Dar Global (LON:DAR) Trading Down 8.8% – Here’s Why

Dar Global PLC (LON:DAR)’s share price fell 8.8% during mid-day trading on Thursday . The stock traded as low as GBX 5.45 ($0.07) and last traded at GBX 5.45 ($0.07). 1,022 shares were traded during mid-day trading, a decline of 29% from the average session volume of 1,430 shares. The stock had previously closed at GBX 5.98 ($0.08).

Dar Global Stock Performance

The company’s fifty day moving average is GBX 6.91 and its 200-day moving average is GBX 5.26. The company has a market capitalization of £9.30 million and a PE ratio of 129.20.

About Dar Global

Dar Global is a highly differentiated international real estate business, focusing predominantly on developing real estate projects comprising second homes for internationally mobile customers who are less impacted by the macro-economic environment.

Collaborating with global luxury brands such as W Hotels, Missoni, Pagani and ELIE SAAB, we pride ourselves on delivering iconic living experiences across some of the most desirable locations across the Middle East and Europe, including downtown Dubai, Muscat in Oman and the Costa del Sol region in Southern Spain.