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Northern Cement

أسمنت الشمالية
3004 Main Market Shariah Compliant Hold
6.87 SAR
-0.03 (-0.43%)
Market Cap 1.24B SAR
Volume 176.08K shares
P/E Ratio 22.20
Dividend Yield 7.25%
52-Week Range Materials
6.56
8.92
Last Updated: March 26, 2026 Confidence: 65%

Technical Analysis & Signals

Hold
Confidence 65%

Northern Cement stock is trading in a sideways range with mixed signals.

Support 6.66 SAR
Resistance 7.10 SAR
Short-term (1-2 weeks) 7.00 SAR
Medium-term (1-3 months) N/A
Risk Score
5/10 Medium
Technical Analysis

The stock shows sideways movement with the RSI at 47.5, indicating a lack of strong trend. The price may continue to move within the Bollinger range between 6.66 and 7.1 SAR.

Support & Resistance Levels

The main support level is at 6.66 SAR, while resistance is at 7.1 SAR. A breakout of either level could signal a new trend.

Volume Analysis

Current trading volume does not show a significant increase, which may indicate a lack of momentum. An increase in volume may be needed to confirm any future trend.

Fundamental Factors

The P/E ratio stands at 22.2, indicating a relatively high valuation. The dividend yield of 7.25% may attract some investors in the current market environment.

Risk Factors

Potential risks include general market volatility and the impact of raw material prices. Any changes in economic policies may affect the stock's performance.

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 the overall market trend.

Analyzed: March 26, 2026, 6:21 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 1.24B
P/E Ratio 22.20
P/B Ratio 0.60
EPS 0.31
Dividend Yield 7.25%
Dividend/Share 0.50
ROE 0.00%
Debt/Equity 0.47
Free Float 91.45%
Shares Outstanding 180.00M

Price Data

52-Week High 8.92
52-Week Low 6.56
3-Month High 7.33
3-Month Low 6.56
Open 6.98
Day's High 6.98
Day's Low 6.80
Previous Close 6.90

Price Chart - Northern Cement

3004

Technical Analysis

Current Price: 6.87 SAR
Overall Technical Signal Bearish Signal
1 Bullish 2 Neutral 6 Bearish

Moving Averages

SMA 20 6.88 SAR
Bearish
SMA 50 6.98 SAR
Bearish
SMA 200 7.43 SAR
Bearish
EMA 12 6.89 SAR
Bearish
EMA 26 6.91 SAR
Bearish
Current Price 6.87 SAR — Price above average = Bullish

Momentum Indicators

RSI 14
47.50 Neutral
Oversold (<30) Neutral Overbought (>70)
MACD Bullish
MACD -0.022
Signal -0.030
Histogram +0.009

Bollinger Bands

Within Band
Upper Band 7.10 SAR
Middle Band 6.88 SAR
Lower Band 6.66 SAR
Price position within band
Lower Band Upper Band
Average True Range (ATR) 0.21 SAR

Trend Strength (ADX)

Moderate Trend
24.4
Weak (<20) Moderate Strong (>40)
+DI (Bullish) 16.60
-DI (Bearish) 26.40
Dominant Trend: Bearish
On-Balance Volume (OBV) 1.15M shares

Financial Summary

Northern Cement

Valuation

Market Cap
1.24B
P/E Ratio
22.20
P/B Ratio
0.60
EPS (Earnings/Share)
0.31

Profitability

Revenue
683.52M
Net Income
56.06M
Return on Equity (ROE)
0.00%
Shares Outstanding
180.00M

Balance Sheet

Total Assets
N/A
Total Debt
1.07B
Debt/Equity
0.47
Free Float %
+91.5%

Dividends & Margins

Dividend Yield
+7.25%
Dividend/Share
0.50
Book Value
11.45

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
622.52M -9.7%
100.80M +79.2%
3.56B +1.3%
978.67M +2.3%
0.56 +80.6%
2023
689.55M +11.6%
56.26M -49.8%
3.52B +3.2%
956.59M +8.8%
0.31 -50.0%
2022
617.96M +10.0%
112.02M +5.6%
3.41B +4.5%
879.49M +6.8%
0.62 +5.1%
2021
561.91M
106.06M
3.26B
823.83M
0.59

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

Price Forecast

Hold
Hold
Confidence
65%
Price Range
Resistance 7.10 +3.35%
Short Target 7.00 +1.89%
Current Price 6.87
Support 6.66 -3.06%
Short-term Target 1-3 months
7.00 +1.89%
Medium-term Target 3-6 months
N/A
Upside
Downside -3.1%

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

Sector Comparison

Materials

Dividend History

Northern Cement
Annual Total per Share
2025
0.25
3.6%
2024
0.50
7.3%
2023
0.25
3.6%
2022
0.50
7.3%
2021
0.50
7.3%
Amount per share Yield %
Recent Payments
October 2025 0.25
December 2024 0.25
April 2024 0.25
June 2023 0.25
October 2022 0.25
April 2022 0.25
August 2021 0.25
March 2021 0.25
September 2020 0.25
August 2016 0.45

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

Ownership Structure

Locked Ownership8.55%
Free Float91.45%

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

Risk Assessment

Medium
Low 2
Medium 3
High 0

Risk Factors

!
Moderate Volatility Medium

Average True Range 3.1% of stock price

Good Liquidity Low

Trading volume near or above average

!
Fair Valuation Medium

P/E ratio 22.2

Low Debt Low

Debt-to-equity ratio 0.47

!
Moderate Trend Medium

ADX indicator at 24

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 Northern Cement stock price today?

Northern Cement (3004) stock price today is 6.87 SAR, declining by -0.43% compared to the previous session close. The 52-week price range is between 6.56 SAR and 8.92 SAR.

2 What is Northern Cement stock valuation?

The automated analysis signal for Northern Cement is "Hold" with 65% confidence. The P/E ratio is 22.2. The P/B ratio is 0.60.

3 Is Northern Cement Shariah-compliant?

Yes, Northern Cement (3004) is Shariah-compliant according to the latest lists approved by relevant Shariah authorities.

4 What are Northern Cement dividend distributions?

Northern Cement has a dividend yield of 7.25%, with an estimated annual dividend of 0.50 SAR per share.

5 What is Northern Cement weekly performance?

Northern Cement performance over different time periods: weekly change -1.86%, monthly -0.87%, and year-to-date -4.72%. The stock is currently trading with a volume of 176,080 shares.

6 What is the target level for Northern Cement?

According to automated analysis for Northern Cement: Short-term target (1-2 weeks): 7.00 SAR. Support level: 6.66 SAR. Resistance level: 7.10 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.