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 95th most valuable stock on the NGX with a market capitalization of NGN 5.64 billion, which is about 0.01% of the Nigerian Stock Exchange equity market.
| Last Trading Results | |
|---|---|
| Opening Price | |
| Day’s Low Price | 0.47 |
| Day’s High Price | 0.47 |
| Traded Volume | 1.1M |
| Number of Deals | 18 |
| Gross Turnover | 519,840.28 |
| Growth & Valuation | |
|---|---|
| Earnings Per Share | |
| Price/Earning Ratio | |
| Dividend Per Share | |
| Dividend Yield | |
| Shares Outstanding | 12B |
| Market Capitalization | 5.64B |
DAARCOMM Stock Market Performance
| 1WK | 4WK | 3MO |
|---|---|---|
| -9.62% | -7.84% | -31.9% |
| 6MO | 1YR | YTD |
|---|---|---|
| -46% | +34.3% | -47.8% |
The current share price of Daar Communications (DAARCOMM) is NGN 0.47. DAARCOMM closed its last trading day (Friday, July 26, 2024) at 0.47 NGN per share on the Nigerian Stock Exchange (NGX), recording a 9.6% drop from its previous closing price of 0.52 NGN. Daar Communications began the year with a share price of 0.90 NGN but has since lost 47.8% off that price valuation, ranking it 150th on the NGX in terms of year-to-date performance. Shareholders’ worries are compounded by the fact that DAARCOMM has lost 8% of the stock’s value from June 28th to date.
Daar Communications is the 80th most traded stock on the Nigerian Stock Exchange over the past three months (Apr 25 - Jul 26, 2024). DAARCOMM has traded a total volume of 21.9 million shares—in 776 deals—valued at NGN 11.2 million over the period, with an average of 347,884 traded shares per session. A volume high of 3.29 million was achieved on July 4th, and a low of 11 on June 7th, for the same period. The table below details the last 10 trading days of activity of Daar Communications on the Nigerian Stock Exchange.
| Date | Volume | Close | Change | Change% |
|---|---|---|---|---|
| 2024-07-26 | 1,101,326 | 0.47 | -0.05 | -9.62% |
| 2024-07-25 | 58,106 | 0.52 | ||
| 2024-07-24 | 323,660 | 0.52 | ||
| 2024-07-23 | 366,366 | 0.52 | ||
| 2024-07-22 | 116,839 | 0.52 | ||
| 2024-07-19 | 60,270 | 0.52 | ||
| 2024-07-18 | 330,872 | 0.52 | ||
| 2024-07-17 | 154,810 | 0.52 | ||
| 2024-07-16 | 1,360,906 | 0.52 | ||
| 2024-07-15 | 246,778 | 0.52 |
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
- Sector
- Consumer Services
- Industry
- Media
- Address
- Kpaduma Hills, Ladi Lawal Drive, Asokoro Abuja, Nigeria
- Telephone
- +234-1-773-0968, +234-1-264-4814, +234-803-581-5573
- Website
- daargroup.com
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.
| Code | Name | M. Cap. | Close | YTD |
|---|---|---|---|---|
| JULI | Juli Plc | 1.9B | 9.49 | +1,508% |
| TIP | The Initiates Plc | 1.82B | 2.05 | +78.3% |
| NAHCO | Nigerian Aviation Handling Co. | 76.4B | 39.20 | +54.3% |
| TRANSCOHOT | Transcorp Hotels Plc | 1.01T | 98.40 | +40.2% |
| LEARNAFRCA | Learn Africa | 3.05B | 3.95 | +23.8% |
| REDSTAREX | Red Star Express Plc | 3.63B | 3.80 | +19.5% |
| IKEJAHOTEL | Ikeja Hotel Plc | 18.6B | 6.70 | +11.7% |
| RTBRISCOE | RT Briscoe | 788M | 0.67 | +9.84% |
| TRANSEXPR | Trans-Nationwide Express | 613M | 1.23 | +6.96% |
| ACADEMY | Academy Press | 1.5B | 1.98 | +2.06% |
