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.
UPDC Plc is listed on the Nigerian Stock Exchange (NGX). UPDC is traded on the NGX under the ticker symbol “UPDC”. The International Securities Identification Number (ISIN) of NGX:UPDC is NGUACPROP006. UPDC Plc is currently the 50th most valuable stock on the NGX with a market capitalization of NGN 19.1 billion, which is about 0.068% of the Nigerian Stock Exchange equity market.
|Last Trading Results|
|Day’s Low Price||1.03|
|Day’s High Price||1.07|
|Number of Deals||12|
|Growth & Valuation|
|Earnings Per Share|
|Dividend Per Share|
UPDC Stock Market Performance
The current share price of UPDC Plc (UPDC) is NGN 1.03. UPDC closed its last trading day (Friday, July 1, 2022) at 1.03 NGN per share on the Nigerian Stock Exchange (NGX), recording a 3.7% drop from its previous closing price of 1.07 NGN. UPDC began the year with a share price of 1.19 NGN but has since lost 13.5% off that price valuation, ranking it 133rd on the NGX in terms of year-to-date performance.
UPDC is the 42nd most traded stock on the Nigerian Stock Exchange over the past three months (Mar 30 - Jul 1, 2022). UPDC has traded a total volume of 106 million shares—in 1,690 deals—valued at NGN 99.9 million over the period, with an average of 1.68 million traded shares per session. A volume high of 9.54 million was achieved on March 31st, and a low of 37,476 on June 23rd, 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
- Real Estate
- Investment and Services Development
- Niger House, 1-5 Odunlami Street, Lagos, Nigeria
- +234-901-000-3019, +234-901-000-3017, +234-704-652-9255