UPDCREIT - UPDC Real Estate Investment Trust
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 83rd most valuable stock on the NGX with a market capitalization of NGN 13.6 billion, which is about 0.023% of the Nigerian Stock Exchange equity market.
| Last Trading Results | |
|---|---|
| Opening Price | |
| Day’s Low Price | 5.10 |
| Day’s High Price | 5.10 |
| Traded Volume | 716,068 |
| Number of Deals | 34 |
| Gross Turnover | 3.65M |
| Growth & Valuation | |
|---|---|
| Earnings Per Share | |
| Price/Earning Ratio | |
| Dividend Per Share | |
| Dividend Yield | |
| Shares Outstanding | 2.67B |
| Market Capitalization | 13.6B |
UPDCREIT Stock Market Performance
| 1WK | 4WK | 3MO |
|---|---|---|
| -6.42% | -1.92% | +10.9% |
| 6MO | 1YR | YTD |
|---|---|---|
| +24.4% | +37.8% | -20.3% |
The current share price of UPDC Real Estate Investment Trust (UPDCREIT) is NGN 5.10. UPDCREIT closed its last trading day (Thursday, November 21, 2024) at 5.10 NGN per share on the Nigerian Stock Exchange (NGX), recording a 1% drop from its previous closing price of 5.15 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 138th on the NGX in terms of year-to-date performance.
UPDC Real Estate Investment Trust is the 75th most traded stock on the Nigerian Stock Exchange over the past three months (Aug 23 - Nov 21, 2024). UPDCREIT has traded a total volume of 32.2 million shares—in 2,115 deals—valued at NGN 165 million over the period, with an average of 511,501 traded shares per session. A volume high of 2.97 million was achieved on September 10th, and a low of 29,883 on November 14th, 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.
| Date | Volume | Close | Change | Change% |
|---|---|---|---|---|
| 2024-11-21 | 716,068 | 5.10 | -0.05 | -0.97% |
| 2024-11-20 | 471,613 | 5.15 | ||
| 2024-11-19 | 746,829 | 5.15 | ||
| 2024-11-18 | 189,006 | 5.15 | ||
| 2024-11-15 | 436,610 | 5.15 | -0.30 | -5.50% |
| 2024-11-14 | 29,883 | 5.45 | ||
| 2024-11-13 | 336,689 | 5.45 | ||
| 2024-11-12 | 274,195 | 5.45 | ||
| 2024-11-11 | 221,218 | 5.45 | ||
| 2024-11-08 | 1,593,616 | 5.45 |
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
UPDCREIT Industrial Market Competitors
UPDC Plc, issuers of the UPDCREIT and UPDC Plc (+14.84%) 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% |
