Reacap Financial Investments Demonstrates Strong Performance in Egyptian Real Estate Sector

Strategic Insights -

Reacap Financial Investments, a major player in the Egyptian real estate sector, has shown outstanding performance as of 16 October 2024. The company's stock price has skyrocketed by 39.60% this year, with an even higher increase of 49.57% when adjusted for capital structure changes. This significant growth has been accompanied by robust trading activity, with the stock opening at 5.00 and reaching a highest price of 7.47 on 10 October 2024. The financial health of the company is also impressive, with a last annual profit reported at 41.99 million on 31 December 2023 and a competitive price-to-earnings ratio of 19.66.

Key Takeaways:

  • Reacap Financial Investments has seen its stock price increase by 39.60% this year, reaching a total of 49.57% when adjusted for capital structure changes.
  • The company's trading dynamics are highlighted by an average daily value traded amounting to 1.12 million in Egyptian Pounds, indicating active participation and investor interest.
  • The financial health of Reacap is underscored by its last annual profit reported at 41.99 million on 31 December 2023, with a competitive price-to-earnings ratio of 19.66.
  • The market capitalization of Reacap Financial Investments reached 825.61 million, with an average daily trading volume of 188,940 shares and an average daily number of trades at 52.
  • The par value of Reacap's stock is set at 5.000 per share, with a total of 118.28 million shares and a paid-up capital amounting to 591.41 million.
  • The highest price of Reacap's stock was recorded at 7.47 on 10/10/2024, while the lowest was at 3.88 on 04/06/2024.
  • The closing price of Reacap's stock as of the latest trading stood at 6.98.

Statistics:

  • 39.60% increase in Reacap Financial Investments' stock price this year.
  • 49.57% increase in Reacap Financial Investments' stock price when adjusted for capital structure changes.
  • 825.61 million: market capitalization of Reacap Financial Investments.
  • 1.12 million: average daily value traded amounting to in Egyptian Pounds.
  • 188,940: average daily trading volume of Reacap Financial Investments' shares.
  • 52: average daily number of trades in Reacap Financial Investments' shares.
  • 41.99 million: last annual profit reported by Reacap Financial Investments on 31 December 2023.
  • 19.66: price-to-earnings ratio of Reacap Financial Investments.
  • 5.000: par value of Reacap Financial Investments' stock per share.
  • 118.28 million: total number of shares of Reacap Financial Investments.
  • 591.41 million: paid-up capital of Reacap Financial Investments.
  • 5.00: opening price of Reacap Financial Investments' stock.
  • 7.47: highest price of Reacap Financial Investments' stock on 10/10/2024.
  • 3.88: lowest price of Reacap Financial Investments' stock on 04/06/2024.
  • 6.98: closing price of Reacap Financial Investments' stock as of the latest trading.

Sources:

  • The Egyptian Exchange.