African Stock Exchanges

DAARCOMM - Daar Communications

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DAARCOMM share price on Nigerian Stock ExchangeDAARCOMM share price on Nigerian Stock Exchange

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 90th most valuable stock on the NGX with a market capitalization of NGN 6.84 billion, which is about 0.012% of the Nigerian Stock Exchange equity market.

DAARCOMM0.57 ▴ 0.05 (9.62%)
Yesterday
Last Trading Results
Opening Price
Day’s Low Price0.52
Day’s High Price0.57
Traded Volume2.13M
Number of Deals37
Gross Turnover1.16M
Growth & Valuation
Earnings Per Share
Price/Earning Ratio
Dividend Per Share
Dividend Yield
Shares Outstanding12B
Market Capitalization6.84B
Monetary values are quoted in Nigerian Naira (NGN) unless otherwise stated

DAARCOMM Stock Market Performance

1WK4WK3MO
-9.52%-26.9%
6MO1YRYTD
+54.1%+185%-36.7%

The current share price of Daar Communications (DAARCOMM) is NGN 0.57. DAARCOMM closed its last trading day (Thursday, June 20, 2024) at 0.57 NGN per share on the Nigerian Stock Exchange (NGX), recording a 9.6% gain over 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 36.7% off that price valuation, ranking it 152nd on the NGX in terms of year-to-date performance. Shareholders’ worries are compounded by the fact that DAARCOMM has lost 10% of the stock’s value from May 20th to date.

Daar Communications is the 78th most traded stock on the Nigerian Stock Exchange over the past three months (Mar 13 - Jun 20, 2024). DAARCOMM has traded a total volume of 22.7 million shares—in 796 deals—valued at NGN 14 million over the period, with an average of 360,472 traded shares per session. A volume high of 3.22 million was achieved on March 20th for the same period. The table below details the last 10 trading days of activity of Daar Communications on the Nigerian Stock Exchange.

DateVolumeCloseChangeChange%
2024-06-202,131,7460.57+0.05+9.62%
2024-06-19161,5000.52
2024-06-1443,0700.52
2024-06-13504,8980.52-0.05-8.77%
2024-06-11260,4570.57
2024-06-10183,5000.57-0.06-9.52%
2024-06-07110.63
2024-06-0614,5100.63
2024-06-0577,9450.63
2024-06-0471,0000.63

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

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.

CodeNameM. Cap.CloseYTD
JULIJuli Plc1.9B9.49+1,508%
TIPThe Initiates Plc1.58B1.78+54.8%
TRANSCOHOTTranscorp Hotels Plc922B90.00+28.2%
NAHCONigerian Aviation Handling Co.63.4B32.55+28.2%
REDSTAREXRed Star Express Plc3.72B3.90+22.6%
IKEJAHOTELIkeja Hotel Plc20.1B7.25+20.8%
UPLUniversity Press1.19B2.75+14.6%
RTBRISCOERT Briscoe788M0.67+9.84%
TRANSEXPRTrans-Nationwide Express623M1.25+8.7%
LEARNAFRCALearn Africa2.55B3.30+3.45%

Index of African Stock Exchanges:

  1. Botswana Stock Exchange
  2. BRVM Stock Exchange
  3. Ghana Stock Exchange
  4. Johannesburg Stock Exchange
  5. Lusaka Securities Exchange
  6. Malawi Stock Exchange
  7. Nairobi Securities Exchange
  8. Nigerian Stock Exchange
  9. Uganda Securities Exchange
  10. Zimbabwe Stock Exchange

Comments

  1. Iheukwumere stellaIheukwumere stella
    Jun 16, 2024 18:31 GMT

    I was part of the Daar communication shares. please how do i go about dividend or apply for my dividends thank you .

  2. Rose Ada AbbahRose Ada Abbah
    May 26, 2024 14:49 GMT

    Hi 👋 . Why is Daar communication not contacting her shareholders?

  3. Anozie Christian chikadibiaAnozie Christian chikadibia
    May 24, 2024 21:54 GMT

    I bought DAAR COM share in 2008 and date no certificate has been issued to me, and no communication what so ever. Should it be said I ht lost my money?.

    1. Anozie Christian chikadibiaAnozie Christian chikadibia
      May 24, 2024 22:03 GMT

      I. Don't know the state of my investment with your company. 08104452608. I dearly what to hear from your, please.

  4. Faith Ashibong imokeFaith Ashibong imoke
    Apr 15, 2024 14:25 GMT

    I bough shares since 2008 I have the certificate till today I am unable to access or reach them anymore I got mine at kaduna

  5. Uzor Joe ucheUzor Joe uche
    Mar 7, 2024 03:21 GMT

    bought DAAR communication shares in 2008. I have received the certificate and ever since, I have not heard anything from them. Please how do I know the worth of my shares and how to claim my dividends?
    Thank you. 08064103176

  6. Enyinnaya UkpabiEnyinnaya Ukpabi
    Feb 21, 2024 19:48 GMT

    I bought DAAR communication shares in 2008. I have received the certificate and ever since, I have not heard anything from them. Please how do I know the worth of my shares and how to claim my dividends?
    Thank you.

  7. MansurMansur
    Feb 7, 2024 05:13 GMT

    I bought a share with daar communication over ten years now, pls hiw do i sell the share now?

  8. Ahmed Samson AdeizaAhmed Samson Adeiza
    Jan 17, 2024 09:46 GMT

    I bought shares at daar communication since 2008. I have my certificate with me.
    It's quite disheartening that I didn't hear from you since then.

    Pls, find a way to communicate me on my shares status, through my mail, preferably.

  9. Ogundiran Oluwaseyi OOgundiran Oluwaseyi O
    Nov 19, 2023 03:00 GMT

    Hello Sir/ma I bought share with Daar communication in 2008. Up till now I have not heard any updates about it, only certificate was given to me. How do I check the dividend or the total accumulated profit…… thanks for your corporation
    08069637022

    1. Olubunmi OlusegunOlubunmi Olusegun
      Feb 20, 2024 13:00 GMT

      I bought mine too in 2008. I also have the certificate. Yet to hear anything too.

  10. Chimezie Joshua OnyenzeChimezie Joshua Onyenze
    Oct 10, 2023 19:03 GMT

    I am Chimezie Joshua Onyenze. I bought daar communication shares 2004 and I have not received any dividends since then, please any good information chart me on Whatsapp 08038676767

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