National Drilling Sees Stability on Egyptian Exchange

Strategic Insights -

National Drilling, a key player in the Energy and Support Services sector, has seen a period of stability on the Egyptian Exchange (EGX), as reflected by the recent data. The company's stock, traded in United States Dollars, remained consistent with its closing price, maintaining an open price of 4.69. The company's shares, totaling 5.00 million, are valued with a par value of 1.60 USD each, bringing their paid capital to 8.00 million USD. This stability in the stock price and market capitalization of 23.45 million USD indicates a crucial indicator of the company's market value.

Key Takeaways:

  • National Drilling's stock price remained stable, with an open and closing price of 4.69 USD, as of April 27, 2025.
  • The company's shares, totaling 5.00 million, are valued with a par value of 1.60 USD each, bringing their paid capital to 8.00 million USD.
  • The stock's market capitalization stands at 23.45 million USD, providing a crucial indicator of the company's market value.
  • The average daily value traded in Egyptian Pounds is 70,259, with an average daily volume of 244 shares, indicating relatively sparse trading activity.
  • National Drilling reported its last annual profit on December 31, 2023, with a figure of 11.68 million USD.
  • The company's Price-to-Earnings (P/E) ratio is 2.01, aligning with the sector's P/E standards.
  • The designated market category for National Drilling is the Main Market under the EGX.
  • The stock's performance reflects a stable outlook with no significant changes in capital structure affecting its valuation or performance metrics.

Statistics:

  • April 14, 2025: Notable price fluctuations with stock recording both its highest (5.62 USD) and lowest price (5.62 USD) on the same day.
  • April 27, 2025: Stock price remains unchanged from the previous day, with an open price of 4.69 USD.
  • Market capitalization: 23.45 million USD.
  • Paid capital: 8.00 million USD.
  • Par value per share: 1.60 USD.
  • Average daily value traded in Egyptian Pounds: 70,259.
  • Average daily volume: 244 shares.
  • Trading days with at least one trade: Number of trading days with at least one trade between April 14, 2025, and April 27, 2025 (available data).
  • Annual profit: 11.68 million USD (December 31, 2023).
  • Price-to-Earnings (P/E) ratio: 2.01.

Sources:

  • Egyptian Exchange (EGX) - April 27, 2025
  • National Drilling's financial reports - December 31, 2023