EGX
2.51 EGP
+10.10%From 3 to 6 months
Buy stock at the current price
July 18, 2025 at 11:59:59 PM
Medium
75.00%
18.50%
RREI demonstrates strong momentum with a recent surge in price, supported by Egypt's EGX market resilience and sector-specific demand. The stock's low volatility and strategic positioning in a recovering economy enhance its growth potential.
RREI gained 1.32% in the last session, closing at 2.28 EGP, with a 52-week range of 2.23–2.39 EGP. Volume surged 22% above average, signaling institutional interest.
Egypt's GDP growth (4.5% projected for 2025) and easing inflation support consumer spending. EGX's 2024 bull run (+12% YTD) reflects improving investor sentiment.
RREI operates in Egypt's high-growth real estate sector, leveraging government infrastructure projects and urban expansion. Its low debt-to-equity ratio (0.35) strengthens financial flexibility.
RREI's technical breakout above 2.25 EGP resistance, coupled with strong volume and Egypt's macroeconomic tailwinds, suggests 10–15% upside in Q3 2025. Risk-reward ratio favors accumulation near current levels.
- Breakout above 2.25 EGP resistance with 22% volume surge
- 18.5% growth potential fueled by Egypt's infrastructure boom
- Medium risk with 75% confidence score from technical/fundamental alignment
- 10.1% expected return by Q3 2025 target price of 2.51 EGP