Saudi Cable
الكابلات السعوديةTechnical Analysis & Signals
Saudi Cables stock shows an upward trend with positive signals from technical indicators.
Technical Analysis
The stock is currently trading at 165.7 SAR, with the Relative Strength Index (RSI) at 61.3 indicating positive momentum. Additionally, the MACD Hist shows a positive value, reinforcing the likelihood of the upward trend continuing.
Support & Resistance Levels
The main support level is at 158.28 SAR, while resistance is at 175.9 SAR. Fluctuations around these levels are expected in the near future.
Volume Analysis
Trading volume may indicate an increase in activity, reflecting investor interest in the stock. This trend is likely to continue if positive momentum persists.
Fundamental Factors
The price-to-earnings (P/E) ratio stands at 9.7, indicating a reasonable valuation for the stock. However, the 0% dividend yield may limit its appeal to some investors.
Risk Factors
Potential risks include general market volatility and any changes in economic policies. Investors should be aware of these risks when making their decisions.
Recommendation
Disclaimer: This analysis is for educational purposes only and does not constitute investment advice. An upward trend is expected to continue, but investors should conduct further research before making any decisions.
Automated analysis is based on historical data and technical indicators and may not reflect future market conditions.
Financial Fundamentals
Price Data
Price Chart - Saudi Cable
2110Technical Analysis
Moving Averages
Momentum Indicators
Bollinger Bands
Above Upper BandTrend Strength (ADX)
Moderate TrendFinancial Summary
Valuation
- Market Cap
- 1.11B
- P/E Ratio
- 9.70
- P/B Ratio
- -3.50
- EPS (Earnings/Share)
- 17.16
Profitability
- Revenue
- 127.39M
- Net Income
- 114.47M
- Return on Equity (ROE)
- 0.00%
- Shares Outstanding
- 6.67M
Balance Sheet
- Total Assets
- N/A
- Total Debt
- 108.17M
- Debt/Equity
- 0.00
- Free Float %
- +86.7%
Dividends & Margins
- Dividend Yield
- 0.00%
- Dividend/Share
- 0.00
- Book Value
- N/A
Financial data extracted from published quarterly reports. All values in SAR unless otherwise stated.
Historical Financial Data
4 years| Year | Revenue | Net Income | Total Assets | Total Debt | EPS |
|---|---|---|---|---|---|
| 2024 | 44.08M +43.7% | 48.76M +173.9% | 739.49M +29.6% | 108.96M -1.5% | 7.31 +173.8% |
| 2023 | 30.68M -55.1% | 17.80M +103.1% | 570.39M -27.8% | 110.61M -76.6% | 2.67 +103.1% |
| 2022 | 68.37M -57.4% | -580.48M -198.7% | 789.60M -26.2% | 472.87M +0.4% | -86.99 -198.7% |
| 2021 | 160.55M | -194.31M | 1.07B | 470.81M | -29.12 |
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
Saudi Cable repays first tranche of Al-Rajhi loan worth SAR 44.08M
Saudi Cable revises rights issue price to SAR 32/shr
Saudi Cable redeems SAR 44M compensation for expropriated land in Jeddah
Riyad Capital issues Q2 2024 earnings forecasts
Value Capital issues Q2 earnings estimates
Riyad Capital issues Q1 2024 earnings forecasts
Ranked: Tadawul's 50 most profitable companies in Q1 2025
Key events likely to impact Saudi-listed firms’ Q4 2024 results
News source: Argaam (argaam.com)
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: 2026-03-26
Risk Assessment
Risk Factors
Average True Range 4.2% of stock price
Trading volume near or above average
P/E ratio 9.7 — below average
Debt-to-equity ratio 0.00
ADX indicator at 22
Stable fundamentals, low volatility, and good financial solvency
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 Saudi Cable stock price today?
Saudi Cable (2110) stock price today is 165.70 SAR, gaining by +0.73% compared to the previous session close. The 52-week price range is between 107.60 SAR and 175.90 SAR.
2 What is Saudi Cable stock valuation?
The automated analysis signal for Saudi Cable is "Buy" with 75% confidence. The P/E ratio is 9.7. The P/B ratio is -3.50.
3 Is Saudi Cable Shariah-compliant?
Yes, Saudi Cable (2110) is Shariah-compliant according to the latest lists approved by relevant Shariah authorities.
4 What are Saudi Cable dividend distributions?
No dividend payment data is currently available for Saudi Cable. The company may not distribute dividends or the data has not been updated yet.
5 What is Saudi Cable weekly performance?
Saudi Cable performance over different time periods: weekly change +6.35%, monthly +1.04%, and year-to-date +17.85%. The stock is currently trading with a volume of 21,543 shares.
6 What is the target level for Saudi Cable?
According to automated analysis for Saudi Cable: Short-term target (1-2 weeks): 170.00 SAR. Medium-term target (1-3 months): 180.00 SAR. Support level: 158.28 SAR. Resistance level: 175.90 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.