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The Financial Express

Sea Pearl price soars 46pc in five sessions

FE Report | Published: January 23, 2020 11:33:49 | Updated: January 25, 2020 11:45:59


FE file photo FE file photo

The share price of Sea Pearl Beach Resort & Spa rose 46 per cent in last five sessions executed from the day of publishing quarterly statement that shows the company's EPS has declined.

The company's EPS declined to Tk 0.16 for October-December, 2019 against October-December, 2018.

The company's share price closed at Tk 41 each on January 15, 2020.

Later, the share price witnessed sharp rises in five consecutive sessions and closed at Tk 59.90 each on Wednesday.

As a result, the company's share price rose 46 per cent or Tk 18.90 in last five sessions.

Normally, the stock exchanges make query following any abnormal price hike of the shares of listed companies.

But no query was made to the Sea Pearl Beach Resort & Spa from the stock exchanges.

Sea Pearl Beach Resort & Spa, presently a 'B' category company, was listed on the stock exchanges in 2019.

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