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 62nd most valuable stock on the NGX with a market capitalization of NGN 25.1 billion, which is about 0.045% of the Nigerian Stock Exchange equity market.
| Last Trading Results | |
|---|---|
| Opening Price | |
| Day’s Low Price | 1.35 |
| Day’s High Price | 1.40 |
| Traded Volume | 981,261 |
| Number of Deals | 35 |
| Gross Turnover | 1.35M |
| Growth & Valuation | |
|---|---|
| Earnings Per Share | |
| Price/Earning Ratio | |
| Dividend Per Share | |
| Dividend Yield | |
| Shares Outstanding | 18.6B |
| Market Capitalization | 25.1B |
UPDC Stock Market Performance
| 1WK | 4WK | 3MO |
|---|---|---|
| +9.76% | -8.16% | -34.2% |
| 6MO | 1YR | YTD |
|---|---|---|
| +43.6% | +5.47% |
The current share price of UPDC Plc (UPDC) is NGN 1.35. UPDC closed its last trading day (Thursday, April 25, 2024) at 1.35 NGN per share on the Nigerian Stock Exchange (NGX). UPDC began the year with a share price of 1.28 NGN and has since gained 5.47% on that price valuation, ranking it 53rd on the NGX in terms of year-to-date performance. Investors should, however, take caution of UPDC’s recent bad performance, having lost 8% of its value in the past four weeks.
UPDC is the 58th most traded stock on the Nigerian Stock Exchange over the past three months (Jan 23 - Apr 25, 2024). UPDC has traded a total volume of 68.8 million shares—in 2,085 deals—valued at NGN 113 million over the period, with an average of 1.09 million traded shares per session. A volume high of 6.35 million was achieved on January 30th, and a low of 30,109 on March 20th, for the same period. The table below details the last 10 trading days of activity of UPDC on the Nigerian Stock Exchange.
| Date | Volume | Close | Change | Change% |
|---|---|---|---|---|
| 2024-04-25 | 981,261 | 1.35 | ||
| 2024-04-24 | 1,757,212 | 1.35 | +0.12 | +9.76% |
| 2024-04-23 | 93,993 | 1.23 | ||
| 2024-04-22 | 65,470 | 1.23 | ||
| 2024-04-19 | 326,450 | 1.23 | ||
| 2024-04-18 | 691,069 | 1.23 | +0.03 | +2.50% |
| 2024-04-17 | 553,212 | 1.20 | -0.10 | -7.69% |
| 2024-04-16 | 589,566 | 1.30 | -0.13 | -9.09% |
| 2024-04-15 | 702,970 | 1.43 | +0.13 | +10.00% |
| 2024-04-12 | 1,202,267 | 1.30 |
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
- Sector
- Real Estate
- Industry
- Investment and Services Development
- Address
- Niger House, 1-5 Odunlami Street, Lagos, Nigeria
- Telephone
- +234-901-000-3019, +234-901-000-3017, +234-704-652-9255
- info@updcplc.com
- Website
- updcplc.com