- Naranj Research Desk
5% – 6%
12 - 14 Days
5% – 6%
12 - 14 Days
The First Milling Company is one of Saudi Arabia’s leading food producers. It manufactures and sells flour, bran, semolina, specialty flour, and wheat products under the First Mills and Aloula brands. The company also produces animal feed for livestock, poultry, horses, and dairy cattle under the Naffa’a brand. Founded in 1972, the company is headquartered in Jeddah, Saudi Arabia.
FIRST MILLS — TASI —
| Indicator | Value | Zone |
|---|---|---|
| RSI-14 | 61.88 | Neutral |
| CCI-14 | 266.22 | Overbought |
| Stochastic RSI | 100.00 | Overbought |
| ROC | 4.52 | Positive |
| William %R | -4.29 | Overbought |
| EMA | Value | Stock Position |
|---|---|---|
| 5 EMA | 53.18 | Above |
| 10 EMA | 52.72 | Above |
| 20 EMA | 52.61 | Above |
| 50 EMA | 52.57 | Above |
| 100 EMA | 52.41 | Above |
| 200 EMA | 52.73 | Above |
Based on our positional stock recommendations for Saudi Tadawul, First Milling stock price target will be SAR 57 - SAR 58 in the next 12-14 trading sessions.