Emirati Stock Market
Overvalued stocks — Emirati Stock Market
Stocks that have significantly increased in price due to 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.
|
ALRAMZ
AL RAMZ CORPORATIO
|
0.72 | 0.00% | 0.00 | Buy | 0 | 397.589M | — | 0.01 | — | Finance |
|
ARIG
ARAB INS GRP(ARIG)
|
1.20 | 0.00% | 0.00 | Buy | 0 | 224.040M | 3.69 | 0.33 | — | Finance |
|
DIN
DUBAI INSURANCE CO
|
4.20 | 0.00% | 0.00 | Buy | 0 | 420.000M | 5.80 | 0.72 | — | Finance |
|
EIBANK
EMIRATES INV BANK
|
400.00 | 0.00% | 0.00 | Sell | 0 | — | 31.65 | 12.64 | — | Finance |
|
IFA
INTL FINL ADV HLDG
|
1.10 | 0.00% | 0.00 | Buy | 0 | 170.228M | — | -0.17 | — | Finance |
|
NCC
NATIONAL CEMENT
|
2.39 | 0.00% | 0.00 | Buy | 0 | 857.532M | — | 0.14 | — | Non-Energy Minerals |
|
NGI
NATIONAL GENL INS
|
2.20 | 0.00% | 0.00 | Buy | 0 | 329.899M | 18.90 | 0.12 | 441.00 | Finance |
|
NIND
NATIONAL INDS GRP
|
3.00 | 0.00% | 0.00 | Buy | 0 | 3.950B | 14.80 | 0.20 | 61.00 | Finance |
|
OIC
OMAN INSURANCE CO
|
2.58 | 0.00% | 0.00 | Strong Buy | 0 | 1.192B | 18.53 | 0.14 | — | Finance |
Load More
