How to buy Cronos Australia shares | A$0.089

Cronos Australia Limited is a drug manufacturers—specialty & generic business based in Australia. Cronos Australia shares (CAU) are listed on the Australian Securities Exchange (ASX) and all prices are listed in Australian Dollars. Its last market close was $0.089 – an increase of 3.49% over the previous week. Cronos Australia has a trailing 12-month revenue of around $123,850.

How to buy shares in Cronos Australia

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 Cronos Australia. Find the share by name or ticker symbol: CAU. 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 Cronos Australia 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 $0.089, 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 Cronos Australia. 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.

How has coronavirus impacted Cronos Australia's share price?

Since the stock market crash in March caused by coronavirus, Cronos Australia's share price has had significant negative movement.

Its last market close was $0.089, which is 42.58% down on its pre-crash value of $0.155 and 18.67% up on the lowest point reached during the March crash when the shares fell as low as $0.075.

If you had bought $1,000 worth of Cronos Australia shares at the start of February 2020, those shares would have been worth $416.67 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 $494.44.

Cronos Australia share price

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

Cronos Australia shares at a glance

• Key figures

Information last updated 2020-09-15.

Latest market close	AUDA$0.089
52-week range	AUDA$0.07 - AUDA$0.415
50-day moving average	AUDA$0.0846
200-day moving average	AUDA$0.0917
Target price	N/A
PE ratio	N/A
Dividend yield	N/A (0%)
Earnings per share (TTM)	AUDA$-0.0699

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AUD 8

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• Brokerage - AU shares: From AUD 5 or 0.05%
• Brokerage - US shares: USD 0
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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 Cronos Australia 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 Cronos Australia Limited by TradingView

Cronos Australia price performance over time

Historical closes compared with the last close of A$0.089

1 week (2020-09-14)	5.95%
1 month (2020-08-21)	-1.11%
3 months (2020-06-19)	4.71%
6 months (2020-03-20)	4.71%

1 year (2019-09-18)	N/A
2 years (2018-09-18)	N/A
3 years (2017-09-18)	N/A
5 years (2015-09-18)	N/A

Cronos Australia financials

Revenue TTM	$123,850
Gross profit TTM	$116,786
Return on assets TTM	-28.52%
Return on equity TTM	-74.54%
Profit margin	0%
Book value	0.104
Market capitalisation	$11.5 million

TTM: trailing 12 months

Cronos Australia share dividends

We're not expecting Cronos Australia to pay a dividend over the next 12 months.

Cronos Australia overview

Cronos Australia Limited operates as a medicinal cannabis company in Australia. It focuses on distributing tetrahydrocannabinol and cannabidiol products through brand development, outsourced manufacturing, and distribution agreements. The company was incorporated in 2018 and is based in South Yarra, Australia.

Frequently asked questions

• What percentage of Cronos Australia is owned by insiders?

  Currently 63.01% of Cronos Australia shares are held by insiders.

• When does the fiscal year end for Cronos Australia?

  Cronos Australia's fiscal year ends in June.

• Where is Cronos Australia based?

  Cronos Australia's address is: 299 Toorak Road, South Yarra, VIC, Australia, 3141