How to buy Ecofibre (EOF) shares
Learn how to easily invest in Ecofibre shares.
We’re reader-supported and may be paid when you visit links to partner sites. We don’t compare all products in the market, but we’re working on it!
Ecofibre Limited is a drug manufacturers-specialty & generic business based in Australia. Ecofibre shares (EOF) are listed on the Australian Securities Exchange (ASX) and all prices are in Australian Dollars. Ecofibre has a trailing 12-month revenue of around $36.4 million. If you're looking to buy shares, check out the steps below.
How to buy shares in Ecofibre
- 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.
- 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.
- Search for Ecofibre . Find the share by name or ticker symbol: EOF. 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 Ecofibre reaches your desired price. To spread out your risk, look into dollar-cost averaging, 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 in on your investment. Congratulations, you own a part of Ecofibre . 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.
Ecofibre stock price (ASX:EOF)Use our graph to track the performance of EOF stocks over time.
Ecofibre shares at a glance
|52-week range||$0.475 - $2.88|
|50-day moving average||$0.8099|
|200-day moving average||$1.1734|
|Dividend yield||N/A (0%)|
|Earnings per share (TTM)||$0.002|
Compare share trading platforms
We update our data regularly, but information can change between updates. Confirm details with the provider you're interested in before making a decision.
Is it a good time to buy Ecofibre 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.
Ecofibre price performance over time
|1 month (2021-06-28)||15.03%|
|3 months (2021-04-28)||-16.59%|
Is Ecofibre under- or over-valued?
Valuing Ecofibre stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Ecofibre 's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Ecofibre 's P/E ratio
Ecofibre 's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 410x. In other words, Ecofibre shares trade at around 410x 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.
Ecofibre 's EBITDA
Ecofibre 's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $12.3 million.
The EBITDA is a measure of a Ecofibre 's overall financial performance and is widely used to measure a its profitability.
|Revenue TTM||$36.4 million|
|Gross profit TTM||$38.1 million|
|Return on assets TTM||-2.71%|
|Return on equity TTM||0.64%|
|Market capitalisation||$279.6 million|
TTM: trailing 12 months
Ecofibre share dividends
We're not expecting Ecofibre to pay a dividend over the next 12 months.
Ecofibre share price volatility
Over the last 12 months, Ecofibre 's shares have ranged in value from as little as $0.475 up to $2.88. 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 Ecofibre 's is 1.2762. This would suggest that Ecofibre 's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).
Ecofibre Limited, together with its subsidiaries, engages in breeding, growing, processing, and distributing hemp products in the United States and Australia. It offers protein powders, dehulled hemp seeds, and hemp seed oil products. The company also produces hemp nutraceutical products for human and pet consumption, as well as topical creams and salves; and develops hemp related fiber products. It sells its products through wholesalers and distributors, as well as pharmacy stores under the Ananda Food and Woolworths Macro brand names. The company was founded in 2009 and is based in Sydney, Australia.
Stocks similar to Ecofibre
Ecofibre in the news
Do Insiders Own Lots Of Shares In Ecofibre Limited (ASX:EOF)?
Frequently asked questions
More guides on Finder
How to invest in the Clarity Pharmaceuticals IPO IPO
Everything we know about the Clarity Pharmaceuticals IPO IPO, plus information on how to buy in.
How to invest in the TEK-Ocean Group IPO
Everything we know about the TEK-Ocean Group IPO, plus information on how to buy in.
How to buy HNC Coin (HNC) in Australia
This guide will show you step-by-step instructions on how to buy the Hellenic Coin (HNC) token as well as a list of exchanges you can trade it on.
How to buy Maro (MARO) in Australia
This guide will show you step-by-step instructions on how to buy the Maro (MARO) token as well as a list of exchanges you can trade it on.
How to buy Ethernity Chain (ERN) in Australia
This guide will show you step-by-step instructions on how to buy the Ethernity Chain (ERN) token as well as a list of exchanges you can trade it on.
How to buy Shopping.io (SPI) in Australia
This guide will show you step-by-step instructions on how to buy the Shopping.io (SPI) token as well as a list of exchanges you can trade it on.
How to buy LUKSO Token (LYXE) in Australia
This guide will show you step-by-step instructions on how to buy the LUKSO Token (LYXE) token as well as a list of exchanges you can trade it on.
How to buy KardiaChain (KAI) in Australia
This guide will show you step-by-step instructions on how to buy the KardiaChain (KAI) token as well as a list of exchanges you can trade it on.
How to buy Neutrino USD (USDN) in Australia
This guide will show you step-by-step instructions on how to buy the Neutrino USD (USDN) token as well as a list of exchanges you can trade it on.
How to buy Venus BTC (VBTC) in Australia
This guide will show you step-by-step instructions on how to buy the Venus BTC (VBTC) token as well as a list of exchanges you can trade it on.
Ask an Expert