The most 'overvalued' stocks in Saudi Arabia

Stocks that have significantly increased in value due to a large volume of demand are called overbought. This is often the case when there are many more buyers than sellers, whose actions to gain exposure to the asset — come what may — push the price up so high that it can no longer be justified by the company's underlying financials. Another common scenario that causes stocks to become overbought is when a business buys back its own stocks. Just be careful when buying overvalued stocks, as there could be a retracement.

Ticker
Price
Chg %1D
Chg1D
Technical Rating1D
Vol1D
Volume*price1D
Mkt cap
P/E
EPS (TTM)
Employees
Sector
1211SAUDI ARABIAN MINING CO.
70.60SAR9.97%6.40SAR
Strong Buy
9.699M684.74M173.759BSAR23.802.70SARNon-Energy Minerals
1213NASEEJ INTERNATIONAL TRADING CO.
46.60SAR−2.41%−1.15SAR
Neutral
1.199M55.867M507.814MSAR−15.71SARConsumer Durables
1214AL HASSAN GHAZI IBRAHIM SHAKER CO.
22.04SAR−1.52%−0.34SAR
Neutral
1.152M25.388M1.063BSAR0.74SARDistribution Services
1302BAWAN CO.
36.55SAR1.11%0.40SAR
Strong Buy
496.72K18.155M2.193BSAR3.01SARNon-Energy Minerals
2200ARABIAN PIPES CO.
40.95SAR−0.85%−0.35SAR
Neutral
190.003K7.781M409.5MSAR−7.43SARNon-Energy Minerals
2210NAMA CHEMICALS CO.
46.20SAR1.54%0.70SAR
Buy
400.826K18.518M1.079BSAR15.762.89SARProcess Industries
2240ZAMIL INDUSTRIAL INVESTMENT CO.
22.68SAR−0.70%−0.16SAR
Buy
1.588M36.023M1.361BSAR−3.61SARIndustrial Services
2281TANMIAH FOOD CO
86.20SAR0.00%0.00SAR
Buy
211.802K18.257M1.724BSAR−0.18SARConsumer Non-Durables
2340AL ABDULLATIF INDUSTRIAL INVESTMENT CO.
22.56SAR−1.83%−0.42SAR
Buy
1.313M29.619M1.833BSAR−0.68SARConsumer Durables
3020YAMAMA CEMENT CO.
32.05SAR2.56%0.80SAR
Strong Buy
742.095K23.784M6.49BSAR42.660.73SARNon-Energy Minerals
4001ABDULLAH AL OTHAIM MARKETS CO.
127.80SAR2.24%2.80SAR
Strong Buy
238.83K30.522M11.502BSAR33.213.76SARDistribution Services
4003UNITED ELECTRONICS CO.
127.80SAR−0.31%−0.40SAR
Buy
361.755K46.232M7.361BSAR7.52SARFinance
4011LAZURDE COMPANY FOR JEWELRY
16.92SAR0.71%0.12SAR
Buy
954.289K16.147M972.9MSAR34.150.49SARConsumer Durables
4030NATIONAL SHIPPING COMPANY OF SAUDI ARABIA
27.05SAR3.64%0.95SAR
Strong Buy
2.242M60.633M13.314BSAR42.410.62SARTransportation
4080ASEER TRADING, TOURISM AND MANUFACTURING CO.
17.16SAR1.42%0.24SAR
Buy
1.53M26.26M2.169BSAR−0.41SARFinance
4110BATIC INVESTMENTS AND LOGISTICS CO.
28.65SAR−0.17%−0.05SAR
Buy
524.746K15.034M1.719BSAR−0.07SARTransportation
4191ABDULLAH SAAD MOHAMMED ABO MOATI FOR BOOKSTORES CO.
37.00SAR−2.12%−0.80SAR
Buy
3.094M114.495M740MSAR50.050.76SARRetail Trade
4230RED SEA INTERNATIONAL CO.
37.00SAR−0.40%−0.15SAR
Buy
1.202M44.467M1.119BSAR−4.11SARProducer Manufacturing
4270SAUDI PRINTING AND PACKAGING CO.
18.62SAR3.44%0.62SAR
Buy
1.781M33.154M1.117BSAR−0.82SARCommercial Services
4310KNOWLEDGE ECONOMIC CITY
15.12SAR3.85%0.56SAR
Buy
3.209M48.516M5.13BSAR−0.07SARFinance
4320ALANDALUS PROPERTY CO.
17.22SAR0.00%0.00SAR
Buy
105.778K1.821M1.607BSAR23.560.73SARFinance
8312ALINMA TOKIO MARINE CO.
24.80SAR3.85%0.92SAR
Buy
1.007M24.974M744MSAR−0.41SARFinance