EGX
24.00 EGP
+13.30%From 6 to 12 months
Hold your current position
September 16, 2025 at 7:22:25 AM
High
65.00%
15.00%
Rakta Paper Manufacturing Company (RAKT) has shown significant growth over the past year, with its stock price increasing by 43.41%. However, recent financial reports indicate a substantial net loss, and technical analyses suggest a bearish trend. These factors present both opportunities and risks for investors.
Over the past year, RAKT's stock has appreciated by 43.41%, reaching an all-time high of 35.95 EGP on January 12, 2025. However, the stock has declined by 8.85% over the past week, closing at 21.21 EGP on March 13, 2025.
The Egyptian paper industry is influenced by factors such as raw material costs, energy prices, and demand from key sectors like education and publishing. Economic fluctuations and policy changes can significantly impact RAKT's performance.
RAKT operates in Egypt's paper manufacturing industry, offering products like writing and printing papers, fluting, test liner paper, and duplex cardboards. Despite its diverse product range, the company faces challenges in profitability and market positioning.
While RAKT has experienced substantial growth over the past year, recent financial and technical indicators suggest caution. The company's profitability challenges and current stock performance advise a 'hold' position for investors.
- RAKT's stock grew by 43.41% over the past year.
- Recent financials show a net loss of 498.07 million EGP.
- Technical analysis indicates a 'strong sell' signal.
- Current stock price is 21.21 EGP, with a target of 24.00 EGP.
