4 min read
The Middle Eastern stock markets have recently experienced mixed movements, with the Saudi bourse seeing losses due to profit-taking while Qatar’s index has edged higher, reflecting ongoing regional economic shifts. Despite their vintage feel, penny stocks remain a relevant investment area for those interested in smaller or newer companies. These stocks can offer affordability and potential growth when backed by strong financials, making them intriguing options for investors seeking under-the-radar opportunities.
|
Name |
Share Price |
Market Cap |
Financial Health Rating |
|
Maharah for Human Resources (SASE:1831) |
SAR4.71 |
SAR2.11B |
★★★★☆☆ |
|
Thob Al Aseel (SASE:4012) |
SAR3.69 |
SAR1.48B |
★★★★★★ |
|
Alarum Technologies (TASE:ALAR) |
₪4.835 |
₪344.3M |
★★★★★☆ |
|
E7 Group PJSC (ADX:E7) |
AED1.04 |
AED2.1B |
★★★★★★ |
|
Al Wathba National Insurance Company PJSC (ADX:AWNIC) |
AED3.30 |
AED683.1M |
★★★★★★ |
|
Dubai National Insurance & Reinsurance (P.S.C.) (DFM:DNIR) |
AED3.30 |
AED381.15M |
★★★★★★ |
|
Dubai Investments PJSC (DFM:DIC) |
AED3.08 |
AED13.05B |
★★★★☆☆ |
|
Al Dhafra Insurance Company P.S.C (ADX:DHAFRA) |
AED4.86 |
AED486M |
★★★★★★ |
|
Sharjah Cement and Industrial Development (PJSC) (ADX:SCIDC) |
AED0.82 |
AED503.63M |
★★★★★★ |
|
Tgi Infrastructures (TASE:TGI) |
₪2.705 |
₪212.34M |
★★★★★★ |
Click here to see the full list of 79 stocks from our Middle Eastern Penny Stocks screener.
Underneath we present a selection of stocks filtered out by our screen.
Simply Wall St Financial Health Rating: ★★★★☆☆
Overview: National Bank of Umm Al-Qaiwain (PSC) provides retail and corporate banking services in the United Arab Emirates, with a market capitalization of AED5.38 billion.
Operations: The bank’s revenue is primarily derived from Treasury and Investments, contributing AED410.1 million, and Retail and Corporate Banking, which adds AED342.24 million.
Market Cap: AED5.38B
National Bank of Umm Al-Qaiwain (PSC) stands out with a solid market capitalization of AED5.38 billion, driven by substantial revenue from Treasury and Investments, as well as Retail and Corporate Banking. Despite a stable weekly volatility at 5%, the bank’s earnings growth has decelerated to 0.3% over the past year, trailing behind its five-year average of 19.8%. The bank maintains an appropriate Loans to Deposits ratio at 63% but faces challenges with high bad loans at 2.2%. Its Price-To-Earnings ratio is competitive at 10.1x, though Return on Equity remains low at 8.6%.