DAARCOMM - Daar Communications
DAAR Communications Plc, founded in 1988 by Dokpesi Raymond Aleogho Anthony, is a Nigeria-based investment holding company with diversified interests in broadcasting, printing, publishing, telecommunications, and allied multimedia services across the world. Through its television network subsidiaries, the company engages in the development, production, and marketing of news and entertainment programs. Its strategic business units include Raypower FM, AIT Television, DAAR News, DAAR Education Services, DAAR Digital Services, DAAR Ventures and Synergy, and DAAR UK Operations which markets DAAR channels in the United Kingdom.
Daar Communications is listed on the Nigerian Stock Exchange (NGX). Daar Communications is traded on the NGX under the ticker symbol “DAARCOMM”. The International Securities Identification Number (ISIN) of NGX:DAARCOMM is NGDAARCOMM01. Daar Communications is currently the 101st most valuable stock on the NGX with a market capitalization of NGN 3 billion, which is about 0.0083% of the Nigerian Stock Exchange equity market.
|Last Trading Results|
|Day’s Low Price||0.25|
|Day’s High Price||0.25|
|Number of Deals||10|
|Growth & Valuation|
|Earnings Per Share|
|Dividend Per Share|
DAARCOMM Stock Market Performance
The current share price of Daar Communications (DAARCOMM) is NGN 0.25. DAARCOMM closed its last trading day (Friday, September 29, 2023) at 0.25 NGN per share on the Nigerian Stock Exchange (NGX), recording a 7.4% drop from its previous closing price of 0.27 NGN. Daar Communications began the year with a share price of 0.20 NGN and has since gained 25% on that price valuation, ranking it 82nd on the NGX in terms of year-to-date performance. Investors should, however, take caution of DAARCOMM’s recent bad performance, having lost 7% of its value in the past four weeks.
Daar Communications is the 34th most traded stock on the Nigerian Stock Exchange over the past three months (Jul 4 - Sep 29, 2023). DAARCOMM has traded a total volume of 172 million shares—in 1,193 deals—valued at NGN 48.8 million over the period, with an average of 2.73 million traded shares per session. A volume high of 37.7 million was achieved on July 10th for the same period. The table below details the last 10 trading days of activity of Daar Communications on the Nigerian Stock Exchange.
Profile of Daar Communications Plc
Daar Communications Plc was founded on August 31, 1988 and operates in the Consumer Services sector, specifically, the Media industry. Daar Communications contracts an estimated total number of 814 employees.
Factsheet of Daar Communications Plc
- Consumer Services
- Kpaduma Hills, Ladi Lawal Drive, Asokoro Abuja, Nigeria
- +234-1-773-0968, +234-1-264-4814, +234-803-581-5573
DAARCOMM Industrial Market Competitors
Daar Communications Plc, issuers of the DAARCOMM stock on the Nigerian Stock Exchange, have a number of market competitors who are also engaged in the Consumer Services sector and/or Media industry. The table below presents an overview of the market standing of the top 10 by year-to-date performance.
|TRANSCOHOT||Transcorp Hotels Plc||455B||44.40||+610%|
|NAHCO||Nigerian Aviation Handling Co.||46.5B||23.85||+273%|
|ABCTRANS||Associated Bus Company||1.89B||0.79||+216%|
|IKEJAHOTEL||Ikeja Hotel Plc||9.01B||3.25||+210%|
|TIP||The Initiates Plc||917M||1.03||+115%|
|CAVERTON||Caverton Offshore Support Group||4.59B||1.37||+38.4%|