Marafiq Financial Stability and Trading Insights?Marafiq is a utility company in Saudi Arabia trading under the ticker 2083 on the Saudi Stock Exchange. Founded in 1983, it's primarily owned by the Saudi government and Saudi Aramco. The company specializes in electricity and water services, focusing on the industrial cities of Jubail and Yanbu.
Key stats as of September 12, 2023:
- Share Price: SAR 67.20
- Market Cap: SAR 16.77 billion
- P/E Ratio: 23.73
- Dividend Yield: 0%
Financials for 2022:
- Revenue: SAR 13.5 billion
- Net Income: SAR 3.9 billion
- EPS: SAR 2.83
- Dividend per Share: SAR 1.1
Technical Analysis :
The stock has a strong support and buying level in the range of SAR 66-62. Traders should closely watch the stock's performance at these levels to gauge the market maker's next move before opening positions.
Marafiq primarily generates electricity from thermal plants and water from desalination plants. It has over 3,000 industrial clients, as well as commercial and residential customers. The company is financially stable and expected to grow, particularly as the industrial cities it serves continue to develop.
4140 Saudi Industrial Export CompanySaudi Industrial Export Company (stock number 4140 in the Saudi Stock Exchange) is involved in marketing and importing industrial products, including services like freight forwarding and supply chain solutions.
From a technical analysis perspective, the current stop loss is set at 26.65. Key for investors is the stock surpassing the 28.2 level, after which targets can be reassessed.
It's important to note that this stock has shown unpredictable behavior, so it's advised to approach with caution and not to risk a large investment.
As with any stock, it's vital to continuously monitor its performance and market trends for any necessary strategy adjustments.
Dr Saud
4163Al Dawaa Medical Services Company, listed as 4163 on the Saudi Stock Exchange, is involved in a variety of activities including online wholesale, pharmaceutical agents, and retailing of medical equipment. The company operates through Retail and Wholesale segments, focusing on selling goods to customers through pharmacies and wholesale customers, respectively. Established in 1993, it is headquartered in Al Khobar, Saudi Arabia.
As of the latest data, the stock price of Al Dawaa Medical Services Company closed at 115.60 SAR, with a 52-week range of 70.30 SAR to 117.00 SAR. The company's market capitalization stands at 9.826 billion SAR, and it has a price-to-earnings (P/E) ratio of 30.10. The earnings per share (EPS) reported is 3.84 SAR. Al Dawaa Medical Services Company does not currently pay dividends.
In terms of trading strategy, investors are considering a stop loss at 111 SAR. The target prices are set at 119 SAR, 124 SAR, and 135 SAR, suggesting potential areas of growth or resistance that traders may be watching.
For ongoing and detailed analysis, it is advisable to keep an eye on financial news.
Dr Saud
Jabal Omar Time and again, the company continues to execute strategic decisions impressively. The recent announcement regarding accommodations for Hajj pilgrims is expected to positively impact the company's profits and, consequently, its stock price.
Personally, I entered the market at a stock price of 24, and my target prices are indicated on the accompanying chart.
Dr saud
1214Is it the end of bullish cycle?
If we look at the bearish divergence with RSI, we definitely say YES! (or may be NO)
Al Hassan Ghazi Ibrahim Shaker Company produced a super-strong bearish signal in the form of bearish divergence pattern.
These signals are pointing towards a correction, a very strong correction towards the confluence of support lies at 0.382 (28.35 SAR) and 0.5 (26.50 SAR) Fib level from where pull back is expected.
6015🚀 Stock Alert: 6015
📈 Investment View: Technically Bullish 📈
🔍 Quick Info:
📈 Entry Range: 3.00 - 3.05
🎯 First Targets : 3.25
🎯 First Targets : 3.50
⚠ Stop Loss: 2.90
⏳ Nature of Trade: Short Term (Scalping)
📉 Risk Level: Medium
📰 Technical View: Bullish divergence with RSI is observed in its price action. Long position can be considered with the stop loss below 2.90.