Artex
ارتيكسTechnical Analysis & Signals
ArtiX stock (2340.SR) is experiencing a downward trend with negative signals in technical analysis.
Technical Analysis
Technical analysis indicates that ArtiX stock is currently trading at 11.59 SAR, with the Relative Strength Index (RSI) at 39.9 indicating an oversold condition. The MACD also shows a decline, reinforcing the likelihood of a continued downward trend.
Support & Resistance Levels
The key support level is at 11.54 SAR, while resistance is at 12.21 SAR. A break below the support level could signal negative momentum, potentially leading to further price declines.
Volume Analysis
Volume data was not provided, but it is expected that trading volume will affect the stock's direction in the future. An increase in volume alongside a downward trend may indicate heightened selling pressure.
Fundamental Factors
Fundamental factors show that the price-to-earnings (P/E) ratio is at 38.6, indicating a potentially high valuation for the stock. Additionally, a 0% dividend yield may affect the stock's attractiveness to investors.
Risk Factors
Potential risks include the continuation of the downward trend, which may lead to further losses. Additionally, fluctuations in the Saudi market and the TASI index could impact the stock's overall performance.
Recommendation
Disclaimer: This analysis is for educational purposes only and does not constitute investment advice. Investors are advised to monitor support and resistance levels closely before making any investment decisions.
Financial Fundamentals
Price Data
Price Chart - Artex
2340Technical Analysis
Moving Averages
Momentum Indicators
Bollinger Bands
Within BandTrend Strength (ADX)
Moderate TrendFinancial Summary
Valuation
- Market Cap
- 941.69M
- P/E Ratio
- 38.60
- P/B Ratio
- 0.90
- EPS (Earnings/Share)
- 0.30
Profitability
- Revenue
- 543.07M
- Net Income
- 23.84M
- Return on Equity (ROE)
- +2.30%
- Shares Outstanding
- 81.25M
Balance Sheet
- Total Assets
- 1.51B
- Total Debt
- 227.80M
- Debt/Equity
- 0.21
- Free Float %
- +91.8%
Dividends & Margins
- Dividend Yield
- 0.00%
- Dividend/Share
- 0.00
- Book Value
- 12.88
Financial data extracted from published quarterly reports. All values in SAR unless otherwise stated.
Historical Financial Data
5 years| Year | Revenue | Net Income | Total Assets | Total Debt | EPS |
|---|---|---|---|---|---|
| 2025 | 563.98M +0.3% | 21.32M +116.5% | 1.51B +2.3% | 220.13M -12.4% | 0.26 +116.4% |
| 2024 | 562.17M +7.6% | -129.12M -72.6% | 1.47B -5.1% | 251.28M -1.3% | -1.59 -72.8% |
| 2023 | 522.61M -19.3% | -74.79M -29.2% | 1.55B -3.5% | 254.65M +6.4% | -0.92 -29.6% |
| 2022 | 647.50M | -57.87M | 1.61B | 239.44M | -0.71 |
| 2021 | — | — | — | — | — |
Historical data sourced from Yahoo Finance and may differ from official audited financial reports.
Price Forecast
These forecasts are based on technical analysis and AI and do not constitute investment advice. Past performance does not guarantee future results.
News & Events
No news currently available for Artex
Dividend History
Dividend data from Tadawul records. All amounts in SAR. Estimated yield calculated based on year-end price.
Ownership Structure
Data source: Yahoo FinanceLast updated: 2026-08-12
Risk Assessment
Risk Factors
Average True Range 4.5% of stock price
Trading volume below 30% of average
P/E ratio 38.6 — above average
Debt-to-equity ratio 0.21
ADX indicator at 29
High volatility and financial pressures requiring careful monitoring
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
1 What is Artex stock price today?
Artex (2340) stock price today is 11.59 SAR, declining by -0.52% 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 "Sell" with 65% confidence. The P/E ratio is 38.6. The P/B ratio is 0.90.
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 -8.45%, monthly -5.46%, and year-to-date +8.62%. The stock is currently trading with a volume of 82,447 shares.
6 What is the target level for Artex?
According to automated analysis for Artex: Short-term target (1-2 weeks): 11.30 SAR. Support level: 11.54 SAR. Resistance level: 12.21 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.