How to buy CoAssets shares

CoAssets Limited is a credit services business based in Australia. CoAssets shares (CA8) are listed on the Australian Securities Exchange (ASX) and all prices are listed in Australian Dollars. and has a market cap (total outstanding shares value) of $13.4 million.

How to buy shares in CoAssets

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 CoAssets. Find the share by name or ticker symbol: CA8. 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 CoAssets 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 $N/A, 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 CoAssets. 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.

CoAssets share price

Use our graph to track the performance of CA8 stocks over time.

CoAssets shares at a glance

• Key figures

Information last updated 2020-07-19.

52-week range	AUDA$0.065 - AUDA$0.086
50-day moving average	AUDA$0.065
200-day moving average	AUDA$0.065
Target price	N/A
PE ratio	6.8421
Dividend yield	N/A (0%)
Earnings per share (TTM)	AUDA$0.007

Share Trading Account Offer

IG Share Trading Offer

AUD 8

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

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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 CoAssets 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 CoAssets Limited by TradingView

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 $0.065 up to $0.086. 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 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.

Frequently asked questions

• What percentage of CoAssets is owned by insiders?

  Currently 77.833% of CoAssets shares are held by insiders.

• When does the fiscal year end for CoAssets?

  CoAssets's fiscal year ends in June.

• Where is CoAssets based?

  CoAssets's address is: 6 Shenton Way, Singapore, Singapore, 068809

• What is CoAssets's ISIN number?

  CoAssets's international securities identification number is: AU000000CA89