Arab Development and Real Estate Investment Experiences Significant Stock Price Move
Arab Development and Real Estate Investment, a leading real estate company listed on the Egyptian Exchange (EGX), has witnessed a substantial shift in its stock price over the past year. The company's stock has traded in a narrow range, with the highest price reaching EGP 1.59 on January 20, 2025, and the lowest price dipping to EGP 0.82 on June 22, 2025. As of June 23, 2025, the opening price was EGP 1.33, with the closing price at EGP 0.92 on the same date. This significant move has resulted in a year-to-date price change of negative 30.83%.
Key Takeaways:
- The stock price of Arab Development and Real Estate Investment has fluctuated significantly, with the highest price recorded at EGP 1.59 on January 20, 2025, and the lowest price at EGP 0.82 on June 22, 2025.
- The company has a par value of EGP 0.50 per share, with a total of 70.27 million shares, leading to a paid capital of EGP 35.13 million.
- The market capitalization of Arab Development and Real Estate Investment is currently EGP 64.65 million.
- The company has reported an average daily value traded of EGP 2.15 million, with an average daily volume traded of 1.79 million shares and an average of 186 trades per day across trading days.
- The last annual profit reported by the company was EGP 290,820 on December 31, 2024, contributing to a price-to-earnings (P/E) ratio of 222.30.
- The company falls under the SMEs Market category on the EGX.
Sources:
- Egyptian Exchange (EGX)
- Arab Development and Real Estate Investment's company profile