Pricing

Today, we conducted an in-depth analysis on Emaar Development PJSC. The current price of the stock stands at 8.51 with a 1-day change of 0.02, translating to a 1-day return of 0.24%. The stock witnessed a trading volume of 3,025,458 shares. Over the 1-week period, the stock showed a return of 0.71%, while over 1-month and 3-months periods, the returns were 6.375% and 0.353774% respectively. The stock has been on a positive trend, with a 1-week return of 19.020979% and an impressive 1-year return of 31.937984%.

Looking at the price rally, the stock has been trading upwards for the last 1 day, indicating bullish sentiment. The close price compared to the open price shows a 0.24% increase, further supporting the bullish sentiment. However, the close price relative to the high price indicates a -2.52% decrease, suggesting some bearish sentiment. On the other hand, the close price versus the low price reflects a 0.95% increase, reinforcing the bullish outlook. The close price compared to the previous day's open price is -1.96%, signaling a bearish sentiment.

The stock hit its 1-month high price at 8.83, which occurred 3 days ago, and the 1-month low price was 8.0, observed 24 days ago. The current price is -3.62% lower than the 1-month high price and 6.37% higher than the 1-month low price. Similarly, the 52-week high price was 8.83, recorded 3 days ago, while the 52-week low price was 5.55, noted 283 days ago. The current price is -3.62% below the 52-week high price and 53.33% above the 52-week low price.

Historical returns for various periods show a positive trajectory, with returns of 0.24% for 1-day, 0.71% for 1-week, 6.38% for 1-month, 0.35% for 3-months, 22.45% for 6-months, 19.02% year-to-date, and an impressive 31.94% for 1-year. The historical relative volume for different time frames also indicates healthy activity, with volume ratios above 1, showing increased investor interest.

Regarding the fundamentals on a trailing twelve-month (TTM) basis, Emaar Development PJSC has a MarketCap of 33,120,000,000 and a Net income per share of 1.70. The Price/Earning Ratio stands at 4.88, with a Dividend Yield of 0.06%. The company has a strong Working Capital of 4,769,127,000 and Total Assets worth 54,638,606,000. The Total Liabilities amount to 26,474,003,000, while the Total Revenue and EBIT are recorded at 13,053,316,000 and 8,879,589,413 respectively. The Altman Z-Score, measuring financial health, is reported at 2.12.

On the technical front, the stock has displayed various signals. The Simple Moving Averages (SMA) reveal that the stock is currently exhibiting a mixed trend. The Close price compared to different SMAs shows slight variations, with some indicating buying opportunities while others suggesting selling signals. Overall, the technical indicators point to a nuanced market sentiment, with opportunities for investors based on their risk appetite and investment horizon.