Marsa Marsa Alam For Tourism Development Sees Significant Price Appreciation
Marsa Marsa Alam For Tourism Development, a listed company on the Egyptian Exchange (EGX), has experienced a substantial increase in its stock value year-to-date. The company's stock has shown a significant move, with a year-to-date price change described as very large. Despite fluctuations, the stock has maintained a steady growth trajectory, with a notable appreciation in its price. This significant price movement is consistent with the company's market capitalization of 127 million Egyptian Pounds.
Key Takeaways:
- The stock opened at 2.1 Egyptian Pounds and closed at 2.54 Egyptian Pounds on July 29, 2025, marking a significant appreciation in its price.
- The year-to-date price change is described as a very large or significant move, both before and after avoiding capital structure change effects.
- The company's market capitalization stands at 127.00 million Egyptian Pounds.
- Marsa Marsa Alam For Tourism Development has a paid capital of 50.00 million Egyptian Pounds, with a total of 50 million shares having a par value of 1.00 Egyptian Pound each.
- The company's last annual profit was recorded as a loss of 3.35 million Egyptian Pounds as of December 31, 2024.
- The average daily value traded in EGP is 39,821, with an average daily volume of 17,062 shares and an average of 2 trades per day over the 64 trading days observed.
- The company is categorized under the main market on the EGX.
Statistics:
- Year-to-date price change: very large or significant move.
- Market capitalization: 127.00 million Egyptian Pounds.
- Paid capital: 50.00 million Egyptian Pounds.
- Number of shares: 50 million.
- Par value per share: 1.00 Egyptian Pound.
- Last annual profit: loss of 3.35 million Egyptian Pounds (as of December 31, 2024).
- Average daily value traded: 39,821 EGP.
- Average daily volume: 17,062 shares.
- Average trades per day: 2.
- Number of trading days: 64.
Sources:
- Egyptian Exchange (EGX) - Data for the period ending July 29, 2025
- Egyptian Exchange (EGX) - Listed company information for Marsa Marsa Alam For Tourism Development