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    CANA   EGS60231C015

SUEZ CANAL BANK (S.A.E)

(CANA)
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An unknown buyer acquired 6.82% stake in Mohandes Insurance Company from Suez Canal Bank (S.A.E) for EGP 74.4 million

01/25/2021 EDT

An unknown buyer acquired 6.82% stake in Mohandes Insurance Company (CASE:MOIN) from Suez Canal Bank (S.A.E) (CASE:CANA) for EGP 74.4 million on January 24, 2021. Under the terms of transaction, Suez Canal Bank sold 5.12 million shares and Its stake reduced from 9.88% to 3.06% in Mohandes. An unknown buyer completed the acquisition of 6.82% stake in Mohandes Insurance Company (CASE:MOIN) from Suez Canal Bank (S.A.E) (CASE:CANA) on January 24, 2021


ę S&P Capital IQ 2021
All news about SUEZ CANAL BANK (S.A.E)
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Financials
Sales 2020 1 923 M 123 M 123 M
Net income 2020 602 M 38,5 M 38,5 M
Net cash 2020 10 552 M 675 M 675 M
P/E ratio 2020 3,79x
Yield 2020 -
Capitalization 2 435 M 155 M 156 M
EV / Sales 2019 -6,18x
EV / Sales 2020 -4,41x
Nbr of Employees 1 371
Free-Float 7,07%
Chart SUEZ CANAL BANK (S.A.E)
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Suez Canal Bank (S.A.E) Technical Analysis Chart | MarketScreener
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Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 2
Last Close Price 11,07 EGP
Average target price 10,45 EGP
Spread / Average Target -5,60%
Managers and Directors
Hussein Ahmed Ismail Refaie Chairman & Managing Director
Tamir Abdel Wahid Abdul Samie Chief Financial Officer & Head-Strategic Planning
Yehya Hussein Mohammad Hussein Senior General Manager-Technical Department
Abdel Razzaq Abdullah Aun Al-Ojaili General Manager-Information Technology
Mohammed Fahmi Mohammed Darwish GM-Operations & Information Technology