Maharah for Human Resources Faces Investor Skepticism Despite 26% Stock Surge
Investors in Maharah for Human Resources Company (TADAWUL:1831) remain cautiously skeptical despite the recent 26% surge in the company’s stock price. Shareholders, while witnessing a notable recovery from previous weaknesses, seem hesitant as the price-to-earnings (P/E) ratio stands at 24.9x, appearing relatively “middle-of-the-road” compared to the Saudi Arabian market’s median P/E ratio of approximately 24x. …
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