EXTRACTED OILS
ZEOT
EGX
Current Price
EGP
EGP (%)
Price Upon Recommendation
3.35 EGP
Target Price from Recommendation
3.63 EGP
+8.36%Holding Period
From 1 to 3 months
Final Recommendation
Buy stock at the current price
Valid Until
May 16, 2025 at 11:59:59 PM
Risk Assessment
Medium
Confidence Score
78.00%
Potential Growth
8.50%
Investment Reason
ZEOT has shown strong recent performance with a 5.19% daily gain, aligning with EGX's top gainers like AMER and ROTO . The stock benefits from Egypt's growing sectors and steady EGX 30 Index performance .
Overview
Recent Performance
ZEOT surged 5.19% intraday, trading between 3.33 and 3.45 EGP, with a closing price of 3.36 EGP .
Economic Factors
Egypt's inflation-driven market rallies and EGX 30's 8.64% monthly gain provide tailwinds .
Competitive Positioning
ZEOT operates in high-growth Egyptian sectors, supported by EGX's liquidity and investor confidence .
Analysis Summary
ZEOT's technical momentum, sectoral growth, and EGX's resilience justify a bullish stance. Target price reflects achievable resistance levels.
Key Points
- 5.19% intraday surge with strong EGX sector momentum
- Target price 3.63 EGP aligned with technical resistance
- Medium risk amid Egypt's inflation-driven market rallies
- 8.36% expected return within 30 days
