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.












Stock Performance

Annual High (SAR)

22.94

June 30, 2021

Annual Low (SAR)

11.96

Today, June 30

Historical High (SAR)

148.31

Oct. 28, 2014

Historical Low (SAR)

11.96

Today, June 30

Highest Traded Volume (SAR mln)

19.40

May 7, 2007




 The following table shows the company’s key financial indicators:











Key Financial Indicators

Book Value (SAR)

9.19

P/B Ratio (x)

1.30

Share Capital (mln)

105

Free Float (mln shares)

76.66













Changes to MEDGULF capital (SAR mln) 

Date

Change

Old Capital

New Capital

Change

2021

Rights Issue

700

1050

50%

2021

Capital Reduction

800

700

(12.5%)

2018

Rights Issue

400

800

100%

2017

Capital Reduction

1000

400

(60%)

2013

Bonus Issue

800

1000

25%