How to buy Ecofibre (EOF) shares

Learn how to easily invest in Ecofibre shares.

Ecofibre Limited
AU: EOF - AUD
DRUG MANUFACTURERS-SPECIALTY & GENERIC
A$0.76
-A$0.04 (-5.00%)

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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

  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, 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.

Ecofibre stock price (ASX:EOF)

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

Ecofibre shares at a glance

Information last updated 2021-07-22.
52-week range$0.475 - $2.88
50-day moving average $0.8099
200-day moving average $1.1734
Target priceN/A
PE ratio 410
Dividend yield N/A (0%)
Earnings per share (TTM) $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.
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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

Historical closes compared with the last close of A$0.88

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.

Ecofibre financials

Revenue TTM $36.4 million
Gross profit TTM $38.1 million
Return on assets TTM -2.71%
Return on equity TTM 0.64%
Profit margin 1.46%
Book value 0.35
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".

EOF.AU volatility(beta: 1.28)Avg. volatility(beta: 1.00)LowHigh

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 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

Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, CFDs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading CFDs comes with a higher risk of losing money rapidly due to leverage. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.

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