How to buy BidEnergy shares | A$1.02

BidEnergy Limited is a software—application business based in Australia. BidEnergy shares (BID) are listed on the Australian Securities Exchange (ASX) and all prices are listed in Australian Dollars. Its last market close was $1.02 – an increase of 0.49% over the previous week. BidEnergy has a trailing 12-month revenue of around $9.4 million.

How to buy shares in BidEnergy

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 BidEnergy. Find the share by name or ticker symbol: BID. 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 BidEnergy 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 $1.02, 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 BidEnergy. 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 BidEnergy's share price?

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

Its last market close was $1.02, which is 15.00% down on its pre-crash value of $1.2 and 161.54% up on the lowest point reached during the March crash when the shares fell as low as $0.39.

If you had bought $1,000 worth of BidEnergy shares at the start of February 2020, those shares would have been worth $390.48 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 $971.43.

BidEnergy share price

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

BidEnergy shares at a glance

• Key figures

Information last updated 2020-09-22.

Latest market close	AUDA$1.02
52-week range	AUDA$0.39 - AUDA$1.39
50-day moving average	AUDA$0.9567
200-day moving average	AUDA$0.7622
Target price	AUDA$0.51
PE ratio	N/A
Dividend yield	N/A (0%)
Earnings per share (TTM)	AUDA$-0.06

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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 BidEnergy 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 BidEnergy Limited by TradingView

BidEnergy price performance over time

Historical closes compared with the last close of A$1.02

1 week (2020-09-12)	N/A
1 month (2020-08-21)	2.00%
3 months (2020-06-19)	67.21%
6 months (2020-03-23)	148.78%

1 year (2019-09-20)	70.00%
2 years (2018-09-21)	-11.76%
3 years (2017-09-21)	500.00%
5 years (2015-09-21)	38.89%

BidEnergy financials

Revenue TTM	$9.4 million
Gross profit TTM	$-719,268
Return on assets TTM	-45.48%
Return on equity TTM	-93.03%
Profit margin	-73.61%
Book value	0.068
Market capitalisation	$131 million

TTM: trailing 12 months

BidEnergy share dividends

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

Have BidEnergy's shares ever split?

BidEnergy's shares were split on a 1:6 basis on 28 November 2018. So if you had owned 6 shares the day before before the split, the next day you'd have owned 1 share. This wouldn't directly have changed the overall worth of your BidEnergy shares – just the quantity. However, indirectly, the new 500% higher share price could have impacted the market appetite for BidEnergy shares which in turn could have impacted BidEnergy's share price.

BidEnergy share price volatility

Over the last 12 months, BidEnergy's shares have ranged in value from as little as $0.39 up to $1.39. 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 BidEnergy's is 1.7733. This would suggest that BidEnergy's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).

BidEnergy overview

BidEnergy Limited provides energy spend management services through its cloud-based software platform in Australia, the United Kingdom, and the United States. It offers utility bill expense management and rebate administration services. The company also operates utility bill portal for water utilities, energy retailers, telecommunication companies; and provides utility bill concierge, a B2B2B solution. BidEnergy Limited is headquartered in Melbourne, Australia.

Frequently asked questions

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

  Currently 31.985% of BidEnergy shares are held by insiders and 6.865% by institutions.

• When does the fiscal year end for BidEnergy?

  BidEnergy's fiscal year ends in June.

• Where is BidEnergy based?

  BidEnergy's address is: 15 William Street, Melbourne, VIC, Australia, 3000

• What is BidEnergy's ISIN number?

  BidEnergy's international securities identification number is: AU000000BID8