Dallas, Texas 01/01/2014 (FINANCIALSTRENDS) – Sansiri Public Company Limited (BKK:SIRI) open session saw its stock price value touching $1.79 and for the entire day it hovered between $1.75 and $1.80. The session closed at $1.79. On 31st December, 2013 there was a volume of 25.26 million shares. If we talk about the 2013 performance of the Sansiri Public Company Limited stock value it is down by about -50%. The 52 week high of this stock is $4.18 and the 52 week low of Sansiri Public Company Limited is $2.95.
If we talk about the current market capitalization of Sansiri Public Company Limited it is around $21.43 billion and the share price is trading at a P/E multiple of 48.08.
Overview of Sansiri Public Company Limited (BKK:SIRI)
Sansiri Public Company Limited (BKK:SIRI) is basically a Thailand based company and deals in real estate business. There are many real estate verticals that company mainly deals in such as development of land and housing projects that it has acquired, residential real estate projects, service apartments for rental purposes, office building and spaces for rental purposes.
Apart from all the verticals that are discussed above the Sansiri Public Company Limited also deals in real estate brokerage and has presence in the hotel, medical, spa and education sector. The company was founded in 1984 and since then company is growing with very good numbers. The company also deals in property development for pool villas, luxury housing projects, semi-detached houses and single-detached houses.
If we talk about the current set of projects the Sansiri Public Company Limited has about 101 different projects and that consists of about 22 single-detached houses and 57 condominium projects as well as 22 townhouse projects. Many industry analysts are maintaining a hold rating on this stock. The sole reason behind this is the improvement in the real estate sector and industry friendly policies launched by the government.