How to buy Boart Longyear (BLY) shares
Learn how to easily invest in Boart Longyear shares.
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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 in Australian Dollars. Boart Longyear has a trailing 12-month revenue of around $795.1 million. If you're looking to buy shares, check out the steps below.
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, 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.
What's in this guide?
Boart Longyear stock price (ASX:BLY)Use our graph to track the performance of BLY stocks over time.
Boart Longyear shares at a glance
|52-week range||$0.255 - $1.195|
|50-day moving average||$0.4473|
|200-day moving average||$0.4442|
|Dividend yield||N/A (0%)|
|Earnings per share (TTM)||$-1.164|
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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
|1 week (2021-09-17)||-38.79%|
|1 month (2021-08-24)||-38.79%|
|3 months (2021-06-24)||1,063.93%|
|6 months (2021-03-24)||517.39%|
|1 year (2020-09-24)||-54.49%|
|2 years (2019-09-24)||-99.97%|
|3 years (2018-09-24)||-99.96%|
|5 years (2016-09-23)||-100.00%|
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 $75.3 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||$795.1 million|
|Operating margin TTM||5.4%|
|Gross profit TTM||$103 million|
|Return on assets TTM||4.18%|
|Return on equity TTM||0%|
|Market capitalisation||$25.7 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 31 October 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 $0.255 up to $1.195. 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 1.4019. This would suggest that Boart Longyear's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).
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, the Middle East, and Africa. The company operates through 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 coring drills, and multipurpose drilling equipment; and underground and surface exploration tooling, such as coring rods, drill 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 and tooling. Further, the company provides TruShot, electronic magnetic survey instrument; TruCore, an electronic core orientation tool; TruSub, a drill rig performance monitoring technology; TruScan, a geological sample field screening technology; 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.
Boart Longyear in the news
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