Emirati Stock Market
Overvalued stocks
Stocks that have significantly increased in price due a large demand are called overbought. This is often the case when there are too many buyers who push the price so high that it can’t be justified by company financials. When sellers start outweighing buyers, the price can change its direction. Another scenario that causes stocks to become overbought is when a company buys back its own stocks. Be careful when buying overvalued stocks as there could be a retracement.
| AGLTY AGILITY PUBLIC WAR | 7.55 | 0.00% | 0.00 | Buy | 0 | 12.126B | 14.82 | 0.05 | 5005.00 | Industrials |
| ALFIRDOUS AL FIRDOUS HOLDING | 0.70 | 0.00% | 0.00 | Neutral | 0 | 419.966M | — | -0.02 | 3.00 | Consumer Cyclicals |
| ARIG ARAB INS GRP(ARIG) | 1.40 | 14.75% | 0.18 | Buy | 87.420K | — | — | — | — | — |
| ASCANA ARABIAN SCANDINAVI | 2.65 | 0.00% | 0.00 | Buy | 0 | 408.100M | 74.54 | 0.04 | — | Financials |
| CBD COMM BK OF DUBAI | 4.00 | 0.00% | 0.00 | Buy | 4.569K | 11.211B | 10.00 | 0.40 | 1110.00 | Financials |
| GULFA GULFA MINERAL WATE | 2.92 | 0.00% | 0.00 | Buy | 0 | 87.600M | — | -0.22 | 111.00 | Consumer Non-Cyclicals |
| ITHMR ITHMAAR HOLDING | 0.43 | 13.32% | 0.05 | Buy | 90.026M | 303.075M | — | -0.03 | 248.00 | Financials |
| MAZAYA AL MAZAYA HOLDING | 1.89 | 0.00% | 0.00 | Buy | 0 | 786.790M | 8.88 | 0.01 | 94.00 | Financials |
| NGI NATIONAL GENL INS | 2.20 | 0.00% | 0.00 | Buy | 0 | 329.899M | 8.65 | 0.25 | 371.00 | Financials |
| NIH NATL INTERNATIONAL | 0.85 | 0.00% | 0.00 | Sell | 0 | 153.499M | 8.58 | 0.01 | — | Financials |
| NIND NATIONAL INDS GRP | 1.97 | 0.00% | 0.00 | Buy | 0 | 2.481B | 5.03 | 0.03 | 73.00 | Industrials |
| OIC OMAN INSURANCE CO | 1.95 | 0.00% | 0.00 | Buy | 0 | 900.651M | 7.96 | 0.25 | — | Financials |
| ORIENT ARAB ORIENT INS | 66.30 | 0.00% | 0.00 | Sell | 0 | — | — | 70.99 | 1.00 | Financials |
| SALAMA ISLAMIC ARAB INSUR | 0.46 | 2.91% | 0.01 | Buy | 17.956M | 540.870M | 5.75 | 0.08 | 58.00 | Financials |
| UFC UNITED FOODS COMPA | 5.15 | 0.00% | 0.00 | Sell | 0 | 155.787M | 8.11 | 0.63 | 415.00 | Consumer Non-Cyclicals |
| UNIKAI UNIKAI FOODS | 8.44 | 0.00% | 0.00 | Sell | 0 | 273.195M | — | 0.07 | 1582.00 | Consumer Non-Cyclicals |