- Naranj Research Desk
- 🇸🇦 Saudi Stock Market
- 🇺🇸 USA Stock Market
Batic Investments & Logistics Co. specializes in the development of residential and commercial properties. The company operates across various sectors, including Transportation, Real Estate, Security Services, ATM Management, Insurance Money Transfer, Currency Handling, Maintenance and Operations, and Medical Equipment Supply. The Transportation division offers a wide range of services, such as goods transportation, car and trailer rentals, cold storage rentals, fuel stations, maintenance workshops, and equipment sales and maintenance for road transport. In the Real Estate segment, the company acquires and sells land and constructs buildings. Additionally, the Security Services division provides reliable security guard and shift services to banks and businesses. The ATM Feeding division encompasses the provision of feeding and upkeep services for ATMs operated by banks. In the Insurance Money Transfer sector, this company specializes in delivering secure and insured transportation services for the transfer of valuable assets and funds. Their Maintenance and Operation segment excels in providing comprehensive building maintenance, efficient property management, and effective marketing solutions. The company is headquartered in Riyadh, Saudi Arabia.
BATIC — TASI —
Current RSI of this stock is 59.07, which indicates the strength of buyers.
MACD line has just crossed the signal line from the below and a positive histogram chart is forming. This can be considered as a bullish signal.
The OBV line is moving in the same upward direction which means there is a positive sentiment in the market. Also the significant price up move accompanying with increasing OBV volume suggests strong buying pressure.
Based on our Saudi stocks trading calls, Batic Investments and Logistics stock price target will be SAR 3.75 - SAR 3.8 in the next 14-15 trading sessions.
