Data News > Dubai Islamic Insurance and Reinsurance Co. Shows Resilience in Stock Market Amidst Volatility

Dubai Islamic Insurance and Reinsurance Co. Shows Resilience in Stock Market Amidst Volatility

By KlickAnalytics Data Insights  |   August 2, 2024 07:47AM ET

Pricing

An analysis on Dubai Islamic Insurance and Reinsurance Co. reveals that the current price stands at 0.38 with a 1-day change of 0.01, resulting in a 1-day return of 3.0%. The trading volume for the stock is 63,584 shares. Over the span of 1 week, the stock has shown a return of 2.70%, while for 1 month, the return remains the same at 2.70%. However, over the course of 3 months, the stock's return has been negative at -5.0%. The 1-year return stands at -44.12%.

The stock price rally indicates an upward trend over the last 1 day. The close price to open price comparison shows a neutral sentiment, while the close price to low price comparison reflects a bullish sentiment at 5.56%. Additionally, the stock hit a 1-month high price of 0.4 on 2024-07-01, which was 32 days ago, and a 1-month low price of 0.34 on 2024-07-05, 28 days ago. The current price is -5.00% lower than the 1-month high and 11.76% higher than the 1-month low.

Looking at the 52-week performance, the stock reached a high price of 0.72 on 2023-08-03, 365 days ago, and a low price of 0.32 on 2024-06-06, 57 days ago. The current price is -47.22% lower than the 52-week high and 18.75% higher than the 52-week low. The historical returns for the stock are as follows: 1-Day 3.00%, 1-Week 2.70%, 1-Month 2.70%, 3-Months -5.00%, 6-Months -17.39%, Year-to-date -20.83%, 1-Year -44.12%.

Furthermore, the historical relative volume for different time frames are: 1-Week 0.32x, 1-Month 0.19x, 3-Months 0.13x, 6-Months 0.14x, Year-to-date 0.13x, 1-Year 0.11x. The recent 1-month volume peaked at 1,796,643 shares on 2024-07-03 and hit a low of 38,850 shares on 2024-07-16. The current volume is significantly lower than the 1-month high, down by -96.46%, but higher than the 1-month low by 63.67%.

Technical Indicators

Examining the technical indicators, the stock is currently not showing positive trends in various moving averages. The 5-days Simple Moving Average (SMA) indicates a BUY signal, along with the 10-days SMA, 20-days SMA, and 50-days SMA. However, the 100-days SMA and 200-days SMA are signaling a SELL. The comparison of close price to different SMAs reveal varying percentages, with the closest being 1.60% to SMA5 and the furthest at -13.06% to SMA200.



For more information:
  • Earning Price Impact
  • Earning Estimates
  • Earning Call Transcript
  • Disclaimer: the above is a summary showing certain market information. KlickAnalytics is not responsible for any data errors, omissions or other information that may be displayed incorrectly as the data is derived from various resources and more. Communications displaying market prices, data and other information available in this post are meant for purely for informational purposes only and are not intended as an offer or solicitation for the purchase or sale of any security. Please do your own research when investing. All investments involve risk and the past performance of a security, or financial product does not guarantee future results or returns. Keep in mind that while diversification may help spread risk, it does not assure a profit, or protect against loss in a down market.