MIC Stock Overview
Al-Mashreq Insurance Public Shareholding Company provides insurance solutions and services in Palestine.
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 0/6 |
| Past Performance | 3/6 |
| Financial Health | 3/6 |
| Dividends | 0/6 |
Al-Mashreq Insurance Public Shareholding Company Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$3.14 |
| 52 Week High | US$3.14 |
| 52 Week Low | US$2.71 |
| Beta | 0.049 |
| 1 Month Change | 0% |
| 3 Month Change | n/a |
| 1 Year Change | n/a |
| 3 Year Change | n/a |
| 5 Year Change | 165.43% |
| Change since IPO | 732.90% |
Recent News & Updates
Recent updates
Shareholder Returns
| MIC | PS Insurance | PS Market | |
|---|---|---|---|
| 7D | 0% | -2.1% | -1.5% |
| 1Y | n/a | 3.1% | -17.1% |
Return vs Industry: Insufficient data to determine how MIC performed against the PS Insurance industry.
Return vs Market: Insufficient data to determine how MIC performed against the PS Market.
Price Volatility
| MIC volatility | |
|---|---|
| MIC Average Weekly Movement | n/a |
| Insurance Industry Average Movement | 4.8% |
| Market Average Movement | 3.1% |
| 10% most volatile stocks in PS Market | 6.1% |
| 10% least volatile stocks in PS Market | 2.3% |
Stable Share Price: MIC has not had significant price volatility in the past 3 months.
Volatility Over Time: Insufficient data to determine MIC's volatility change over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1992 | 218 | Ayoub Wael Zurub | www.mashreqins.com |
Al-Mashreq Insurance Public Shareholding Company provides insurance solutions and services in Palestine. The company offers motor, workmen, third party-personal liability, health, engineering, fire, marine, life, and other general insurance, as well as reinsurance services. It also engages in investments and cash management activities; invests and trades in real estate; and manages medical expenses.
Al-Mashreq Insurance Public Shareholding Company Fundamentals Summary
| MIC fundamental statistics | |
|---|---|
| Market cap | US$25.12m |
| Earnings (TTM) | US$2.70m |
| Revenue (TTM) | US$41.95m |
9.3x
P/E Ratio0.6x
P/S RatioIs MIC overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| MIC income statement (TTM) | |
|---|---|
| Revenue | US$41.95m |
| Cost of Revenue | US$31.80m |
| Gross Profit | US$10.15m |
| Other Expenses | US$7.45m |
| Earnings | US$2.70m |
Last Reported Earnings
Mar 31, 2023
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.34 |
| Gross Margin | 24.19% |
| Net Profit Margin | 6.43% |
| Debt/Equity Ratio | 30.5% |
How did MIC perform over the long term?
See historical performance and comparison