How to buy Cue Energy Resources shares | A$0.18

Cue Energy Resources Limited is an oil & gas e&p business based in Australia. Cue Energy Resources shares (CUE) are listed on the Australian Securities Exchange (ASX) and all prices are listed in Australian Dollars. Its last market close was $0.18 – the same closing value as a week prior. Cue Energy Resources has a trailing 12-month revenue of around $23.9 million.

How to buy shares in Cue Energy Resources

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 Cue Energy Resources . Find the share by name or ticker symbol: CUE. 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 Cue Energy Resources 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 $0.18, 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 Cue Energy Resources . 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 Cue Energy Resources 's share price?

Since the stock market crash in March caused by coronavirus, Cue Energy Resources 's share price has had significant positive movement.

Its last market close was $0.18, which is 33.33% up on its pre-crash value of $0.12 and 200.00% up on the lowest point reached during the March crash when the shares fell as low as $0.06.

If you had bought $1,000 worth of Cue Energy Resources shares at the start of February 2020, those shares would have been worth $485.71 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 $1,285.71.

Cue Energy Resources share price

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

Cue Energy Resources shares at a glance

• Key figures

Information last updated 2020-09-22.

Latest market close	AUDA$0.18
52-week range	AUDA$0.064 - AUDA$0.18
50-day moving average	AUDA$0.1518
200-day moving average	AUDA$0.1083
Target price	AUDA$0.09
PE ratio	94.7368
Dividend yield	N/A (0%)
Earnings per share (TTM)	AUDA$0.002

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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 Cue Energy Resources 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 Cue Energy Resources Limited by TradingView

Cue Energy Resources price performance over time

Historical closes compared with the last close of A$0.18

1 week (2020-09-12)	N/A
1 month (2020-08-21)	28.57%
3 months (2020-06-19)	80.00%
6 months (2020-03-23)	164.71%

1 year (2019-09-20)	56.52%
2 years (2018-09-21)	176.92%
3 years (2017-09-21)	221.43%
5 years (2015-09-19)	N/A

Is Cue Energy Resources under- or over-valued?

Valuing Cue Energy Resources stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Cue Energy Resources 's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Cue Energy Resources 's P/E ratio

Cue Energy Resources 's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 95x. In other words, Cue Energy Resources shares trade at around 95x recent earnings.

That's relatively high compared to, say, the P/E ratio for the ASX over the 12 months to December 2019 (32.14). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.

Cue Energy Resources 's EBITDA

Cue Energy Resources 's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $11.1 million (£0.0 million).

The EBITDA is a measure of a Cue Energy Resources 's overall financial performance and is widely used to measure a its profitability.

Cue Energy Resources financials

Revenue TTM	$23.9 million
Operating margin TTM	17.51%
Gross profit TTM	$11 million
Return on assets TTM	3.79%
Return on equity TTM	3.09%
Profit margin	5.49%
Book value	0.062
Market capitalisation	$122.2 million

TTM: trailing 12 months

Cue Energy Resources share dividends

We're not expecting Cue Energy Resources to pay a dividend over the next 12 months.

Have Cue Energy Resources 's shares ever split?

Cue Energy Resources 's shares were split on 14 June 2009.

Cue Energy Resources share price volatility

Over the last 12 months, Cue Energy Resources 's shares have ranged in value from as little as $0.064 up to $0.18. 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 Cue Energy Resources 's is 1.194. This would suggest that Cue Energy Resources '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).

Cue Energy Resources overview

Cue Energy Resources Limited explores for, develops, and produces petroleum. It explores for oil and gas through its projects located in Indonesia, Australia, and New Zealand. The company was founded in 1981 and is headquartered in Melbourne, Australia.

Frequently asked questions

• What percentage of Cue Energy Resources is owned by insiders?

  Currently 54.208% of Cue Energy Resources shares are held by insiders.

• When does the fiscal year end for Cue Energy Resources ?

  Cue Energy Resources 's fiscal year ends in June.

• Where is Cue Energy Resources based?

  Cue Energy Resources 's address is: 10-16 Queen Street, Melbourne, VIC, Australia, 3000

• What is Cue Energy Resources 's ISIN number?

  Cue Energy Resources 's international securities identification number is: AU000000CUE9