Saudi Electricity shares down to 13-month low

Shares of Saudi Electricity Company declined on Thursday to hit more than a year low where it closed at SR 23 on April 4^th 2021.

The company’s stock fell today by 6.39% approaching a thirteen-month low.

Year-to-date, Saudi Electricity Company shares have lost SR 0.98 or 4.09% from 2021 last session’s close at SR 23.98.

There have been 7016 deals worth SR 103.5 million executed on 4.43 million shares of the company.

It should be noted that the Saudi Electricity Company announced yesterday recording SR 1.517 billion profit in the first quarter of the current year from SR 1.689 billion a year earlier.