Pricing

Middle East Specialized Cables Co. (2370.SR) close price is trading at 31.85 with volume of 346,953 and a one day change of -1.0 (-3.04%).

Price Rally: The stock is trading downward for the last 3 days.

Close price to open price was -3.48%, showing a bearish sentiment

Close price to high price was -4.21%, showing a bearish sentiment

Close price to low price was 0.63%, showing a bullish sentiment

Close price to previous day open was -4.35%, showing a bearish sentiment

1 Month high price was 35.45 which occured on 2024-05-06 (10 days ago)

1 Month low price was 26.5 which occured on 2024-04-14 (32 days ago)

Current price vs 1 month high price is -10.16%.

Current price vs 1 month low price is 20.19%.

52-week high price was 35.45 which occured on 2024-05-06 (10 days ago)

52-week low price was 14.1 which occured on 2023-05-14 (368 days ago)

Current price vs 52-week high price is -10.16%.

Current price vs 52-week low price is 125.89%.

Historical Returns (%): 1-Day -3.04%, 1-Week -6.32%, 1-Month 10.40%, 3-Months 49.67%, 6-Months 75.00%, Year-to-date 41.68%, 1-Year 120.87%

Historical Relative Volume: 1-Week 0.79x, 1-Month 0.34x, 3-Months 0.32x, 6-Months 0.38x, Year-to-date 0.38x, 1-Year 0.44x

1-Month high volume was 2,568,649 which occured on 2024-04-30 (16 days ago)

1-Month low volume was 305,878 which occured on 2024-05-08 (8 days ago)

Current volume vs 1-Month high volume is -86.49%.

Current volume vs 1-Month low volume is 13.43%.

Fundamentals - TTM

MarketCap : 1,226,000,000

Net income per share : 1.22

Price/Earning Ratio : 25.05

Working Capital : 277,911,969

Total Assets : 771,130,260

Total Liabilities : 393,495,121

Total Revenue : 926,882,487%

EBIT : 78,351,631%

Altman Z-Score : 3.82

Technical Indicators

Spurt UP : SMA10 > SMA20 : Yes

Short term UP : SMA10 > SMA20 > SMA50 : Yes

Medium term UP : SMA10 > SMA20 > SMA50 > SMA100 : Yes

Long term UP : SMA10 > SMA20 > SMA50 > SMA100 > SMA200: Yes

UP coming : SMA10 > SMA50 > SMA20 : No

5-days Simple Moving Average (33.24) signal is SELL

10-days Simple Moving Average (33.81) signal is SELL

20-days Simple Moving Average (32.64) signal is SELL

50-days Simple Moving Average (29.41) signal is BUY

100-days Simple Moving Average (25.54) signal is BUY

200-days Simple Moving Average (21.55) signal is BUY

Close price vs SMA5 is -4.18%

Close price vs SMA10 is -5.80%

Close price vs SMA20 is -2.41%

Close price vs SMA50 is 8.31%

Close price vs SMA100 is 24.72%

Close price vs SMA200 is 47.76%

About

Middle East Specialized Cables Company, together with its subsidiaries, manufactures and sells fiber optic cables, steel insulated wires and cables, copper insulated wires and cables, and aluminum insulated wires and cables primarily in the Kingdom of Saudi Arabia and the United Arab Emirates. The company offers instrumentation and process cables for use in oil, gas and petrochemical, automation and process control, and marine and offshore industries; building wires that are used in new constructions; lighting and power purposes in industrial, commercial, and residential buildings; and control circuits, machine tools, and appliances; power and control cables that are primarily used in the construction and industrial applications; and data and communication cables, such as co-axial, LAN, computer, telephone, and system cables. It also manufactures PVC compounds for wire and cable insulation and sheathing applications; and flexible cables used in various applications, including machine tool manufacture, power stations, heating and air conditioning installations, etc. In addition, the company produces and sells fire cables used as a fixed wiring within buildings for fire alarms systems; irrigation cables used in commercial sprinkler and irrigation systems, golf courses, public parks, plantations, and commercial produce farms; and bare copper used in earthling electrical systems and overhead electrical transmission and distribution system. The company was incorporated in 1992 and is headquartered in Riyadh, the Kingdom of Saudi Arabia.