- Naranj Research Desk
Almunajem Foods Company, established in 1950 and headquartered in Riyadh, Saudi Arabia, is a leading provider of food products through wholesale, retail, and food service channels. The company specializes in fruits, vegetables, frozen and chilled poultry and meat, canned goods, and various other food items. Its product portfolio includes chicken, meat, dairy products (such as cheese, butter, cream, and evaporated milk), french fries, olives and olive oil, seafood, avocado pulp, and basmati rice. Almunajem Foods also offers comprehensive logistical services, including storage and transportation. It caters to a diverse client base, including catering companies, airlines, hotels, restaurants (fast food to fine dining), cafes, juice shops, hypermarkets, supermarkets, mini markets, baqalas, small retailers, and individual consumers. The company operates as a subsidiary of Abdullah Ali Almunajem Sons Company.
ALMUNAJEM — TASI —
| Indicator | Value | Zone |
|---|---|---|
| RSI-14 | 76.10 | Overbought |
| CCI-14 | 238.00 | Overbought |
| ROC | 17.00 | Positive |
| Stochastic RSI | 70.69 | Neutral |
| William %R | -2.70 | Overbought |
| EMA | Value | Stock Position |
|---|---|---|
| 5 EMA | 56.88 | Above |
| 10 EMA | 55.2 | Above |
| 20 EMA | 52.42 | Above |
| 50 EMA | 47.51 | Above |
| 100 EMA | 45.6 | Above |
| 200 EMA | 47.56 | Above |
Based on our Saudi stock signals for trading, Almunajem Foods stock price target will be SAR 63 - SAR 64 in the next 12-14 trading sessions.