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DS Rent stock falls 2.5% following Audit Committee resignation

DS Rent stock falls 2.5% following Audit Committee resignation
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DAR ALMARKABAH
9577
13.79% 1.32 0.16

Riyadh – Mubasher: Dar Almarkabah for Renting Cars Company (DS Rent) is currently trading at SAR 1.17, representing a 2.5% decline in today's session, 19 July 2026.

The transportation sector stock is featuring on the intraday top losers list as it trades below several key moving averages.

Technical indicators show the stock is currently positioned under its 20-day and 200-day Simple Moving Averages (SMA), both situated at SAR 1.29, and slightly below its 50-day SMA of SAR 1.18.

The Relative Strength Index (RSI) stands at 44.71, while the Moving Average Convergence Divergence (MACD) is at -0.002. The Average Directional Index (ADX) is recorded at 32.02.

The price movement follows recent corporate disclosures, including the resignation of two Audit Committee members, Ahmed Abdulmohsen Alsadoon as well as Khalid Muqbil Al Muqbil.

This is in addition to the announcement of results from the company's Ordinary General Assembly Meeting (OGM).

Meanwhile, the DS Rent stock remains in active session as part of the broader market movement.