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Artex

ارتيكس
2340 Main Market Shariah Compliant Hold
10.36 SAR
0.00 (0.00%)
Market Cap 841.75M SAR
Volume 426.45K shares
P/E Ratio 39.80
Dividend Yield 0.00%
52-Week Range Consumer Durables & Apparel
9.01
14.78
Last Updated: May 11, 2026 Confidence: 65%

Technical Analysis & Signals

Hold
Confidence 65%

Artex stock (2340.SR) shows sideways movement with clear support and resistance levels in the Saudi market.

Support 10.31 SAR
Resistance 10.67 SAR
Short-term (1-2 weeks) N/A
Medium-term (1-3 months) N/A
Risk Score
5/10 Medium
Technical Analysis

The stock is currently trading at 10.36 SAR, with the RSI at 51.4 indicating a balance between buyers and sellers. The negative MACD Histogram suggests a weakness in bullish momentum.

Support & Resistance Levels

The key support level is at 10.31 SAR, while resistance is at 10.67 SAR. The stock is expected to face challenges as it approaches the resistance level.

Volume Analysis

Current trading volume shows no significant changes, reflecting hesitation among investors. This may indicate a lack of sufficient momentum to push the price to higher levels.

Fundamental Factors

The P/E ratio stands at 39.8, which may indicate a high valuation of the stock relative to its earnings. Additionally, the current dividend yield is 0%, which may affect the stock's attractiveness to investors.

Risk Factors

Potential risks include general market volatility, along with the company's financial performance. The sideways trend may lead to uncertainty in making investment decisions.

Recommendation

Disclaimer: This analysis is for educational purposes only and does not constitute investment advice. Investors are advised to monitor support and resistance levels and make informed decisions based on their own analysis.

Analyzed: May 11, 2026, 4:41 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 841.75M
P/E Ratio 39.80
P/B Ratio 0.80
EPS 0.26
Dividend Yield 0.00%
Dividend/Share 0.00
ROE 0.00%
Debt/Equity 0.21
Free Float 91.82%
Shares Outstanding 81.25M

Price Data

52-Week High 14.78
52-Week Low 9.01
3-Month High 11.00
3-Month Low 9.01
Open 10.60
Day's High 10.67
Day's Low 10.31
Previous Close 10.36

Price Chart - Artex

2340

Technical Analysis

Current Price: 10.36 SAR
Overall Technical Signal Bullish Signal
4 Bullish 2 Neutral 3 Bearish

Moving Averages

SMA 20 10.37 SAR
Bearish
SMA 50 10.18 SAR
Bullish
SMA 200 11.42 SAR
Bearish
EMA 12 10.31 SAR
Bullish
EMA 26 10.31 SAR
Bullish
Current Price 10.36 SAR — Price above average = Bullish

Momentum Indicators

RSI 14
51.40 Neutral
Oversold (<30) Neutral Overbought (>70)
MACD Bearish
MACD -0.001
Signal 0.012
Histogram -0.013

Bollinger Bands

Within Band
Upper Band 10.72 SAR
Middle Band 10.37 SAR
Lower Band 10.01 SAR
Price position within band
Lower Band Upper Band
Average True Range (ATR) 0.43 SAR

Trend Strength (ADX)

Weak Trend
15.2
Weak (<20) Moderate Strong (>40)
+DI (Bullish) 22.20
-DI (Bearish) 21.10
Dominant Trend: Bullish
On-Balance Volume (OBV) 3.96M shares

Financial Summary

Artex

Valuation

Market Cap
841.75M
P/E Ratio
39.80
P/B Ratio
0.80
EPS (Earnings/Share)
0.26

Profitability

Revenue
563.98M
Net Income
21.32M
Return on Equity (ROE)
0.00%
Shares Outstanding
81.25M

Balance Sheet

Total Assets
N/A
Total Debt
220.13M
Debt/Equity
0.21
Free Float %
+91.8%

Dividends & Margins

Dividend Yield
0.00%
Dividend/Share
0.00
Book Value
12.95

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

Historical Financial Data

5 years
Year RevenueNet IncomeTotal AssetsTotal DebtEPS
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

Hold
Hold
Confidence
65%
Price Range
Resistance 10.67 +2.99%
Current Price 10.36
Support 10.31 -0.48%
Short-term Target 1-3 months
N/A
Medium-term Target 3-6 months
N/A
Upside
Downside -0.5%

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
2.4%
2018
0.50
4.8%
2017
0.50
4.8%
2016
0.30
2.9%
2015
1.75
16.9%
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: 2026-05-11

Risk Assessment

Medium
Low 2
Medium 2
High 1

Risk Factors

!
Moderate Volatility Medium

Average True Range 4.2% of stock price

Good Liquidity Low

Trading volume near or above average

High Valuation High

P/E ratio 39.8 — above average

Low Debt Low

Debt-to-equity ratio 0.21

!
Weak Trend Medium

ADX indicator at 15 — no clear direction

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

5 question
1 What is Artex stock price today?

Artex (2340) stock price today is 10.36 SAR, unchanged by 0.00% 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/E ratio is 39.8. 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 -1.33%, monthly -0.38%, and year-to-date -2.91%. The stock is currently trading with a volume of 426,451 shares.

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.