- Naranj Research Desk
- 🇸🇦 Saudi Stock Market
- 🇺🇸 USA Stock Market
Saudi Energy Company (SEC), based in Riyadh, generates, transmits, and distributes electricity across Saudi Arabia. It operates through four main segments — Generation, Transmission, Distribution & Subscriber Services, and Others.
Besides electricity, SEC is involved in building and managing electric and fiber optic networks, providing telecom services, managing energy and water projects, and investing in real estate. It also supports international bond and sukuk issuances.
The company serves a wide range of customers, including government, industrial, agricultural, commercial, and residential sectors. Established in 2000, SEC is the main electricity provider in Saudi Arabia.
SAUDI ENERGY — TASI —
| Indicator | Value | Zone |
|---|---|---|
| RSI-14 | 78.03 | Overbought |
| CCI-14 | 179.16 | Overbought |
| Stochastic RSI | 94.68 | Overbought |
| ROC | 17.98 | Positive |
| William %R | -13.51 | Overbought |
| EMA | Value | Stock Position |
|---|---|---|
| 5 EMA | 15.57 | Above |
| 10 EMA | 15.13 | Above |
| 20 EMA | 14.75 | Above |
| 50 EMA | 14.41 | Above |
| 100 EMA | 14.39 | Above |
| 200 EMA | 14.72 | Above |
Based on our positional stock recommendations for Saudi Tadawul, Saudi Energy Company stock price target will be SAR 16.8 - SAR 17 in the next 14-15 trading sessions.
