African Stock Exchanges

UPDCREIT - UPDC Real Estate Investment Trust

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UPDCREIT share price on Nigerian Stock ExchangeUPDCREIT share price on Nigerian Stock Exchange

UACN Property Development Company (UPDC) Plc 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 Real Estate Investment Trust is listed on the Nigerian Stock Exchange (NGX) since February 26th, 2008. UPDC Real Estate Investment Trust is traded on the NGX under the ticker symbol “UPDCREIT”. The International Securities Identification Number (ISIN) of NGX:UPDCREIT is NGUPDCREIT01. UPDC Real Estate Investment Trust is currently the 74th most valuable stock on the NGX with a market capitalization of NGN 13.6 billion, which is about 0.025% of the Nigerian Stock Exchange equity market.

UPDCREIT5.10 ▴ 0.10 (2%)
10 hours ago
Last Trading Results
Opening Price
Day’s Low Price4.50
Day’s High Price5.50
Traded Volume2.11M
Number of Deals57
Gross Turnover10.5M
Growth & Valuation
Earnings Per Share
Price/Earning Ratio
Dividend Per Share
Dividend Yield
Shares Outstanding2.67B
Market Capitalization13.6B
Monetary values are quoted in Nigerian Naira (NGN) unless otherwise stated

UPDCREIT Stock Market Performance

1WK4WK3MO
-8.11%-22.7%+14.6%
6MO1YRYTD
+39.7%+64.5%-20.3%

The current share price of UPDC Real Estate Investment Trust (UPDCREIT) is NGN 5.10. UPDCREIT closed its last trading day (Friday, March 1, 2024) at 5.10 NGN per share on the Nigerian Stock Exchange (NGX), recording a 2% gain over its previous closing price of 5.00 NGN. UPDC Real Estate Investment Trust began the year with a share price of 6.40 NGN but has since lost 20.3% off that price valuation, ranking it 146th on the NGX in terms of year-to-date performance. Shareholders’ worries are compounded by the fact that UPDCREIT has lost 23% of the stock’s value from February 2nd to date.

UPDC Real Estate Investment Trust is the 50th most traded stock on the Nigerian Stock Exchange over the past three months (Dec 1, 2023 - Mar 1, 2024). UPDCREIT has traded a total volume of 132 million shares—in 2,847 deals—valued at NGN 726 million over the period, with an average of 2.1 million traded shares per session. A volume high of 42 million was achieved on December 19th, and a low of 9,618 on December 22nd, for the same period. The table below details the last 10 trading days of activity of UPDC Real Estate Investment Trust on the Nigerian Stock Exchange.

DateVolumeCloseChangeChange%
2024-03-012,110,2805.10+0.10+2.00%
2024-02-29720,3905.00
2024-02-28793,1305.00-0.55-9.91%
2024-02-27115,5015.55
2024-02-2620,5305.55
2024-02-23439,8215.55
2024-02-22434,2335.55
2024-02-21468,1125.55+0.20+3.74%
2024-02-201,079,5165.35-0.55-9.32%
2024-02-1963,1135.90

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

Index of African Stock Exchanges:

  1. Botswana Stock Exchange
  2. BRVM Stock Exchange
  3. Ghana Stock Exchange
  4. Johannesburg Stock Exchange
  5. Lusaka Securities Exchange
  6. Malawi Stock Exchange
  7. Nairobi Securities Exchange
  8. Nigerian Stock Exchange
  9. Uganda Securities Exchange
  10. Zimbabwe Stock Exchange

Comments

  1. Emeh ChiziteremEmeh Chiziterem
    Jul 17, 2019 18:03 GMT

    Nice one. Please, can I get the stock prices from 2014- date.

    Thank you

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