- NaranJ2024
Eastern Province Cement Company manufactures and distributes clinker and cement both domestically in Saudi Arabia and internationally. The company is divided into two segments: Cement and Precast. The Cement segment focuses on producing and wholesaling ordinary, salt-resistant, and clinker cement. The Precast segment offers partitions, frames, and prefabricated structures made from concrete. Additionally, it operates quarries and mines gypsum and anhydrite, along with wholesaling cement and gypsum. Established in 1982, the company is based in Dammam, Saudi Arabia.
EPCCO —  TASI —
Current RSI of this stock is 68.90, which indicates the strength of buyers.
MACD line has crossed the signal line from the below, generates bullish signal.
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 short term trading tips for Saudi Tadawul, Eastern Province Cement Co. stock price target will be SAR 38 - SAR 38.3 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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