How to buy Ecofibre shares | A$1.81

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 listed in Australian Dollars. Its last market close was $1.81 – a decrease of 29.3% over the previous week. Ecofibre has a trailing 12-month revenue of around $50.7 million.

How to buy shares in Ecofibre

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 Ecofibre . Find the share by name or ticker symbol: EOF. 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 Ecofibre 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 $1.81, 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 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.

🧪How we chose these brokers

For our Top Picks, we compared our Finder partners using a proprietary algorithm in August 2020. Keep in mind that our top picks may not always be the best for you, and you're encouraged to compare for yourself to find one that works for you. Read our full methodology here to find out more.

How has coronavirus impacted Ecofibre 's share price?

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

Its last market close was $1.81, which is 36.49% down on its pre-crash value of $2.85 and 45.97% up on the lowest point reached during the March crash when the shares fell as low as $1.24.

If you had bought $1,000 worth of Ecofibre shares at the start of February 2020, those shares would have been worth $440.14 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 $637.32.

Ecofibre share price

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

Ecofibre shares at a glance

• Key figures

Information last updated 2020-10-20.

Latest market close	AUDA$1.81
52-week range	AUDA$1.24 - AUDA$3.9
50-day moving average	AUDA$2.5181
200-day moving average	AUDA$2.546
Target price	N/A
PE ratio	59.447
Dividend yield	N/A (0%)
Earnings per share (TTM)	AUDA$0.043

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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 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.

Technical Analysis of Ecofibre Limited by TradingView

Ecofibre price performance over time

Historical closes compared with the close of A$1.81 on 2020-10-20

1 week (2020-10-14)	-29.30%
1 month (2020-09-21)	-29.57%
3 months (2020-07-21)	-30.12%
6 months (2020-04-21)	-21.98%

1 year (2019-10-21)	-43.96%
2 years (2018-10-17)	N/A
3 years (2017-10-17)	N/A
5 years (2015-10-17)	N/A

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 59x. In other words, Ecofibre shares trade at around 59x 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.

Ecofibre financials

Revenue TTM	$50.7 million
Operating margin TTM	21.52%
Gross profit TTM	$38.1 million
Return on assets TTM	10.33%
Return on equity TTM	24.99%
Profit margin	25.94%
Book value	0.206
Market capitalisation	$614.3 million

TTM: trailing 12 months

Ecofibre share dividends

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

Ecofibre overview

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.

Frequently asked questions

• What percentage of Ecofibre is owned by insiders or institutions?

  Currently 66.306% of Ecofibre shares are held by insiders and 0.752% by institutions.

• When does the fiscal year end for Ecofibre ?

  Ecofibre 's fiscal year ends in June.

• Where is Ecofibre based?

  Ecofibre 's address is: 680 George Street, Sydney, NSW, Australia, 2000