How to buy 8common shares | A$0.115

8common Limited is a software—application business based in Australia. 8common shares (8CO) are listed on the Australian Securities Exchange (ASX) and all prices are listed in Australian Dollars. Its last market close was $0.115 – the same closing value as a week prior. 8common has a trailing 12-month revenue of around $3.8 million.

How to buy shares in 8common

1. Compare share trading platforms. To buy shares listed in Australia, you'll need to sign up to a broker with access to the Australian Securities Exchange (ASX). Our table below can help you choose.
2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and tax file number. Fund your account with a bank transfer, PayPal or debit card.
3. Search for 8common. Find the share by name or ticker symbol: 8CO. Research its history to confirm it's a solid investment against your financial goals.
4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until 8common reaches your desired price. To spread out your risk, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
5. Decide on how many to buy. At today's price of $0.115, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs.
6. Check in on your investment. Congratulations, you own a part of 8common. Optimise your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

How has coronavirus impacted 8common's share price?

Since the stock market crash in March caused by coronavirus, 8common's share price has had significant positive movement.

Its last market close was $0.115, which is 30.43% up on its pre-crash value of $0.08 and 155.56% up on the lowest point reached during the March crash when the shares fell as low as $0.045.

If you had bought $1,000 worth of 8common shares at the start of February 2020, those shares would have been worth $576.92 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth $1,474.36.

8common share price

Use our graph to track the performance of 8CO stocks over time.

8common shares at a glance

• Key figures

Information last updated 2020-09-25.

Latest market close	AUDA$0.115
52-week range	AUDA$0.045 - AUDA$0.165
50-day moving average	AUDA$0.1015
200-day moving average	AUDA$0.0719
Target price	N/A
PE ratio	N/A
Dividend yield	N/A (0%)
Earnings per share (TTM)	AUDA$-0.009

Share Trading Account Offer

IG Share Trading Offer

AUD 8

Standard brokerage - Australian shares

Share Trading Account Offer

Competitive broker fees on Australian and international shares

• Brokerage - AU shares: From AUD 5 or 0.05%
• Brokerage - US shares: USD 0
• Sign-up process: Instant
• Support - After hours: Yes

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Important: Share trading carries risk of capital loss.

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The value of your investments can fall as well as rise and you may get back less than you invested. Past performance is no indication of future results.

Is it a good time to buy 8common stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Technical Analysis of 8common Limited by TradingView

8common price performance over time

Historical closes compared with the close of A$0.115 on 2020-09-29

1 week (2020-09-23)	0%
1 month (2020-08-28)	0%
3 months (2020-06-30)	82.54%
6 months (2020-03-30)	130.00%

1 year (2019-09-30)	19.79%
2 years (2018-09-26)	167.44%
3 years (2017-09-26)	N/A
5 years (2015-09-26)	N/A

8common financials

Revenue TTM	$3.8 million
Gross profit TTM	$445,214
Return on assets TTM	-4.34%
Return on equity TTM	-15.51%
Profit margin	-21.39%
Book value	0.024
Market capitalisation	$20.1 million

TTM: trailing 12 months

8common share dividends

We're not expecting 8common to pay a dividend over the next 12 months.

8common share price volatility

Over the last 12 months, 8common's shares have ranged in value from as little as $0.045 up to $0.165. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (AU average) beta is 1, while 8common's is 1.0765. This would suggest that 8common's shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).

8common overview

8common Limited develops and distributes software solutions in Australia, Asia, North America, and internationally. It offers Expense8, a travel and expense management software solution that manages and streamlines the end-to-end processing of employee generated expenses; and Perform8, a survey and action planning solution that diagnoses and prioritizes areas for improvement across its business, as well as Payhero that enables one-time and subscription customer billing to be managed in one place. It serves publically listed companies, global corporations, and local and national governments. 8common Limited was founded in 2014 and is headquartered in Sydney, Australia.

Frequently asked questions

• What percentage of 8common is owned by insiders or institutions?

  Currently 64.738% of 8common shares are held by insiders and 1.025% by institutions.

• When does the fiscal year end for 8common?

  8common's fiscal year ends in June.

• Where is 8common based?

  8common's address is: 383 George Street, Sydney, NSW, Australia, 2000

• What is 8common's ISIN number?

  8common's international securities identification number is: AU0000008CO0