Previous Close | 8.24 |
Open | 8.24 |
Bid | 0.00 x 0 |
Ask | 0.00 x 0 |
Day's Range | 8.24 - 8.24 |
52 Week Range | 5.65 - 9.01 |
Volume | 1 |
Avg. Volume | 1 |
Market Cap | 4.919B |
Beta (5Y Monthly) | 0.29 |
PE Ratio (TTM) | 11.96 |
EPS (TTM) | 0.69 |
Earnings Date | N/A |
Forward Dividend & Yield | 0.28 (3.34%) |
Ex-Dividend Date | Sep 30, 2020 |
1y Target Est | N/A |
After a losing bet on the potential of economies across the African continent, South African retailers are in retreat to their home market - and their timing could hardly be worse. In recession-hit South Africa, consumer spending is shrinking as unemployment has hit a record high. At the same time, foreign rivals, possibly helped next year by the opening of the African Continental Free Trade Area (AfCTA), could find profits in the very markets South African players have had to abandon.
The ratings on the six P&I classes were affirmed because the transaction's key metrics, including Moody's loan-to-value (LTV) ratio, Moody's stressed debt service coverage ratio (DSCR) and the transaction's Herfindahl Index (Herf), are within acceptable ranges. The rating on the IO class, Cl. X-A, was affirmed based on the credit quality of its referenced class.
Moody's Investors Service, ("Moody's") has affirmed the ratings on ten classes and downgraded ratings on two classes in WFRBS Commercial Mortgage Trust 2014-C24, Commercial Mortgage Pass-Through Certificates Series 2014-C24. The ratings on six pooled P&I classes, Cl. A-3 through Cl. B, were affirmed because the transaction's key metrics, including Moody's loan-to-value (LTV) ratio, Moody's stressed debt service coverage ratio (DSCR) and the transaction's Herfindahl Index (Herf), are within acceptable ranges.