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.
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UPDC Stock Market Performance
The current share price of UPDC Plc (UPDC) is NGN 1.17. UPDC closed its last trading day (Friday, January 21, 2022) at 1.17 NGN per share on the Nigerian Stock Exchange (NGX). UPDC began the year with a share price of 1.19 NGN but has since lost 1.68% off that price valuation, ranking it 66th on the NGX in terms of year-to-date performance.
UPDC is the 39th most traded stock on the Nigerian Stock Exchange over the past three months (Oct 22, 2021 - Jan 21, 2022). UPDC has traded a total volume of 105 million shares—in 1,595 deals—valued at NGN 130 million over the period, with an average of 1.67 million traded shares per session. A volume high of 8.33 million was achieved on December 1st, and a low of 8,900 on November 15th, 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