Sharkia National Food Experiences Significant Price Fluctuation, Reflecting Market Volatility
The Egyptian stock market, as represented by the Egyptian Exchange (EGX), continues to exhibit volatility, with companies like Sharkia National Food, a key player in the Food, Beverages, and Tobacco sector, experiencing significant price swings. As of July 7, 2025, Sharkia National Food's stock has shown a remarkable year-to-date (YTD) price change, moving between its highest price of 8.68 Egyptian Pounds on June 30, 2025, and its lowest price of 5.56 Egyptian Pounds on January 14, 2025. The company's market capitalization stands at 1.35 billion Egyptian Pounds, with an average daily traded value of 5.79 million Egyptian Pounds and an average daily volume of 857,564 shares.
Key Takeaways:
- Sharkia National Food's Year-To-Date (YTD) price change is categorized as a very large or significant move, with a close price of 8.21 Egyptian Pounds as of July 7, 2025.
- The company's stock experienced its highest price of 8.68 Egyptian Pounds on June 30, 2025, and its lowest price of 5.56 Egyptian Pounds on January 14, 2025.
- The market capitalization for Sharkia National Food currently stands at 1.35 billion Egyptian Pounds.
- The average daily value traded amounts to 5.79 million Egyptian Pounds, with an average daily volume of 857,564 shares exchanged across 456 trades.
- The company has been active for 119 trading days this year.
- The last annual profit reported by the company was 281,564 Egyptian Pounds on December 31, 2024.
- The Price-to-Earnings (P/E) ratio of the stock is currently at 4,779.88, with a minimum P/E of 3,388.42 observed.
- Sharkia National Food is part of a designated market category within the main market of the EGX, solidifying its presence in the national and regional stock market landscape.
Statistics:
- YTD price change: categorized as a very large or significant move.
- Closing price (July 7, 2025): 8.21 Egyptian Pounds.
- Highest price: 8.68 Egyptian Pounds on June 30, 2025.
- Lowest price: 5.56 Egyptian Pounds on January 14, 2025.
- Market capitalization: 1.35 billion Egyptian Pounds.
- Average daily traded value: 5.79 million Egyptian Pounds.
- Average daily volume: 857,564 shares.
- Total trading days: 119.
- Last annual profit: 281,564 Egyptian Pounds on December 31, 2024.
- Price-to-Earnings (P/E) ratio: 4,779.88.
- Minimum P/E: 3,388.42.
Sources:
- Egyptian Exchange (EGX) - as of July 7, 2025.
- Egyptian Exchange (EGX) - December 31, 2024.