ALRAJHI
1120
1120
The earnings per share (EPS) of Al-Rajhi Bank declined in the 12-month period until the end of September 2014 to SAR 4.23 compared with SAR 4.86 in 2012, according to Al-Riyadh daily.
The stock price declined to SAR 53, and the P/E ratio hit 12.53x compared with 13.99x in 2013.
Thus, the stock price is considered ‘acceptable’ on the current data, as the bank’s performance is characterized by stability and sustainability over the past five years.
According to the stock’s closing price of SAR 53 on Dec. 30, the lender’s market value reached nearly SAR 86.12 billion, divided into 1.625 billion shares, of which almost 1.137 billion are free float.
The stock price range was between SAR 52.5 and SAR 56 over five sessions, and between SAR 48.40 and SAR 79.50 in one year. This means that the stock fluctuated by 48.63% in 12 months, which indicates that the stock is of medium to low risk.
Photo Credit: Arabianeye-Reuters
The stock price declined to SAR 53, and the P/E ratio hit 12.53x compared with 13.99x in 2013.
Thus, the stock price is considered ‘acceptable’ on the current data, as the bank’s performance is characterized by stability and sustainability over the past five years.
According to the stock’s closing price of SAR 53 on Dec. 30, the lender’s market value reached nearly SAR 86.12 billion, divided into 1.625 billion shares, of which almost 1.137 billion are free float.
The stock price range was between SAR 52.5 and SAR 56 over five sessions, and between SAR 48.40 and SAR 79.50 in one year. This means that the stock fluctuated by 48.63% in 12 months, which indicates that the stock is of medium to low risk.
Photo Credit: Arabianeye-Reuters
Source:
Mubasher
