MEH
23.24 SAR
+3.07%
Today
+3.02%
1D
Market is closed
Sun
9:00 AM ~ 2:00 PM
Mon
9:00 AM ~ 2:00 PM
Tue
9:00 AM ~ 2:00 PM
Wed
9:00 AM ~ 2:00 PM
Thu
9:00 AM ~ 2:00 PM
Fri
Closed
Sat
Closed
Information
Name
Middle East Healthcare
Currency
SAR
Market Cap
2.07B
Avg Daily Volume
378.69K
52 Week High
48 SAR
52 Week Low
22 SAR
Trading Hours
See hours
Business Summary
Middle East Healthcare Company, a healthcare provider, owns and operates a network of hospitals under the Saudi German Hospital name in the Kingdom of Saudi Arabia and internationally. The company operates, manages, and maintains hospitals; and medical, educational, rehabilitation, laboratories and radiology, physiotherapy, and pharmacies centers. It also buys land to construct medical projects, as well as to establish, manage, construct, and organize exhibitions. The company was founded in 1988 and is based in Jeddah, the Kingdom of Saudi Arabia. Middle East Healthcare Company operates as a subsidiary of Bait Al Batterjee Medical Co. Ltd.
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Frequently Asked Questions
What are healthcare stocks and why are they important to investors?
Healthcare stocks include pharmaceutical companies, biotech firms, hospitals, and medical device manufacturers.
Are healthcare stocks less volatile?
Generally yes. Because healthcare is a necessity, demand remains relatively steady, making the sector less sensitive to economic cycles.
What drives growth in healthcare investments?
Aging populations, technological advancements, and increased healthcare spending contribute to long-term growth in the sector.
What are the risks of investing in healthcare?
Regulatory changes, drug approval delays, and legal challenges can affect the profitability and stock prices of healthcare companies.
