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 | |
|---|---|
| Opening Price | |
| Day’s Low Price | 2.95 |
| Day’s High Price | 3.02 |
| Traded Volume | 856,434 |
| Number of Deals | 221 |
| Gross Turnover | 2.54M |
| Growth & Valuation | |
|---|---|
| Earnings Per Share | |
| Price/Earning Ratio | |
| Dividend Per Share | |
| Dividend Yield | |
| Shares Outstanding | 1.49B |
| Market Capitalization | 4.45B |
FTB Stock Market Performance
| 1WK | 4WK | 3MO |
|---|---|---|
| -4.18% | -12.1% | -12.1% |
| 6MO | 1YR | YTD |
|---|---|---|
| -28.2% | -8.31% | -29.9% |
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.
| Date | Volume | Close | Change | Change% |
|---|---|---|---|---|
| 2022-05-25 | 856,434 | 2.98 | -0.04 | -1.32% |
| 2022-05-24 | 226,603 | 3.02 | -0.03 | -0.98% |
| 2022-05-23 | 2,005,589 | 3.05 | -0.09 | -2.87% |
| 2022-05-20 | 84,600 | 3.14 | ||
| 2022-05-19 | 9,934,774 | 3.14 | +0.03 | +0.96% |
| 2022-05-18 | 755,373 | 3.11 | -0.08 | -2.51% |
| 2022-05-17 | 1,209,631 | 3.19 | -0.01 | -0.31% |
| 2022-05-16 | 1,067,107 | 3.20 | -0.04 | -1.23% |
| 2022-05-13 | 1,382,573 | 3.24 | -0.05 | -1.52% |
| 2022-05-12 | 89,802 | 3.29 |
Profile of Fairvest Limited
Fairvest Limited operates in the Real Estate sector, specifically, the Real Estate Investment Trust industry.
Factsheet of Fairvest Limited
- Sector
- Real Estate
- Industry
- Real Estate Investment Trust
- Address
- 8th Floor, The Terraces, 34 Bree Street, Cape Town, 8001
- Telephone
- 021 276-0800
- Website
- www.fairvest.co.za
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.
| Code | Name | M. Cap. | Close | YTD |
|---|---|---|---|---|
| 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% |
| TDH | Tradehold Ltd | 3.03B | 11.61 | +10.1% |
| 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 |