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- 🇸🇦 Saudi Stock Market
- 🇺🇸 USA Stock Market
Abdullah Saad Mohammed Abo Moati for Bookstores Company specializes in both retail and wholesale trading of a wide array of products, including stationery, computers, and various accessories throughout the Kingdom of Saudi Arabia. The company offers an extensive selection of items such as printed materials, office and school supplies, educational tools, gifts, wrapping products, paper goods, children’s toys, cosmetics, and personal care soaps. Additionally, it provides books, magazines, newspapers, and computer-related products.
The retail segment also includes mobile phone accessories, household appliances, handicrafts, cutting tools, ceramics, glassware, and pottery. Clothing accessories like gloves, ties, bras, suspenders, prayer beads, and umbrellas are part of the inventory, along with medical devices, equipment, games, antiques, pharmaceutical products, and ready-made clothing for both men and women.
On the wholesale side, the company deals in textiles, fabrics, plastic materials, rubber, industrial fibers, luxury items, art supplies, paper rolls, and teaching aids. Furthermore, it sells printers and inks and operates bookstores, general stores, and various retail outlets. The company also invests in, constructs, manages, sells, and leases both residential and commercial properties. Established in 1994, Abdullah Saad Mohammed Abo Moati for Bookstores Company is based in Riyadh, Saudi Arabia.
Abo Moati —  TASI —
Current RSI of this stock is 73.67, which indicates the strength of buyers.
The short length exponential moving average (10 EMA) has crossed the long length Exponential moving average (20 EMA) from the below, generates bullish signal. Last day’s candle has closed above all these moving averages. This suggests buyers are taking interest in this stock.
Increasing ADX value above 20, indicated the strength of the trend, thereby uptrending ADX confirms the bullish or bearish supportive decisions. Along with the rising ADX, and the +DI is above (or crossing) -DI, indicates the long trades should be favoured.
Based on our Trading Advice for Saudi Arabia Stock Market Tadawul, Abdullah Saad Mohammed Abo Moati for Bookstores stock price target will be SAR 44.5 - SAR 45 in the next 14-15 trading sessions.
Arijit Banerjee CMT CFTe is a seasoned expert in the financial industry, boasting decades of experience in trading, investment, and wealth management. As the founder and chief strategist of Naranj Capital, he’s built a reputation for providing insightful research analysis to guide investment decisions.
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