Marsa Marsa Alam For Tourism Development Sees Significant Stock Value Increase
Marsa Marsa Alam For Tourism Development, a leading entity in the Travel and Leisure sector, has recorded a substantial rise in its stock value, according to data from the Egyptian Exchange (EGX). As of July 21, 2025, the company's stock closed at EGP 2.54, marking a significant increase from its opening price of EGP 2.1 at the beginning of the year. This performance is noteworthy, particularly considering the company's recent financial challenges, including a reported annual loss of EGP 3.35 million as of December 31, 2024.
Key Takeaways:
- The company's stock closed at EGP 2.54 on July 21, 2025, marking a significant increase from its opening price of EGP 2.1 at the beginning of the year.
- The company's stock reached its highest price of EGP 2.66 on July 21, 2025, while its lowest was EGP 2.01 on February 27, 2025.
- The market capitalization of the company stands at EGP 127.00 million, reflecting the current valuation of the company's shares in the market.
- The company operates within the main market category, has a par value of EGP 1.00 per share with a total of 50 million shares, fully paid-up.
- The daily trading activity shows an average daily value traded of EGP 41,240, with an average daily volume of 17,699 shares across approximately 2 trades per day over 61 trading days.
- The company's price-to-earnings ratio is currently at zero, reflecting the absence of earnings due to the annual loss.
- The stock's performance has seen a very large or significant move this year, both in terms of the price change and when adjusted for capital structure changes.
- No corporate actions or dividends have been declared for the period.
Statistics:
- EGP 2.54: Closing stock price on July 21, 2025
- EGP 2.1: Opening stock price at the beginning of the year
- EGP 2.66: Highest stock price on July 21, 2025
- EGP 2.01: Lowest stock price on February 27, 2025
- EGP 127.00 million: Market capitalization
- 50 million: Total shares outstanding
- EGP 1.00: Par value per share
- 17,699: Average daily volume over 61 trading days
- 2: Average daily trades
- 61: Number of trading days
- 0: Price-to-earnings ratio
Sources:
- Egyptian Exchange (EGX)