULF) stock fell today, Aug. 6, by 2% hitting SAR 15.80, marking its lowest closing in 18 months.
The stock reached its intraday low at SAR 15.15.
Earlier today, the insurer announced incurring a loss of SAR 1.5 million in Q2 2025.
| Year High (SAR) | Year Low (SAR) |
| 29.65 | 15.15 |
| Highest Since Debut (SAR) | Lowest Since Debut (SAR) |
| 148.13 | 7.53 |
Accordingly, the year-to-date (YTD) losses of the stock reached 40%.
Market Data :
| Open | 14.30 |
| Low | 14.02 |
| High | 14.30 |
| Previous Close | 14.29 |
| Change (3M) | (5.99 %) |
| Change (6M) | (2.75 %) |
| Market Value | 1,952.20 |
| Avg. Volume (3M) | 917,462.40 |
| Avg. Turnover (3M) | 13,485,565.79 |
| Avg. Transaction (3M) | 1,676.40 |
| Change(12M) | (38.57 %) |
| YTD | 22.13 % |
Since its listing on the Saudi Exchange (Tadawul), MEDGULF has amended its capital several times, as shown below:
Adjustments to the capital (M Riyal) :
| Date | Type | Capital (M Riyal) | Change (%) |
| 2025 | Private Offering | 1,381.58 | 31.58% |
| 2021 | Right Issue | 1,050.00 | 50.00% |
| 2021 | Reduction | 700.00 | (12.50%) |
| 2018 | Right Issue | 800.00 | 100.00% |
| 2017 | Reduction | 400.00 | (60.00%) |
| 2017 | Right Issue Cancelled | 800.00 | 100.00% |
| 2013 | Split | 1,000.00 | 25.00% |
| 2007 | IPO | 800.00 | 0.00% |
Overview :
Founded as a Saudi joint-stock company in Riyadh in 2006, the company's operations commenced earlier, in 1995, under an exclusive agency agreement between MEDGULF Bahrain and Samia Corporation. The company was transitioned into a Saudi public joint-stock company in 2007.
The company provides insurance and reinsurance services across five primary business segments. The largest is medical insurance, which serves as the company's primary revenue source and covers medical and pharmaceutical...
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Financial Ratios :
| Financial Ratio | Current |
| Market Cap (M Riyal) | 1,952.20 |
| EPS ( ) (TTM) | 0.36 |
| Book Value (BV) ( Riyal) (Latest announcement) | 11.53 |
| Recurring P/E | 56.68 |
| Price/Book | 1.23 |
| Dividend Yield (%) (Last Year) | 0.00 |
| Return on Average Assets (%) (TTM) | 1.23 |
| Return on Average Equity (%) (TTM) | 3.13 |
| Shares Outstanding (M) | 113.29 |
| Par Value ( Riyal) | 10.00 |
| Return on Market Cap (%) | 2.57 |
Calendar :
-
23 October
General Assembly
-
Call Request
Comments Analysis: