UPDC - UPDC Plc
UPDC Plc (formerly UACN Property Development Company) is an institutional property company, founded in 1997, and listed on the Nigerian Stock Exchange in 1998. The company has a solid track record in the acquisition, development, sale, and management of a diverse mix of commercial, residential, hospitality, and retail assets across Nigeria.
UPDC is a wholly indigenous, property development company in the Nigerian real estate market. The company operated first as a department, then as a division of UAC of Nigeria Plc until 1997 when the business was incorporated as a public limited liability company and listed on the Nigerian Stock Exchange. UPDC now focuses its energies on the premium real estate market of carefully selected cities in Nigeria. It acquires, develops, sells, leases, and manages choice residential and commercial real estate. UPDC is the parent company of UPDC Hotels Limited and also jointly owns Manor Gardens Property Development Company Limited.
|Last Trading Results|
|Day’s Low Price||1.17|
|Day’s High Price||1.20|
|Number of Deals||34|
|Growth & Valuation|
|Earnings Per Share||0.00|
|Dividend Per Share|
UPDC Stock Market Performance
The current share price of UPDC Plc (UPDC) is NGN 1.20. UPDC closed its last trading day (Friday, July 30, 2021) at 1.20 NGN per share on the Nigerian Stock Exchange (NGX), recording a 0.8% gain over its previous closing price of 1.19 NGN. UPDC began the year with a share price of 0.79 NGN and has since gained 51.9% on that price valuation, ranking it 14th on the NGX in terms of year-to-date performance. Shareholders can be optimistic about UPDC knowing the stock has accrued 40% over the past four-week period alone—sixth best on NGX.
UPDC is the 21st most traded stock on the Nigerian Stock Exchange over the past three months (Apr 27 - Jul 30, 2021). UPDC has traded a total volume of 208 million shares—in 2,012 deals—valued at NGN 222 million over the period, with an average of 3.3 million traded shares per session. A volume high of 17.3 million was achieved on May 24th, and a low of 32,337 on June 29th, for the same period. The table below details the last 10 trading days of activity of UPDC on the Nigerian Stock Exchange.
Profile of UPDC Plc
UPDC Plc was founded on October 6, 1997 and operates in the Real Estate sector, specifically, the Investment and Services Development industry. UPDC contracts an estimated total number of 312 employees.
|Factsheet of UPDC Plc|
Investment and Services Development
Niger House, 1-5 Odunlami Street, Lagos, Nigeria
+234-901-000-3019, +234-901-000-3017, +234-704-652-9255