Arabian Steel Pipes Manufacturing Experiences Minor Stock Price Move

Strategic Insights -

The Amman Stock Exchange closed the day with Arabian Steel Pipes Manufacturing (ASPMM) stock experiencing a minor move, increasing by 0.01 JD to 1.57 JD. The stock's trading activities were characterized by a price range of 1.55 JD to 1.57 JD, with an average price of 1.55 JD. A total of 5,200 shares were traded in eight transactions, valued at 8,072 JD.

Key Takeaways:

  • Arabian Steel Pipes Manufacturing (ASPMM) stock closed at 1.57 JD on September 1, marking an increase of 0.01 JD from its previous closing price of 1.56 JD.
  • The stock's trading session saw a price range of 1.55 JD to 1.57 JD, with an average price of 1.55 JD.
  • A total of 5,200 shares were traded in eight transactions, with a value of 8,072 JD.
  • The best bid price was recorded at 1.55 JD for 6,500 shares, while the best ask price was 1.57 JD.
  • The company operates within the Engineering and Construction sub-sector.
  • Over the past 12 months, the stock's value fluctuated between a low of 1.15 JD and a high of 1.62 JD.
  • The company's price-to-earnings ratio currently stands at 7.6, and it offers a dividend yield of 6.37%.
  • The minor move in the stock price reflects the trading patterns observed on the Amman Stock Exchange for companies in the designated market category.

Statistics:

  • Stock closing price: 1.57 JD
  • Increase from previous closing price: 0.01 JD
  • Number of shares traded: 5,200
  • Total value of shares traded: 8,072 JD
  • Price range: 1.55 JD to 1.57 JD
  • Average price: 1.55 JD
  • Best bid price: 1.55 JD (for 6,500 shares)
  • Best ask price: 1.57 JD

Sources:

  • Amman Stock Exchange (date not specified)
  • Arabian Steel Pipes Manufacturing (ASPMM) (date not specified)