- Naranj Research Desk
4% – 5%
12 - 14 Days
4% – 5%
12 - 14 Days
Riyadh Cement Company is a Saudi company based in Riyadh that produces and sells grey and white cement. Its products include ordinary Portland cement, sulfate-resistant cement, finishing cement, and white Portland cement. The company serves markets across Saudi Arabia and several other countries in the region, including Bahrain, Iraq, Yemen, Jordan, and Oman. It was established in 1997 and was formerly known as Saudi White Cement Company before changing its name in 2021.
RIYADH CEMENT — TASI —
| Indicator | Value | Zone |
|---|---|---|
| RSI-14 | 69.46 | Neutral |
| CCI-20 | 123.60 | OverBought |
| Stochastic RSI | 75.66 | OverBought |
| Stochastic %K | 82.27 | OverBought |
| William %R | -2.13 | OverBought |
| EMA | Value | Stock Position |
|---|---|---|
| 10 EMA | 23.21 | Above |
| 20 EMA | 22.97 | Above |
| 50 EMA | 22.76 | Above |
| 100 EMA | 22.97 | Above |
| 200 EMA | 23.99 | Below |
Based on our Saudi Tadawul stocks advice, Riyadh Cement stock price target will be SAR 24.5 - SAR 24.75 in the next 12-14 trading sessions.