How to buy Adherium shares | A$0.03

Adherium Limited is a medical devices business based in Australia. Adherium shares (ADR) are listed on the Australian Securities Exchange (ASX) and all prices are listed in Australian Dollars. Its last market close was $0.03 – a decrease of 14.29% over the previous week. Adherium has a trailing 12-month revenue of around $2.2 million.

How to buy shares in Adherium

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 Adherium. Find the share by name or ticker symbol: ADR. 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 Adherium 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 $0.03, 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 Adherium. 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 Adherium's share price?

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

Its last market close was $0.03, which is 6.25% down on its pre-crash value of $0.032 and 150.00% up on the lowest point reached during the March crash when the shares fell as low as $0.012.

If you had bought $1,000 worth of Adherium shares at the start of February 2020, those shares would have been worth $472.22 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 $833.33.

Adherium share price

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

Adherium shares at a glance

• Key figures

Information last updated 2020-09-25.

Latest market close	AUDA$0.03
52-week range	AUDA$0.011 - AUDA$0.064
50-day moving average	AUDA$0.0328
200-day moving average	AUDA$0.0268
Target price	AUDA$0.53
PE ratio	N/A
Dividend yield	N/A (0%)
Earnings per share (TTM)	AUDA$-0.068

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AUD 8

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• Brokerage - AU shares: From AUD 5 or 0.05%
• Brokerage - US shares: USD 0
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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 Adherium 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 Adherium Limited by TradingView

Adherium price performance over time

Historical closes compared with the close of A$0.03 on 2020-09-29

1 week (2020-09-23)	-14.29%
1 month (2020-08-28)	-33.33%
3 months (2020-06-30)	25.00%
6 months (2020-03-30)	87.50%

1 year (2019-09-30)	20.00%
2 years (2018-09-27)	-62.96%
3 years (2017-09-29)	-76.92%
5 years (2015-09-30)	-95.16%

Adherium financials

Revenue TTM	$2.2 million
Gross profit TTM	$1.4 million
Return on assets TTM	-122.45%
Return on equity TTM	-540.91%
Profit margin	0%
Book value	0.006
Market capitalisation	$18.6 million

TTM: trailing 12 months

Adherium share dividends

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

Adherium share price volatility

Over the last 12 months, Adherium's shares have ranged in value from as little as $0.011 up to $0.064. 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 Adherium's is 1.9259. This would suggest that Adherium's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).

Adherium overview

Adherium Limited develops, manufactures, and supplies digital health technologies that address sub-optimal medication use in chronic diseases in New Zealand, Australia, Europe, North America, and Asia. It offers Hailie, an asthma and COPD medication adherence solution for patients with chronic respiratory diseases. The company also provides a range of smart device sensors for respiratory medications, such as Bluetooth enabled Hailie sensors wrap around a patient's existing inhalers and automatically send usage data to their smartphone; and Hailie app that enables patients, caregivers, and healthcare professionals to track medication adherence, set daily reminders, and discover insights into their medication usage. It offers its digital health solutions to patients, pharmaceutical companies, healthcare providers, and contract research organizations. The company has a collaboration with HGE Health in COPD. The company was founded in 2001 and is headquartered in Auckland, New Zealand.

Frequently asked questions

• What percentage of Adherium is owned by insiders or institutions?

  Currently 60.585% of Adherium shares are held by insiders and 11.795% by institutions.

• When does the fiscal year end for Adherium?

  Adherium's fiscal year ends in June.

• Where is Adherium based?

  Adherium's address is: 16 Kingston Street, Auckland, New Zealand, 1010

• What is Adherium's ISIN number?

  Adherium's international securities identification number is: AU000000ADR1