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How to buy Boart Longyear shares
Own Boart Longyear shares in just a few minutes.
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Boart Longyear Limited is an oil & gas equipment & services business based in Australia. Boart Longyear shares (BLY) are listed on the Australian Securities Exchange (ASX) and all prices are listed in Australian Dollars. Boart Longyear has a trailing 12-month revenue of around $666.3 million.
How to buy shares in Boart Longyear
- 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.
- 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.
- Search for Boart Longyear. Find the share by name or ticker symbol: BLY. Research its history to confirm it's a solid investment against your financial goals.
- Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Boart Longyear reaches your desired price. To spread out your risk, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
- Decide on how many to buy. At today's price of $0.4, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs.
- Check in on your investment. Congratulations, you own a part of Boart Longyear. 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 Boart Longyear's share price?
Since the stock market crash in March caused by coronavirus, Boart Longyear's share price has had significant negative movement.
Its last market close was $0.4, which is 63.30% down on its pre-crash value of $1.09 and 0.00% up on the lowest point reached during the March crash when the shares fell as low as $0.4.
If you had bought $1,000 worth of Boart Longyear shares at the start of February 2020, those shares would have been worth $313.72 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 $261.44.
Boart Longyear share price
Use our graph to track the performance of BLY stocks over time.Boart Longyear shares at a glance
Information last updated 2020-10-20.
| 52-week range | $0.34 - $2.4 |
|---|---|
| 50-day moving average | $0.379 |
| 200-day moving average | $0.4825 |
| Target price | $0.1 |
| PE ratio | N/A |
| Dividend yield | N/A (0%) |
| Earnings per share (TTM) | $-0.001 |
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AUD 8
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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 Boart Longyear 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.
Boart Longyear price performance over time
Historical closes compared with the close of A$0.4 on 2020-10-22
| 1 week (2021-01-08) | -50.92% |
|---|---|
| 1 month (2020-12-16) | 14.29% |
| 3 months (2020-10-16) | 0% |
| 6 months (2020-07-16) | -2.44% |
| 1 year (2020-01-16) | -76.19% |
|---|---|
| 2 years (2019-01-16) | -70.37% |
| 3 years (2018-01-16) | -89.74% |
| 5 years (2016-01-15) | -97.66% |
Is Boart Longyear under- or over-valued?
Valuing Boart Longyear stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Boart Longyear's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Boart Longyear's EBITDA
Boart Longyear's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $56.8 million (£0.0 million).
The EBITDA is a measure of a Boart Longyear's overall financial performance and is widely used to measure a its profitability.
Boart Longyear financials
| Revenue TTM | $666.3 million |
|---|---|
| Operating margin TTM | 4.28% |
| Gross profit TTM | $143.9 million |
| Return on assets TTM | 2.76% |
| Return on equity TTM | 0% |
| Profit margin | -15.52% |
| Book value | -0.012 |
| Market capitalisation | $35.3 million |
TTM: trailing 12 months
Boart Longyear share dividends
We're not expecting Boart Longyear to pay a dividend over the next 12 months.
Have Boart Longyear's shares ever split?
Boart Longyear's shares were split on a 1:300 basis on 1 November 2019. So if you had owned 300 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 Boart Longyear shares – just the quantity. However, indirectly, the new 29900% higher share price could have impacted the market appetite for Boart Longyear shares which in turn could have impacted Boart Longyear's share price.
Boart Longyear share price volatility
Over the last 12 months, Boart Longyear's shares have ranged in value from as little as $0.34 up to $2.4. 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 Boart Longyear's is 2.3799. This would suggest that Boart Longyear's shares are significantly more volatile than the average for this exchange and represent a higher risk.
Boart Longyear overview
Boart Longyear Limited, together with its subsidiaries, provides drilling services, and drilling equipment and performance tooling for mining and mineral drilling companies in North America, Latin America, the Asia Pacific, Europe, and Africa. The company operates in two segments, Global Drilling Services and Global Products. It offers surface and underground coring; reverse circulation, rotary, directional, sonic, production, and water supply drilling; and dewatering and pump services for a range of commodities, such as copper, gold, nickel, zinc, uranium, and other metals and minerals. The company also provides underground exploration rigs, top drive coring drill rigs, chuck drive drills, and multipurpose drilling equipment; and underground and surface exploration tooling, such as coring rods, casings, subs, diamond products, and wireline systems. In addition, it offers underground rigs/rock drills, and underground and surface top hammer tooling for operating mines; and non-mining sonic rigs and tooling, and multipurpose rigs. Further, the company provides TruShot, a magnetic survey tool; TruCore, a core orientation system; and parts and services comprising maintenance support, training, commissioning, upgrades, and rig and safety assessment. It also operates My Drill Store, an online Web store. The company was founded in 1890 and is headquartered in Salt Lake City, Utah.
Frequently asked questions
Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, CFDs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading CFDs comes with a higher risk of losing money rapidly due to leverage. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.
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