UCA shares close at record low
United Cooperative Insurance Co. (UCA), listed under the insurance sector on TASI, closed 3% lower at an all-time low of SAR 4.52 today, Oct. 29.
The stock reached an intraday low of SAR 4.43.
| Year High (SAR) | Year Low (SAR) |
| 11.22 | 4.43 |
| Highest Since Debut (SAR) | Lowest Since Debut (SAR) |
| 36.21 | 4.43 |
With today’s decline, the stock has lost about 50% year to date.
Market Data :
| Open | 2.92 |
| Low | 2.89 |
| High | 2.96 |
| Previous Close | 2.94 |
| Change (3M) | (18.73 %) |
| Change (6M) | (40.16 %) |
| Market Value | 118.00 |
| Avg. Volume (3M) | 661,333.13 |
| Avg. Turnover (3M) | 2,429,456.26 |
| Avg. Transaction (3M) | 697.07 |
| Change(12M) | (68.65 %) |
| YTD | (20.70 %) |
The insurer has made several adjustments to its capital.
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 Jeddah in 2007 as a Saudi joint-stock company with SAR 200 million in capital under Commercial Registration No. 4030179955, United Cooperative Assurance Co. (UCA) transitioned to a publicly listed company on the Main Market (TASI) in 2008, commenced insurance operations in early 2009, and subsequently relocated its headquarters to Riyadh in 2023 under Commercial Registration No. 1010269076.
The company’s core business activities include cooperative insurance and reinsuran...
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Financial Ratios :
| Financial Ratio | Current |
| Market Cap (M Riyal) | 118.00 |
| EPS ( ) (TTM) | (4.80 ) |
| Book Value (BV) ( Riyal) (Latest announcement) | 2.47 |
| Recurring P/E | Neg |
| Price/Book | 1.19 |
| Dividend Yield (%) (Last Year) | 0.00 |
| Return on Average Assets (%) (TTM) | (24.94 ) |
| Return on Average Equity (%) (TTM) | (104.14 ) |
| Shares Outstanding (M) | 40.00 |
| Par Value ( Riyal) | 10.00 |
| Return on Market Cap (%) | (87.33 ) |
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