Saudi Arabian stock alert

SAARAB

CLOSING UPDATE: Saudi Research & Marketing decreases further 0.5%, led Media and Publishing index lower 20 June 2018 16:48 AST

NEWS BITES - MIDDLE EAST & NORTH AFRICA

This is an end of day Alert, produced after today's Saudi Arabian market close. It concludes the BSS News Bites intra-day Alert series (summaries below).

Saudi Research & Marketing, Saudi Arabia's largest media and publishing company by market capitalisation, has dropped 2.0% to trade at SAR87.10 vs. the Media and Publishing index which weakened 53.0 points (or 0.5%) to 10,752.8. Representing a weighting of about 82.3% of the index, the stock accounted for the loss. The shares have underperformed 86% of the market in the past week. Trading volume was 16% of average at the end of the day. Compared with the All Share Index (TASI) which fell 104.2 points (or 1.3%) in the day, this represented a relative price change of -0.8%.

Technical indicators complementing today's significant downtrend:

+ The negative 4.79 MACD (Moving Average Convergence Divergence) indicator suggests a bearish signal.

+ The price dropped 2.9% in the last week and plummeted 10.3% in the last month.

Fundamental measures by comparison with the sector average [in brackets] indicate:

Overvaluation:

+ Price to Book of 7.4 [4.3]

Other Bearish Signals include:

+ Tobin's Q Ratio is 2.2. Compared with the rest of the market the stock is overvalued and ranks in the bottom 7% of stocks by value of Q Ratio.

Note

Saudi Research & Marketing today is at a discount of 31.3% to the 12-month high of SAR126.80 on 26 Apr, 2018. It is at a premium of 206.2% to the 12-month low of SAR28.45 on 18 Jun, 2017.

Bullish Signals:

In the last three months the stock has hit a new 52-week high six times, pointing to an uptrend.

The present value of SAR1,000 invested one year ago is SAR3,040 [vs SAR1,175 for the All Share Index (TASI)].

As per the Du Pont analysis, Return on Equity is less than stellar at 4.9%.

Fundamental measures by comparison with the sector average [in brackets] indicate:

Undervaluation:

Return on Capital Employed 3.1% [2.5%]

TODAY'S ALERTS

Afternoon Alert: Saudi Research & Marketing decreases 1.6%, leads Media and Publishing index lower

20 June 2018 14:38 AST

Saudi Research and Marketing Group (TASI:4210) has decreased 1.6% to trade at SAR87.50 vs. the Media and Publishing index which weakened 54.4 points (or 0.5%) to 10,751.4. Representing a weighting of about 82.3% of the index, the stock accounted for the loss. The shares have underperformed 90% of the market in the past month.

Morning Alert: Saudi Research & Marketing increases 1.1%, leads Media and Publishing index higher

20 June 2018 11:26 AST

Saudi Research and Marketing Group (TASI:4210) has increased 1.1% to trade at SAR89.90 vs. the Media and Publishing index which strengthened 245.9 points (or 2.3%) to 11,051.6. Representing a weighting of about 82.6% of the index, the stock accounted for 40.7% of today's gain.

Saudi Research and Marketing Group (SA:4210; SAU:4210; AB:4210)

ISIN: SA000A0JK5M3

PermID: 4295887353

Source: www.BuySellSignals.com