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Arabian Drilling

الحفر العربية
2381 Main Market Shariah Compliant Strong Sell
77.50 SAR
-2.00 (-2.52%)
Market Cap 6.90B SAR
Volume 418.86K shares
P/E Ratio N/A
Dividend Yield 3.30%
52-Week Range Energy
72.00
107.00
Last Updated: March 26, 2026 Confidence: 85%

Technical Analysis & Signals

Strong Sell
Confidence 85%

Arabian Drilling stock is experiencing a notable decline under a bearish trend with clear negative signals.

Support 72.00 SAR
Resistance 79.50 SAR
Short-term (1-2 weeks) 75.00 SAR
Medium-term (1-3 months) N/A
Risk Score
8/10 High
Technical Analysis

The stock is in a clear downtrend, with the Relative Strength Index (RSI) at 33.8 indicating oversold conditions. Additionally, the negative MACD Histogram crossover reinforces the likelihood of continued selling pressure on the price.

Support & Resistance Levels

The main support level is at 72.0 SAR, while resistance is at 79.5 SAR. The stock is expected to struggle to break through the resistance level under current conditions.

Volume Analysis

Trading volume may be low, indicating a lack of activity in the market. This could reflect a lack of confidence among investors at this time.

Fundamental Factors

The stock shows a P/E ratio of 0, indicating no current earnings. Additionally, the dividend yield at 3.3% may attract some investors, but overall performance remains weak.

Risk Factors

Key risks include the continuation of the bearish trend, which could lead to further price declines. Additionally, general economic conditions in the Saudi market may negatively impact the stock's performance.

Recommendation

Disclaimer: This analysis is for educational purposes only and does not constitute investment advice. Investors are advised to closely monitor the market before making any decisions.

Analyzed: March 26, 2026, 6:26 PM Rule-based analysis

Automated analysis is based on historical data and technical indicators and may not reflect future market conditions.

Financial Fundamentals

Market Cap 6.90B
P/E Ratio N/A
P/B Ratio 1.20
EPS -0.85
Dividend Yield 3.30%
Dividend/Share 2.70
ROE 0.00%
Debt/Equity 0.53
Free Float 30.00%
Shares Outstanding 89.00M

Price Data

52-Week High 107.00
52-Week Low 72.00
3-Month High 107.00
3-Month Low 76.45
Open 79.50
Day's High 79.50
Day's Low 77.10
Previous Close 79.50

Price Chart - Arabian Drilling

2381

Technical Analysis

Current Price: 77.50 SAR
Overall Technical Signal Bearish Signal
0 Bullish 2 Neutral 7 Bearish

Moving Averages

SMA 20 84.54 SAR
Bearish
SMA 50 94.32 SAR
Bearish
SMA 200 85.95 SAR
Bearish
EMA 12 82.23 SAR
Bearish
EMA 26 86.42 SAR
Bearish
Current Price 77.50 SAR — Price above average = Bullish

Momentum Indicators

RSI 14
33.80 Neutral
Oversold (<30) Neutral Overbought (>70)
MACD Bearish
MACD -4.182
Signal -3.821
Histogram -0.361

Bollinger Bands

Within Band
Upper Band 93.11 SAR
Middle Band 84.54 SAR
Lower Band 75.98 SAR
Price position within band
Lower Band Upper Band
Average True Range (ATR) 3.39 SAR

Trend Strength (ADX)

Moderate Trend
37.2
Weak (<20) Moderate Strong (>40)
+DI (Bullish) 11.90
-DI (Bearish) 30.30
Dominant Trend: Bearish
On-Balance Volume (OBV) 8.93M shares

Financial Summary

Arabian Drilling

Valuation

Market Cap
6.90B
P/E Ratio
N/A
P/B Ratio
1.20
EPS (Earnings/Share)
-0.85

Profitability

Revenue
3.43B
Net Income
-75.25M
Return on Equity (ROE)
0.00%
Shares Outstanding
89.00M

Balance Sheet

Total Assets
N/A
Total Debt
3.04B
Debt/Equity
0.53
Free Float %
+30.0%

Dividends & Margins

Dividend Yield
+3.30%
Dividend/Share
2.70
Book Value
64.58

Financial data extracted from published quarterly reports. All values in SAR unless otherwise stated.

Historical Financial Data

4 years
Year RevenueNet IncomeTotal AssetsTotal DebtEPS
2024
3.62B +4.1%
321.36M -46.8%
10.53B -1.4%
3.02B -5.2%
3.61 -46.8%
2023
3.48B +28.6%
604.61M +8.4%
10.69B +11.9%
3.19B +16.9%
6.79 +8.3%
2022
2.70B +22.9%
557.72M +103.9%
9.55B +46.0%
2.73B +97.2%
6.27 +104.2%
2021
2.20B
273.58M
6.54B
1.38B
3.07

Historical data sourced from Yahoo Finance and may differ from official audited financial reports.

Price Forecast

Strong Sell
Strong Sell
Confidence
85%
Price Range
Resistance 79.50 +2.58%
Current Price 77.50
Short Target 75.00 -3.23%
Support 72.00 -7.10%
Short-term Target 1-3 months
75.00 -3.23%
Medium-term Target 3-6 months
N/A
Upside
Downside -7.1%

These forecasts are based on technical analysis and AI and do not constitute investment advice. Past performance does not guarantee future results.

Sector Comparison

Energy

Dividend History

Arabian Drilling
Annual Total per Share
2025
1.35
1.7%
2024
3.88
5.0%
2023
2.53
3.3%
Amount per share Yield %
Recent Payments
March 2025 1.35
August 2024 1.35
March 2024 2.53
November 2023 2.53

Dividend data from Tadawul records. All amounts in SAR. Estimated yield calculated based on year-end price.

Ownership Structure

Locked Ownership70%
Free Float30%

Data source: Yahoo FinanceLast updated: 2026-03-26

Risk Assessment

High
Low 2
Medium 2
High 0

Risk Factors

!
Moderate Volatility Medium

Average True Range 4.4% of stock price

Good Liquidity Low

Trading volume near or above average

Low Debt Low

Debt-to-equity ratio 0.53

!
Moderate Trend Medium

ADX indicator at 37

High

High volatility and financial pressures requiring careful monitoring

Confidence Level 85%
Analysis Signal Strong Sell

This assessment is automated based on quantitative data and does not constitute investment advice. Please consult a licensed financial advisor before making investment decisions.

FAQ

6 question
1 What is Arabian Drilling stock price today?

Arabian Drilling (2381) stock price today is 77.50 SAR, declining by -2.52% compared to the previous session close. The 52-week price range is between 72.00 SAR and 107.00 SAR.

2 What is Arabian Drilling stock valuation?

The automated analysis signal for Arabian Drilling is "Strong Sell" with 85% confidence. The P/B ratio is 1.20.

3 Is Arabian Drilling Shariah-compliant?

Yes, Arabian Drilling (2381) is Shariah-compliant according to the latest lists approved by relevant Shariah authorities.

4 What are Arabian Drilling dividend distributions?

Arabian Drilling has a dividend yield of 3.30%, with an estimated annual dividend of 2.70 SAR per share.

5 What is Arabian Drilling weekly performance?

Arabian Drilling performance over different time periods: weekly change -5.72%, monthly -15.58%, and year-to-date -22.46%. The stock is currently trading with a volume of 418,863 shares.

6 What is the target level for Arabian Drilling?

According to automated analysis for Arabian Drilling: Short-term target (1-2 weeks): 75.00 SAR. Support level: 72.00 SAR. Resistance level: 79.50 SAR. Note: These are automated analytical levels and do not constitute investment advice.

Disclaimer

The information provided on this page is for educational and analytical purposes only and does not constitute investment advice or a recommendation to buy or sell. Past performance does not guarantee future results. All investments involve risk including loss of capital. Please consult a licensed financial advisor before making any investment decisions.

Automated analysis relies on historical data and technical indicators and may not reflect future market conditions.