News / Stock

Saudi Arabia: Medical infrastructures, According to Alphie Al Mouwasat Medical Services Will Continue to Grow.

Jun 30, 2020 - 12:30 GMT+0000

The Robot believes the stock will continue on its current positive trend. Al Mouwasat Medical Services (4002_SAU), listed at the Riyadh stock exchange in Saudi Riyals, is a company that operates hospitals, dispensaries and pharmacies in Saudi Arabia. The company was founded in 1974 and controls various subsidiaries. According to an internal report, the company’s revenue for 2019 totaled 1.85 billion Saudi Riyals. The company’s stock price has been gradually growing since mid-May and can now be found at 89.6 Riyals. The company’s market cap stands at 8.95B.    AlphieTMsuggests going long on the stock and predicts a possible upside…

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