Is African Equity stock a buy?
What Is The Conclusion?
Right now our advanced algorithms say:
Do the analyst corps agree?
Interesting Questions and Easy Answers!
Yes, African Equity pays dividends. Last time was Monday 3rd of January 2022 where the investors holding the stock on Wednesday 29th of December 2021 were paid ZAC10 per share. Over the last 13 times between 2015 and 2021, African Equity has paid ZAC117.6 with an average of ZAC9.05 per share.
Sorry, we do not have any analyst data for this ticker
We cannot find data for African Equity 10 years ago, but if you had invested on Monday 9th of September 2019 when the price was ZAC150.00, you would have made a loss of ZAC-38.00 per share or -25.33%
Yes, the average daily trading liquidity for African Equity is ZAC42 708 thousand. You should therefore be able to get in and out of your positions relatively fast.
African Equity has little of the business financed by loans. This puts the company at lower risk in periods of high inflation where borrowing costs usually go up. The company is still not profitable, and high inflation will make it harder to become profitable as costs increase and consumer spending decreases.
We have calculated the inflation risk for African Equity to be medium [0.7 of 1]
US inflation for July 2024 was 0.15%. Over the last 12 months, the US inflation is 2.92%. The 10-year treasury yield that indicates the future interest level is currently 3.72 and is down -0.95 over the last 30 days.