Dar Global (LON:DAR) Trading Down 7.5% – Time to Sell?

Dar Global PLC (LON:DAR) dropped 7.5% during trading on Wednesday . The stock traded as low as GBX 5.55 ($0.07) and last traded at GBX 5.55 ($0.07). Approximately 311 shares traded hands during trading, a decline of 73% from the average daily volume of 1,141 shares. The stock had previously closed at GBX 6 ($0.07).

Dar Global Price Performance

The stock’s 50-day moving average is GBX 6.47 and its 200 day moving average is GBX 4.98. The company has a market cap of £9.99 million and a PE ratio of 138.75.

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.