Emirates Reem Investments Company PJSC Stock Analysis: Price Rally and Technical Indicators
By KlickAnalytics Data Insights | October 2, 2024 07:47AM ET
Pricing
Emirates Reem Investments Company PJSC stock has seen a current price of 2.5, with a 1-day change of 0.07, resulting in a 1-day return of 2.88%. The volume traded was 288,000 shares, with a 1-week return of 1.214575% and a 1-month return of -1.574803%. The 3-months return stands at -3.846154% and the 1-year return at -36.386768%.
The stock is currently trading upward for the last 1 day, with a close price to open price showing a bullish sentiment of 4.17%. The close price to high price indicates a neutral sentiment, while the close price to low price shows a bullish sentiment of 5.04%. Additionally, the close price to the previous day open suggests a bullish sentiment of 5.93%.
The 1 Month high price of 2.54 was recorded 30 days ago, while the 1 Month low price of 2.36 occurred 5 days ago. The current price is -1.57% below the 1 month high price and 5.93% above the 1 month low price. The 52-week high price was 3.97, recorded 366 days ago, and the 52-week low price was 2.3, recorded 121 days ago. The current price is -37.03% below the 52-week high price and 8.70% above the 52-week low price.
In terms of historical returns, the stock has shown a 1-day return of 2.88%, 1-week return of 1.21%, 1-month return of -1.57%, 3-months return of -3.85%, 6-months return of -11.66%, year-to-date return of -17.49%, and a 1-year return of -36.39%. The historical relative volume has been 2.30x for 1-Week, 4.10x for 1-Month, 4.59x for 3-Months, 3.12x for 6-Months, 2.48x year-to-date, and 2.59x for 1-Year.
The 1-Month high volume of 288,000 was recorded 1 day ago, while the 1-Month low volume of 305 occurred 6 days ago. The current volume is at the same level as the 1-Month high volume but significantly higher by 94326.23% compared to the 1-Month low volume.
Fundamentals - TTM
The market cap of Emirates Reem Investments Company PJSC is 802,876,210. The company has a net income per share of 0.00 and a price/earning ratio of 561.20. The working capital is 291,756,237, total assets amount to 361,083,561, and total liabilities stand at 31,087,904. The total revenue is 77,495,219% and EBIT is 6,577,090%. The Altman Z-Score is calculated at 16.52.
Technical Indicators
On the technical side, the stock indicators show that the SMA10 is not greater than the SMA20, indicating no spurt up. The short term, medium term, and long term indicators also do not show an upward trend. The 5-days, 10-days, and 20-days Simple Moving Averages signal a buy, whereas the 50-days, 100-days, and 200-days show a sell signal. The close price is above SMA5, SMA10, SMA20, but below SMA50, SMA100, and SMA200.