How to buy DigitalX shares | A$0.039

DigitalX Limited is a software—infrastructure business based in Australia. DigitalX shares (DCC) are listed on the Australian Securities Exchange (ASX) and all prices are listed in Australian Dollars. Its last market close was $0.039 – an increase of 2.63% over the previous week. DigitalX has a trailing 12-month revenue of around $359,303.

How to buy shares in DigitalX

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 DigitalX. Find the share by name or ticker symbol: DCC. 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 DigitalX 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 $0.039, 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 DigitalX. 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.

DigitalX share price

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

DigitalX shares at a glance

• Key figures

Information last updated 2020-09-25.

Latest market close	AUDA$0.039
52-week range	AUDA$0.012 - AUDA$0.053
50-day moving average	AUDA$0.0418
200-day moving average	AUDA$0.0286
Target price	AUDA$0.33
PE ratio	N/A
Dividend yield	N/A (0%)
Earnings per share (TTM)	AUDA$-0.005

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 DigitalX 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 DigitalX Limited by TradingView

DigitalX price performance over time

Historical closes compared with the close of A$0.039 on 2020-09-28

1 week (2020-09-21)	-2.50%
1 month (2020-08-28)	-9.30%
3 months (2020-06-26)	85.71%
6 months (2020-03-27)	160.00%

1 year (2019-09-27)	34.48%
2 years (2018-09-28)	-53.01%
3 years (2017-09-28)	-35.00%
5 years (2015-09-28)	-76.36%

DigitalX financials

Revenue TTM	$359,303
Gross profit TTM	$-1,028,256
Return on assets TTM	-12.58%
Return on equity TTM	-47.3%
Profit margin	0%
Book value	0.013
Market capitalisation	$23.5 million

TTM: trailing 12 months

DigitalX share dividends

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

Have DigitalX's shares ever split?

DigitalX's shares were split on a 1:5 basis on 12 May 2014. So if you had owned 5 shares the day before before the split, the next day you'd have owned 1 share. This wouldn't directly have changed the overall worth of your DigitalX shares – just the quantity. However, indirectly, the new 400% higher share price could have impacted the market appetite for DigitalX shares which in turn could have impacted DigitalX's share price.

DigitalX share price volatility

Over the last 12 months, DigitalX's shares have ranged in value from as little as $0.012 up to $0.053. 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 DigitalX's is 1.9235. This would suggest that DigitalX's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).

DigitalX overview

DigitalX Limited develops software products in Australia. The company provides blockchain consulting and development services; and asset management services focusing on blockchain and emerging technologies. It also offers corporate advisory, technical due diligence, and marketing and promotion services. The company was formerly known as Digital CC Limited and changed its name to DigitalX Limited in December 2015. DigitalX Limited was incorporated in 1988 and is based in West Perth, Australia.

Frequently asked questions

• What percentage of DigitalX is owned by insiders?

  Currently 20.502% of DigitalX shares are held by insiders.

• When does the fiscal year end for DigitalX?

  DigitalX's fiscal year ends in June.

• Where is DigitalX based?

  DigitalX's address is: The Blockchain Centre, West Perth, WA, Australia, 6005

• What is DigitalX's ISIN number?

  DigitalX's international securities identification number is: AU000000DCC9