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Artex

ارتيكس
2340 Main Market Shariah Compliant Hold
10.02 SAR
+0.16 (+1.62%)
Market Cap 814.13M SAR
Volume 85.73K shares
P/E Ratio N/A
Dividend Yield 0.00%
52-Week Range Consumer Durables & Apparel
9.01
14.78
Last Updated: March 26, 2026 Confidence: 65%

Technical Analysis & Signals

Hold
Confidence 65%

Artex stock (2340.SR) is trading in a sideways range with mixed signals.

Support 9.84 SAR
Resistance 10.14 SAR
Short-term (1-2 weeks) 10.50 SAR
Medium-term (1-3 months) N/A
Risk Score
5/10 Medium
Technical Analysis

The stock is currently trading at 10.02 SAR, with a positive change of 1.62%. The Relative Strength Index (RSI) is at 50.9, indicating a balance between buyers and sellers.

Support & Resistance Levels

The key support level is at 9.84 SAR, while resistance is at 10.14 SAR. The stock may likely move towards one of these levels in the near term.

Volume Analysis

No trading volume data has been provided, making it difficult to assess the strength of the current movement. It may be useful to monitor trading volume in the coming days for better trend understanding.

Fundamental Factors

The stock shows no Price-to-Earnings (P/E) ratio or dividend yield, which may indicate a lack of current profits. These factors are likely to affect the stock's attractiveness to investors.

Risk Factors

The Saudi market is experiencing volatility, which may impact the stock's performance. Additionally, the sideways trend may indicate uncertainty in the market.

Recommendation

Disclaimer: This analysis is for educational purposes only and does not constitute investment advice. It is advisable to monitor support and resistance levels and market trends before making any investment decisions.

Analyzed: March 26, 2026, 6:22 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 814.13M
P/E Ratio N/A
P/B Ratio 0.80
EPS -2.01
Dividend Yield 0.00%
Dividend/Share 0.00
ROE -10.00%
Debt/Equity 0.24
Free Float 91.82%
Shares Outstanding 81.25M

Price Data

52-Week High 14.78
52-Week Low 9.01
3-Month High 11.51
3-Month Low 9.01
Open 9.63
Day's High 10.14
Day's Low 9.63
Previous Close 9.86

Price Chart - Artex

2340

Technical Analysis

Current Price: 10.02 SAR
Overall Technical Signal Bullish Signal
4 Bullish 2 Neutral 3 Bearish

Moving Averages

SMA 20 9.84 SAR
Bullish
SMA 50 10.33 SAR
Bearish
SMA 200 11.82 SAR
Bearish
EMA 12 9.84 SAR
Bullish
EMA 26 9.98 SAR
Bullish
Current Price 10.02 SAR — Price above average = Bullish

Momentum Indicators

RSI 14
50.90 Neutral
Oversold (<30) Neutral Overbought (>70)
MACD Bullish
MACD -0.139
Signal -0.184
Histogram +0.045

Bollinger Bands

Within Band
Upper Band 10.20 SAR
Middle Band 9.84 SAR
Lower Band 9.49 SAR
Price position within band
Lower Band Upper Band
Average True Range (ATR) 0.64 SAR

Trend Strength (ADX)

Moderate Trend
33.2
Weak (<20) Moderate Strong (>40)
+DI (Bullish) 16.60
-DI (Bearish) 19.80
Dominant Trend: Bearish
On-Balance Volume (OBV) 3.15M shares

Financial Summary

Artex

Valuation

Market Cap
814.13M
P/E Ratio
N/A
P/B Ratio
0.80
EPS (Earnings/Share)
-2.01

Profitability

Revenue
579.41M
Net Income
-162.67M
Return on Equity (ROE)
-10.00%
Shares Outstanding
81.25M

Balance Sheet

Total Assets
N/A
Total Debt
248.71M
Debt/Equity
0.24
Free Float %
+91.8%

Dividends & Margins

Dividend Yield
0.00%
Dividend/Share
0.00
Book Value
12.53

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
562.17M +7.6%
-144.45M -93.1%
1.48B -5.5%
251.28M -1.3%
-1.78 -93.5%
2023
522.61M -19.3%
-74.79M -29.2%
1.56B -2.9%
254.65M +6.4%
-0.92 -29.6%
2022
647.50M +0.9%
-57.87M -21.2%
1.61B +18.9%
239.44M +40.1%
-0.71 -20.3%
2021
641.52M
-47.75M
1.35B
170.91M
-0.59

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

Price Forecast

Hold
Hold
Confidence
65%
Price Range
Short Target 10.50 +4.79%
Resistance 10.14 +1.20%
Current Price 10.02
Support 9.84 -1.80%
Short-term Target 1-3 months
10.50 +4.79%
Medium-term Target 3-6 months
N/A
Upside
Downside -1.8%

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

Sector Comparison

Consumer Durables & Apparel

Dividend History

Artex
Annual Total per Share
2019
0.25
2.5%
2018
0.50
5.0%
2017
0.50
5.0%
2016
0.30
3.0%
2015
1.75
17.5%
Amount per share Yield %
Recent Payments
March 2019 0.25
May 2018 0.50
April 2017 0.50
April 2016 0.30
December 2015 1.25
April 2015 0.50
December 2014 1.50
April 2014 1.00
November 2013 2.00
April 2013 1.25

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

Ownership Structure

Locked Ownership8.18%
Free Float91.82%

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

Risk Assessment

Medium
Low 2
Medium 1
High 1

Risk Factors

High Volatility High

Average True Range 6.4% of stock price

Good Liquidity Low

Trading volume near or above average

Low Debt Low

Debt-to-equity ratio 0.24

!
Moderate Trend Medium

ADX indicator at 33

Medium

Moderate risk factors with some sector pressures

Confidence Level 65%
Analysis Signal Hold

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 Artex stock price today?

Artex (2340) stock price today is 10.02 SAR, gaining by +1.62% compared to the previous session close. The 52-week price range is between 9.01 SAR and 14.78 SAR.

2 What is Artex stock valuation?

The automated analysis signal for Artex is "Hold" with 65% confidence. The P/B ratio is 0.80.

3 Is Artex Shariah-compliant?

Yes, Artex (2340) is Shariah-compliant according to the latest lists approved by relevant Shariah authorities.

4 What are Artex dividend distributions?

No dividend payment data is currently available for Artex. The company may not distribute dividends or the data has not been updated yet.

5 What is Artex weekly performance?

Artex performance over different time periods: weekly change +3.62%, monthly -3.28%, and year-to-date -6.09%. The stock is currently trading with a volume of 85,729 shares.

6 What is the target level for Artex?

According to automated analysis for Artex: Short-term target (1-2 weeks): 10.50 SAR. Support level: 9.84 SAR. Resistance level: 10.14 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.