How to buy Argo Global Listed Infrastructure shares | A$2.12

Argo Global Listed Infrastructure Limited is an asset management business based in Australia. Argo Global Listed Infrastructure shares (ALI) are listed on the Australian Securities Exchange (ASX) and all prices are listed in Australian Dollars. Its last market close was $2.12 – a decrease of 1.85% over the previous week. and has a market cap (total outstanding shares value) of $330.8 million.

How to buy shares in Argo Global Listed Infrastructure

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 Argo Global Listed Infrastructure. Find the share by name or ticker symbol: ALI. 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 Argo Global Listed Infrastructure 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 $2.12, 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 Argo Global Listed Infrastructure. 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.

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How has coronavirus impacted Argo Global Listed Infrastructure's share price?

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

Its last market close was $2.12, which is 19.39% down on its pre-crash value of $2.63 and 39.47% up on the lowest point reached during the March crash when the shares fell as low as $1.52.

If you had bought $1,000 worth of Argo Global Listed Infrastructure shares at the start of February 2020, those shares would have been worth $646.59 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 $851.41.

Argo Global Listed Infrastructure share price

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

Argo Global Listed Infrastructure shares at a glance

• Key figures

Information last updated 2020-10-20.

Latest market close	AUDA$2.12
52-week range	AUDA$1.52 - AUDA$2.77
50-day moving average	AUDA$2.1108
200-day moving average	AUDA$2.1255
Target price	N/A
PE ratio	5.4583
Dividend yield	AUDA$0.07 (3.52%)
Earnings per share (TTM)	AUDA$0.388

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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 Argo Global Listed Infrastructure 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 Argo Global Listed Infrastructure Limited by TradingView

Argo Global Listed Infrastructure price performance over time

Historical closes compared with the close of A$2.12 on 2020-10-22

1 week (2020-10-15)	0.47%
1 month (2020-09-25)	1.92%
3 months (2020-07-24)	-6.19%
6 months (2020-04-24)	-9.01%

1 year (2019-10-24)	-12.40%
2 years (2018-10-24)	10.99%
3 years (2017-10-24)	19.77%
5 years (2015-10-23)	12.47%

Is Argo Global Listed Infrastructure under- or over-valued?

Valuing Argo Global Listed Infrastructure stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Argo Global Listed Infrastructure's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Argo Global Listed Infrastructure's P/E ratio

Argo Global Listed Infrastructure's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 5x. In other words, Argo Global Listed Infrastructure shares trade at around 5x recent earnings.

That's relatively low compared to, say, the P/E ratio for the ASX over the 12 months to December 2019 (32.14). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

Argo Global Listed Infrastructure financials

Operating margin TTM	164.76%
Gross profit TTM	$-7,444,000
Return on assets TTM	-2.2%
Return on equity TTM	-2.83%
Profit margin	0%
Book value	2.258
Market capitalisation	$330.8 million

TTM: trailing 12 months

Argo Global Listed Infrastructure share dividends

We're not expecting Argo Global Listed Infrastructure to pay a dividend over the next 12 months.

Argo Global Listed Infrastructure share price volatility

Over the last 12 months, Argo Global Listed Infrastructure's shares have ranged in value from as little as $1.52 up to $2.77. 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 Argo Global Listed Infrastructure's is 0.6078. This would suggest that Argo Global Listed Infrastructure's shares are less volatile than average (for this exchange).

Argo Global Listed Infrastructure overview

Argo Global Listed Infrastructure Limited is a closed ended balanced mutual fund launched and managed by Argo Service Company Pty Ltd. The fund is co-managed by Cohen & Steers Capital Management, Inc. It invests in public equity and fixed income markets across the globe. The fund invests in the infrastructure sector. Argo Global Listed Infrastructure Limited was launched on May 20, 2015 and is domiciled in Australia.

Frequently asked questions

• What percentage of Argo Global Listed Infrastructure is owned by insiders or institutions?

  Currently 5.208% of Argo Global Listed Infrastructure shares are held by insiders and 9.411% by institutions.

• When does the fiscal year end for Argo Global Listed Infrastructure?

  Argo Global Listed Infrastructure's fiscal year ends in June.

• Where is Argo Global Listed Infrastructure based?

  Argo Global Listed Infrastructure's address is: , Adelaide, SA, Australia, 5000