- Naranj Research Desk
- 🇸🇦 Saudi Stock Market
- 🇺🇸 USA Stock Market
Saudi Research and Media Group functions as a publishing entity involved in trading, media, advertising, promotions, distribution, printing, and public relations across Europe, North America, Africa, Asia, the Middle East, and North Africa. It owns several publications, including Asharq Al-Awsat, Al-Riyadiah, Arab News, Sayidaty, and Hia. The company offers visual and printed media services, television and radio broadcasting, news wire services, and financial and business solutions, alongside producing electronic audio and video content. Additionally, it organizes forums, conferences, and exhibitions; trades in books and communication equipment; develops software; and participates in the packaging and plastic sectors. It also provides training, consulting, rental, research, support, communication, and Internet services, while advancing educational methodologies. Established in 1972 and headquartered in Riyadh, Saudi Arabia, the company was previously known as Saudi Research and Marketing Group until its rebranding in May 2021.
SRMG — TASI —
Current RSI of this stock is 69.18, which indicates the strength of buyers.
Increasing ADX value above 20, indicated the strength of the trend, thereby uptrending ADX confirms the bullish or bearish supportive decisions. Along with the rising ADX, and the +DI is above (or crossing) -DI, indicates the long trades should be favoured.
MACD line has crossed the signal line from the below, generates bullish signal.
Based on our KSA trading and investment advice, Saudi Research and Media Group stock price target will be SAR 305 - SAR 308 in the next 12-14 trading sessions.
