|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||11.60 - 11.60|
|52 Week Range||8.34 - 15.53|
|Beta (5Y Monthly)||1.08|
|PE Ratio (TTM)||8.02|
|Forward Dividend & Yield||0.30 (2.57%)|
|Ex-Dividend Date||Mar 27, 2020|
|1y Target Est||N/A|
At the same time, Moody's has changed the outlook on the rating to negative from ratings under review. "The confirmation of Motherson's rating reflects our view that while the challenges brought by the coronavirus pandemic will keep the company's credit profile weak in the fiscal year ending March 2021 (fiscal 2021), its financial metrics should start to recover the following year," says Kaustubh Chaubal, a Moody's Vice President and Senior Credit Officer.
Moody's Investors Service has assigned a Ba1 corporate family rating (CFR) to Motherson Sumi Systems Limited and has withdrawn the company's Baa3 issuer rating. At the same time, Moody's has placed the Ba1 CFR under review for further downgrade. "The rapid and widening spread of the coronavirus outbreak is creating a severe and extensive credit shock for Motherson," says Kaustubh Chaubal, a Moody's Vice President and Senior Credit Officer.
Moody's Japan K.K. has affirmed Sumitomo Electric Industries, Ltd.'s (SEI) A1 issuer rating. At the same time, Moody's has changed the outlook on the rating to negative from stable. "Sumitomo Electric faces declining profitability due to weak revenue growth prospects and pricing pressure in its main automotive segment," says Akifumi Fukushi, a Moody's Vice President and Senior Analyst.