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 66th most valuable stock on the NGX with a market capitalization of NGN 27.3 billion, which is about 0.046% of the Nigerian Stock Exchange equity market.
| Last Trading Results | |
|---|---|
| Opening Price | |
| Day’s Low Price | 1.47 |
| Day’s High Price | 1.47 |
| Traded Volume | 479,370 |
| Number of Deals | 25 |
| Gross Turnover | 692,398.90 |
| Growth & Valuation | |
|---|---|
| Earnings Per Share | |
| Price/Earning Ratio | |
| Dividend Per Share | |
| Dividend Yield | |
| Shares Outstanding | 18.6B |
| Market Capitalization | 27.3B |
UPDC Stock Market Performance
| 1WK | 4WK | 3MO |
|---|---|---|
| -2% | -7.55% | +14.8% |
| 6MO | 1YR | YTD |
|---|---|---|
| +18.6% | +27.8% | +14.8% |
The current share price of UPDC Plc (UPDC) is NGN 1.47. UPDC closed its last trading day (Thursday, November 21, 2024) at 1.47 NGN per share on the Nigerian Stock Exchange (NGX), recording a 1.4% gain over its previous closing price of 1.45 NGN. UPDC began the year with a share price of 1.28 NGN and has since gained 14.8% on that price valuation, ranking it 75th 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 40th most traded stock on the Nigerian Stock Exchange over the past three months (Aug 23 - Nov 21, 2024). UPDC has traded a total volume of 159 million shares—in 2,932 deals—valued at NGN 261 million over the period, with an average of 2.52 million traded shares per session. A volume high of 18.2 million was achieved on September 18th, and a low of 142,132 on October 11th, 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% |
|---|---|---|---|---|
| 2024-11-21 | 479,370 | 1.47 | +0.02 | +1.38% |
| 2024-11-20 | 348,895 | 1.45 | ||
| 2024-11-19 | 1,317,186 | 1.45 | +0.02 | +1.40% |
| 2024-11-18 | 1,467,733 | 1.43 | -0.05 | -3.38% |
| 2024-11-15 | 1,238,199 | 1.48 | -0.02 | -1.33% |
| 2024-11-14 | 2,340,382 | 1.50 | +0.03 | +2.04% |
| 2024-11-13 | 426,941 | 1.47 | ||
| 2024-11-12 | 1,164,853 | 1.47 | -0.04 | -2.65% |
| 2024-11-11 | 369,689 | 1.51 | +0.02 | +1.34% |
| 2024-11-08 | 644,386 | 1.49 |
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
UPDC Industrial Market Competitors
UPDC Plc, issuers of the UPDC and UPDC Real Estate Investment Trust (-20.31%) stocks on the Nigerian Stock Exchange, have one market competitor who is also engaged in the Real Estate sector and/or Investment and Services Development industry. The table below presents an overview of their market standing.
| Code | Name | M. Cap. | Close | YTD |
|---|---|---|---|---|
| HMCALL | Haldane McCall | 14.5B | 4.64 | +9.95% |