2P shares close at highest level since debut

Logo of Perfect Presentation for Commercial Services Co. (2P)

Shares of Perfect Presentation for Commercial Services Co. (2P), listed under IT services sector, hit today, Aug.3, their highest level since listing, at SAR 26.25.

 

The stock ended 2% lower at SAR 24.62, with nearly 4.6 million shares traded.

 

Established in 2004, 2P was listed on the Saudi Stock Exchange (Tadawul) on Nov. 16, 2022; with a capital of SAR 150 million.

 

In June, the company split its stock nominal value from SAR 10 to SAR 1 a share, bringing the number of shares to 150 million.

 

2P Stock Performance*

Historical High (SAR)

26.25

Today, Aug. 3, 2023

Historical Low (SAR)

13.78

Dec. 12, 2022

Highest Trading Volume (mln shares)

35.7

Nov. 16, 2022 (On Debut)
 *Adjusted number of shares has been taken into account

 

 The following table shows the most important financial indicators of the company:

 

Key Financial Indicators

Earnings Per Share (last 12 months) (SAR)

0.90

Operating P/E (last 12 months) (x)

27.36

Book Value (SAR)

1.86

P/B Ratio (x)

12.24

Par Value (SAR)

1.00

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