FTB - Fairvest Ltd B Shares
Fairvest Limited is a property investment holding company listed in the Real Estate Investment Trust sector of the JSE Limited as a Retail REIT. Fairvest’s objective is to build a retail-focused property fund weighted toward non-metropolitan shopping centres including convenience, community and regional shopping centres, servicing the lower LSM market, in high-growth nodes close to commuter networks.
Fairvest Ltd B Shares is listed on the Johannesburg Stock Exchange (JSE). Fairvest Ltd B Shares is traded on the JSE under the ticker symbol “FTB”. The International Securities Identification Number (ISIN) of JSE:FTB is ZAE000304796. Fairvest Ltd B Shares is currently the 165th most valuable stock on the JSE with a market capitalization of ZAR 4.45 billion, which makes about 0.023% of the Johannesburg Stock Exchange equity market.
|Last Trading Results|
|Day’s Low Price||2.95|
|Day’s High Price||3.02|
|Number of Deals||221|
|Growth & Valuation|
|Earnings Per Share|
|Dividend Per Share|
FTB Stock Market Performance
The current share price of Fairvest Ltd B Shares (FTB) is ZAR 2.98. FTB closed its last trading day (Wednesday, May 25, 2022) at 2.98 ZAR per share on the Johannesburg Stock Exchange (JSE), recording a 1.3% drop from its previous closing price of 3.02 ZAR. Fairvest Ltd B Shares began the year with a share price of 4.25 ZAR but has since lost 29.9% off that price valuation, ranking it 383rd on the JSE in terms of year-to-date performance. Shareholders’ worries are compounded by the fact that FTB has lost 12% of the stock’s value from April 25th to date.
Fairvest Ltd B Shares is the 49th most traded stock on the Johannesburg Stock Exchange over the past three months (Feb 21 - May 25, 2022). FTB has traded a total volume of 110 million shares—in 8,869 deals—valued at ZAR 361 million over the period, with an average of 1.75 million traded shares per session. A volume high of 28 million was achieved on March 1st, and a low of 47,842 on April 20th, for the same period. The table below details the last 10 trading days of activity of Fairvest Ltd B Shares on the Johannesburg Stock Exchange.
Profile of Fairvest Limited
Fairvest Limited operates in the Real Estate sector, specifically, the Real Estate Investment Trust industry.
Factsheet of Fairvest Limited
- Real Estate
- Real Estate Investment Trust
- 8th Floor, The Terraces, 34 Bree Street, Cape Town, 8001
- 021 276-0800
FTB Industrial Market Competitors
Fairvest Limited, issuers of the FTB and Fairvest Ltd A Shares (-8.75%) stocks on the Johannesburg Stock Exchange, have a number of market competitors who are also engaged in the Real Estate sector and/or Real Estate Investment Trust industry. The table below presents an overview of the market standing of the top 10 by year-to-date performance.
|APO||aReit Prop Ltd||749M||7.49||+24.8%|
|FFB||Fortress REIT Ltd B||8.8B||3.85||+18.5%|
|DKR||Deutsche Konsum REIT-AG||854M||24.28||+18.4%|
|DIA||Dipula Income Fund A||5.24B||9.90||+10.5%|
|DIB||Dipula Income Fund B||2.32B||4.39||+9.75%|
|IAP||Investec Australia Property Fund||14B||20.71||+7.75%|
|VKE||Vukile Property Fund Ltd||12.5B||12.80||+3.48%|
|GTC||Globe Trade Centre S.A.||11.5B||20.00|
|EXP||Exemplar REITail Ltd||3.19B||9.60|