How to buy Boom Logistics shares
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Boom Logistics Limited is an industrial distribution business based in Australia. Boom Logistics shares (BOL) are listed on the Australian Securities Exchange (ASX) and all prices are listed in Australian Dollars. Boom Logistics has a trailing 12-month revenue of around $185.5 million.
How to buy shares in Boom Logistics
- 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 Boom Logistics. Find the share by name or ticker symbol: BOL. 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 Boom Logistics 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 $0.125, 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 Boom Logistics. 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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What's in this guide?
How has coronavirus impacted Boom Logistics's share price?
Since the stock market crash in March caused by coronavirus, Boom Logistics's share price has had significant negative movement.
Its last market close was $0.125, which is 3.85% down on its pre-crash value of $0.13 and 73.61% up on the lowest point reached during the March crash when the shares fell as low as $0.072.
If you had bought $1,000 worth of Boom Logistics shares at the start of February 2020, those shares would have been worth $640.00 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 $1,000.00.
Boom Logistics share priceUse our graph to track the performance of BOL stocks over time.
Boom Logistics shares at a glance
|52-week range||$0.072 - $0.165|
|50-day moving average||$0.1112|
|200-day moving average||$0.099|
|Dividend yield||$0.01 (4.35%)|
|Earnings per share (TTM)||$-0.012|
Standard brokerage - Australian shares
Share Trading Account Offer
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
Important: Share trading carries risk of capital loss.
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Is it a good time to buy Boom Logistics 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.
Boom Logistics price performance over time
|1 week (2021-01-07)||-30.56%|
|1 month (2020-12-17)||-32.43%|
|3 months (2020-10-16)||8.70%|
|6 months (2020-07-17)||19.05%|
|1 year (2020-01-16)||-7.41%|
|2 years (2019-01-16)||-26.47%|
|3 years (2018-01-16)||-48.98%|
|5 years (2016-01-15)||48.81%|
Is Boom Logistics under- or over-valued?
Valuing Boom Logistics stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Boom Logistics's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Boom Logistics's EBITDA
Boom Logistics's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $10.6 million (£6 million).
The EBITDA is a measure of a Boom Logistics's overall financial performance and is widely used to measure a its profitability.
Boom Logistics financials
|Revenue TTM||$185.5 million|
|Gross profit TTM||$138.1 million|
|Return on assets TTM||-1.9%|
|Return on equity TTM||-13.61%|
|Market capitalisation||$49.2 million|
TTM: trailing 12 months
Boom Logistics share dividends
We're not expecting Boom Logistics to pay a dividend over the next 12 months.
Have Boom Logistics's shares ever split?
Boom Logistics's shares were split on 20 November 2009.
Boom Logistics share price volatility
Over the last 12 months, Boom Logistics's shares have ranged in value from as little as $0.072 up to $0.165. 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 Boom Logistics's is 1.2014. This would suggest that Boom Logistics's shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).
Boom Logistics overview
Boom Logistics Limited provides lifting solutions and specialized labor services to mining and resources, wind, energy and utilities, infrastructure and construction, industrial maintenance, and telecommunication sectors in Australia. The company operates in two segments, Lifting Solutions and Labour Hire. It offers mobile and crawler cranes for wet and dry hire with short term or long term hire facilities; travel towers and access equipment, and associated services; and project management services. The company also provides special hydraulic mobile cranes and low profile prime movers; access equipment, including boom lifts, knuckle booms, elevated work platforms, and travel towers. In addition, it offers heavy haulage vehicles to transport heavy and large equipment, as well as managed lifting solutions and engineering services. Further, the company provides skilled labors for a wide range of trades, such as electricians, boiler makers, mechanics, traditional crane and travel tower operators, riggers, and truck drivers. Its fleet comprises approximately 250 cranes and 100 travel towers. The company was formerly known as The Australian Crane Company and changed its name to Boom Logistics Limited in October 2003. Boom Logistics Limited was incorporated in 2000 and is based in Southbank, Australia.
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