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CoAssets is a credit services business based in Australia. CoAssets shares (CA8) are listed on the Australian Securities Exchange (ASX) and all prices are in Australian dollars. CoAssets has a market cap (total outstanding shares value) of $13.4 million. If you're looking to buy shares, check out the steps below.
How to buy shares in CoAssets
- Compare share trading platforms. To buy shares listed in Australia, you'll need to sign up to a broker with access to the ASX. Our table can help you choose.
- Open and fund your brokerage account. Complete an application with your personal and financial details, such as your ID and tax file number. Fund your account with a bank transfer, PayPal or debit card.
- Search for CoAssets. Find the share by name or ticker symbol: CA8. 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 CoAssets reaches your desired price. Look into dollar-cost averaging to spread out your risk, 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 on your investment. Congratulations, you own a part of CoAssets. Optimise your portfolio by tracking how your stock and 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 affect your stock.
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CoAssets stock price (ASX:CA8)
Use our graph to track the performance of CA8 stocks over time.CoAssets shares at a glance
Information last updated 2021-01-23.
| 52-week range | $0 - $0 |
|---|---|
| 50-day moving average | $0.065 |
| 200-day moving average | $0.065 |
| Target price | N/A |
| PE ratio | 6.8421 |
| Dividend yield | N/A (0%) |
| Earnings per share (TTM) | $0.007 |
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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.
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Is it a good time to buy CoAssets stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. However, this is not a recommendation. 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.
Is CoAssets under- or over-valued?
Valuing CoAssets stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of CoAssets's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
CoAssets's P/E ratio
CoAssets's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 7x. In other words, CoAssets shares trade at around 7x 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.
CoAssets financials
| Gross profit TTM | $4.2 million |
|---|---|
| Return on assets TTM | -0.7% |
| Return on equity TTM | -26.02% |
| Profit margin | -24.67% |
| Book value | 0.044 |
| Market capitalisation | $13.4 million |
TTM: trailing 12 months
CoAssets share dividends
We're not expecting CoAssets to pay a dividend over the next 12 months.
CoAssets share price volatility
Over the last 12 months, CoAssets's shares have ranged in value from as little as $0 up to $0. A popular way to gauge a stock's volatility is its "beta".
Beta measures a share's volatility in relation to the market. The market (AU average) beta is 1, while CoAssets's is 0.3827. This would suggest that CoAssets's shares are less volatile than average (for this exchange).
CoAssets overview
CoAssets Limited provides funds through crowdfunding or on-balance sheet borrowing and lending in Singapore and China. It also offers financial technology advisory services. CoAssets Limited was founded in 2013 and is based in Singapore.
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CoAssets in the news
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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