- Naranj Research Desk
- 🇸🇦 Saudi Stock Market
- 🇺🇸 USA Stock Market
9% - 10%
14 - 15 Days
9% - 10%
14 - 15 Days
Saudi Public Transport Company (SAPTCO), founded in 1979 and based in Riyadh, provides transportation services within Saudi Arabia and internationally. Its operations cover passenger transport, specialized services, digital mobility solutions, and the Riyadh public transport project.
The company offers city-to-city and intercity bus services, international routes to Gulf and Arab countries, school and teacher transport, car rentals, and cargo services. It also supports pilgrims’ transport, operates and maintains buses, trains, and metros, and provides maintenance and logistics.
In addition, SAPTCO develops digital mobility platforms like eJourney, FinUP, MerAPP, and Fastmile, along with driver training, systems analysis, and smart mobility technologies.
SAPTCO — TASI —
The price recently rebounded from the trendline support on the weekly chart, suggesting the potential for sustained upward momentum.
A bullish signal is generated as the K line (blue) crosses over the D line (orange) from below, indicating a reversal from oversold conditions.
Based on our short term swing trading signals for Saudi Arabia, Saudi Public Transport Company stock price target will be SAR 14 - SAR 14.2 in the next 14-15 trading sessions.
