Gulf Canadian Real Estate Investment Co. Experiences Significant Downturn in Stock Performance
Gulf Canadian Real Estate Investment Co., listed on the Egyptian Exchange (EGX), has seen a substantial decline in its stock performance this year. As of June 15, 2025, the company's stock closed at EGP 4.24, marking a year-to-date price change of -90.98%. This significant downturn is a cause for concern, particularly considering the company's past performance. Despite reaching a high of EGP 54.60 on January 9, 2025, the stock has struggled to maintain momentum, with the lowest price recorded at EGP 3.25 on March 12, 2025.
Key Takeaways:
- The stock of Gulf Canadian Real Estate Investment Co. has experienced a year-to-date price change of -90.98% as of June 15, 2025, with a closing price of EGP 4.24.
- The company's market capitalization stands at EGP 254.40 million, with a par value of EGP 0.500 per share and a total of 60 million shares issued.
- The company's last annual profit was recorded as a loss of EGP 741,081 as of December 31, 2024, making the price-to-earnings (P/E) ratio unavailable.
- The company's financial performance has been under scrutiny, with concerns raised regarding the stock's downward trend.
- The designated market category for Gulf Canadian Real Estate Investment Co. is the Main Market, with no specific index or dividend yield (DY) information available.
- The payment date and coupon details for the company remain unspecified.
Statistics:
- Year-to-date price change: -90.98%
- Closing stock price: EGP 4.24 (June 15, 2025)
- Market capitalization: EGP 254.40 million
- Total shares issued: 60 million
- Par value per share: EGP 0.500
- Adjusted open price: EGP 3.917 (after accounting for capital structure changes)
- Adjusted year-to-date price change: 8.26%
- Average daily value traded: EGP 5.39 million
- Average daily volume traded: 803,657 shares
- Average daily number of trades: 105
- Last annual profit: Loss of EGP 741,081 (as of December 31, 2024)
- Minimum P/E ratio recorded: 89.86
- Maximum P/E ratio not available
Sources:
- Egyptian Exchange (EGX)
- Egyptian Exchange (EGX) website