Dar Global (LON:DAR) Shares Down 8.8% – What’s Next?

Dar Global PLC (LON:DAR) 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). Approximately 1,022 shares changed hands during trading, a decline of 29% from the average daily volume of 1,430 shares. The stock had previously closed at GBX 5.98 ($0.08).

Dar Global Stock Performance

The stock has a market cap of £9.95 million and a P/E ratio of 138.13. The business’s fifty day simple moving average is GBX 6.90 and its 200 day simple moving average is GBX 5.25.

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.