Logo of MedGulf
Shares of The Mediterranean and Gulf Insurance and Reinsurance Co. (MEDGULF) dropped by 2% to SAR 11.82, recording the lowest close since debut, today, June 30.
The stock dropped 1%, with a trading volume of nearly 100,000 shares so far.
The company, which is currently capitalized at SAR 1.050 billion, was founded in 2005, and listed on the Saudi Stock Exchange (Tadawul) in April 2007. Its main business portfolio comprises a number of insurance products, including medical, saving, auto and general insurance.
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Stock Performance
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Annual High (SAR)
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22.94
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June 30, 2021
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Annual Low (SAR)
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11.96
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Today, June 30
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Historical High (SAR)
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148.31
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Oct. 28, 2014
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Historical Low (SAR)
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11.96
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Today, June 30
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Highest Traded Volume (SAR mln)
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19.40
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May 7, 2007
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The following table shows the company’s key financial indicators:
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Key Financial Indicators
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Book Value (SAR)
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9.19
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P/B Ratio (x)
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1.30
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Share Capital (mln)
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105
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Free Float (mln shares)
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76.66
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Changes to MEDGULF capital (SAR mln)
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Date
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Change
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Old Capital
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New Capital
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Change
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2021
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Rights Issue
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700
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1050
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50%
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2021
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Capital Reduction
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800
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700
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(12.5%)
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2018
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Rights Issue
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400
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800
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100%
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2017
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Capital Reduction
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1000
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400
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(60%)
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2013
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Bonus Issue
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800
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1000
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25%
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