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Saudi Cable

الكابلات السعودية
2110 Main Market Shariah Compliant Buy
157.30 SAR
+4.10 (+2.68%)
Market Cap 1.05B SAR
Volume 27.25K shares
P/E Ratio 5.10
Dividend Yield 0.00%
52-Week Range Capital Goods
119.20
175.90
Last Updated: May 11, 2026 Confidence: 75%

Technical Analysis & Signals

Buy
Confidence 75%

Saudi Cables stock shows positive signals amid the current upward trend.

Support 153.10 SAR
Resistance 159.30 SAR
Short-term (1-2 weeks) 160.00 SAR
Medium-term (1-3 months) 165.00 SAR
Risk Score
4/10 Medium
Technical Analysis

The stock is currently trading at 157.3 SAR, with an increase of 2.68%. The Relative Strength Index (RSI) is at 55.5, indicating potential positive momentum.

Support & Resistance Levels

The main support level is at 153.1 SAR, while resistance is at 159.3 SAR. It is expected that the resistance level will be tested soon if the positive momentum continues.

Volume Analysis

The current trading volume may indicate an increase in activity, reinforcing the upward trend. This momentum is likely to continue if liquidity flow persists.

Fundamental Factors

The price-to-earnings (P/E) ratio is at 5.1, indicating an attractive valuation. However, the 0% dividend yield may affect the stock's appeal to investors.

Risk Factors

The company may face market volatility or changes in economic conditions. Additionally, a decline in momentum could lead to a price correction.

Recommendation

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

Analyzed: May 11, 2026, 4:37 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 1.05B
P/E Ratio 5.10
P/B Ratio -4.90
EPS 30.61
Dividend Yield 0.00%
Dividend/Share 0.00
ROE 0.00%
Debt/Equity 0.00
Free Float 84.78%
Shares Outstanding 6.67M

Price Data

52-Week High 175.90
52-Week Low 119.20
3-Month High 175.00
3-Month Low 146.80
Open 154.00
Day's High 157.60
Day's Low 153.10
Previous Close 153.20

Price Chart - Saudi Cable

2110

Technical Analysis

Current Price: 157.30 SAR
Overall Technical Signal Bullish Signal
7 Bullish 2 Neutral 0 Bearish

Moving Averages

SMA 20 153.72 SAR
Bullish
SMA 50 156.79 SAR
Bullish
SMA 200 149.16 SAR
Bullish
EMA 12 154.04 SAR
Bullish
EMA 26 154.86 SAR
Bullish
Current Price 157.30 SAR — Price above average = Bullish

Momentum Indicators

RSI 14
55.50 Neutral
Oversold (<30) Neutral Overbought (>70)
MACD Bullish
MACD -0.819
Signal -1.370
Histogram +0.551

Bollinger Bands

Within Band
Upper Band 159.30 SAR
Middle Band 153.72 SAR
Lower Band 148.13 SAR
Price position within band
Lower Band Upper Band
Average True Range (ATR) 4.04 SAR

Trend Strength (ADX)

Weak Trend
15.0
Weak (<20) Moderate Strong (>40)
+DI (Bullish) 22.20
-DI (Bearish) 20.90
Dominant Trend: Bullish
On-Balance Volume (OBV) 2.16M shares

Financial Summary

Saudi Cable

Valuation

Market Cap
1.05B
P/E Ratio
5.10
P/B Ratio
-4.90
EPS (Earnings/Share)
30.61

Profitability

Revenue
155.95M
Net Income
204.25M
Return on Equity (ROE)
0.00%
Shares Outstanding
6.67M

Balance Sheet

Total Assets
N/A
Total Debt
215.98M
Debt/Equity
0.00
Free Float %
+84.8%

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

5 years
Year RevenueNet IncomeTotal AssetsTotal DebtEPS
2025
155.95M +253.8%
201.93M +314.1%
869.67M +17.6%
108.04M -0.9%
30.26 +314.0%
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
-580.48M
789.60M
472.87M
-86.99
2021

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

Price Forecast

Buy
Buy
Confidence
75%
Price Range
Medium Target 165.00 +4.90%
Short Target 160.00 +1.72%
Resistance 159.30 +1.27%
Current Price 157.30
Support 153.10 -2.67%
Short-term Target 1-3 months
160.00 +1.72%
Medium-term Target 3-6 months
165.00 +4.90%
Upside +4.9%
Downside -2.7%
Risk/Reward Ratio Acceptable
1.83 : 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

Capital Goods

Dividend History

Saudi Cable
Annual Total per Share
2011
7.25
4.6%
Amount per share Yield %
Recent Payments
June 2011 7.25

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

Ownership Structure

Locked Ownership15.22%
Free Float84.78%

Data source: Yahoo FinanceLast updated: 2026-05-11

Risk Assessment

Low
Low 3
Medium 2
High 0

Risk Factors

!
Moderate Volatility Medium

Average True Range 2.6% of stock price

Good Liquidity Low

Trading volume near or above average

Low Valuation Low

P/E ratio 5.1 — below average

Low Debt Low

Debt-to-equity ratio 0.00

!
Weak Trend Medium

ADX indicator at 15 — no clear direction

Low

Stable fundamentals, low volatility, and good financial solvency

Confidence Level 75%
Analysis Signal Buy

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 Saudi Cable stock price today?

Saudi Cable (2110) stock price today is 157.30 SAR, gaining by +2.68% compared to the previous session close. The 52-week price range is between 119.20 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 5.1. The P/B ratio is -4.90.

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 +2.48%, monthly -0.13%, and year-to-date +11.88%. The stock is currently trading with a volume of 27,252 shares.

6 What is the target level for Saudi Cable?

According to automated analysis for Saudi Cable: Short-term target (1-2 weeks): 160.00 SAR. Medium-term target (1-3 months): 165.00 SAR. Support level: 153.10 SAR. Resistance level: 159.30 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.