Eastern Company's Stock Price Movement: A Year in Review
Eastern Company, a prominent player in Egypt's Food, Beverages, and Tobacco sector, has experienced a substantial change in its stock price year-to-date. With a par value of EGP 1.000 per share and a paid capital of EGP 3.00 billion, the company's 3.00 billion shares outstanding have shown a significant movement in price change from the start of the year. From opening the year at EGP 29.5, the stock reached a high of EGP 35.84 on April 28, 2025, and fell to a low of EGP 24 on January 8, 2025, before closing at EGP 30 by the end of June.
Key Takeaways:
- Eastern Company's stock price reached a high of EGP 35.84 on April 28, 2025, a 20.30% increase from the opening price of EGP 29.5.
- The stock's lowest price point was EGP 24 on January 8, 2025, representing a 18.32% decline from the opening price.
- The company's market capitalization stands at EGP 90.00 billion as of June 30, 2025.
- The average daily value traded on the exchange is EGP 42.98 million, with an average daily volume of 1.37 million shares across 391 trades.
- The company recorded 115 trading days in the current year.
- Eastern Company's last annual profit reported was EGP 4.03 billion for the fiscal year ending June 30, 2022.
- The price-to-earnings (P/E) ratio is calculated at 22.33 with a minimum P/E of 20.40.
- The company has undergone 0 capital structure changes in the current trading year.
- The highest price date for the stock was April 28, 2025, while the lowest price date was recorded on January 8, 2025.
Statistics:
- Stock opening price: EGP 29.5
- Stock highest price: EGP 35.84 (on April 28, 2025)
- Stock lowest price: EGP 24 (on January 8, 2025)
- Market capitalization: EGP 90.00 billion
- Average daily value traded: EGP 42.98 million
- Average daily volume: 1.37 million shares
- Trading days: 115
- Last annual profit: EGP 4.03 billion (fiscal year ending June 30, 2022)
- Price-to-earnings ratio: 22.33
- Minimum P/E ratio: 20.40
Sources:
- Egyptian Exchange (EGX)
- Eastern Company's annual report (fiscal year ending June 30, 2022)