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How to buy GR Engineering Services shares | A$1.09

Own GR Engineering Services shares in just a few minutes.

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GR Engineering Services Limited is an engineering & construction business based in Australia. GR Engineering Services shares (GNG) are listed on the Australian Securities Exchange (ASX) and all prices are listed in Australian Dollars. Its last market close was $1.09 – an increase of 1.87% over the previous week. GR Engineering Services has a trailing 12-month revenue of around $225.5 million.

How to buy shares in GR Engineering Services

  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 GR Engineering Services . Find the share by name or ticker symbol: GNG. 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 GR Engineering Services 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 $1.09, 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 GR Engineering Services . 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.

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How has coronavirus impacted GR Engineering Services 's share price?

Since the stock market crash in March caused by coronavirus, GR Engineering Services 's share price has had significant positive movement.

Its last market close was $1.09, which is 18.35% up on its pre-crash value of $0.89 and 67.69% up on the lowest point reached during the March crash when the shares fell as low as $0.65.

If you had bought $1,000 worth of GR Engineering Services shares at the start of February 2020, those shares would have been worth $710.39 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 $1,191.26.

GR Engineering Services share price

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

GR Engineering Services shares at a glance

Information last updated 2020-10-20.
Latest market closeAUDA$1.09
52-week rangeAUDA$0.625 - AUDA$1.25
50-day moving average AUDA$1.0325
200-day moving average AUDA$0.8383
Target priceAUDA$1.37
PE ratio 20.0477
Dividend yield AUDA$0.08 (7.44%)
Earnings per share (TTM) AUDA$0.042

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.
Data indicated here is updated regularly
Name Product Standard brokerage fee Inactivity fee Markets
IG Share Trading
Finder Award
IG Share Trading
AUD 8 or 0.1%
AUD 50 per quarter if you make fewer than three trades in that period
ASX shares, Global shares, Forex, CFDs, Margin trading
Brokerage discount: $5 on Australian shares for active traders & $0 commission on US and global shares
Enjoy some of the lowest brokerage fees on the market when trading Australian shares, international shares, forex and CFDs, plus get access to 24-hour customer support.
Superhero share trading
AUD 5
No
ASX shares
Pay zero brokerage on all Australian ETFs.
Trade ASX stocks with a flat $5 commission fee and a low minimum investment of just $100.
CMC Markets Stockbroking
AUD 11 or 0.1%
No
ASX shares, Global shares, Forex, CFDs, Margin trading, Options trading, mFunds
$0 brokerage on global shares including US, UK and Japan markets.
Trade up to 9,000 products, including shares, managed funds, forex, commodities and cryptocurrencies, plus access up to 15 major global and Australian stock exchanges.
ANZ Share Investing
AUD 19.95
No
ASX shares, Global shares, Margin trading, Options trading
Earn 1 Qantas Point per AU$3 spent on brokerage fees on certain instruments.
Access Morningstar reports, company announcements and and live pricing via ANZ’s share investing platform. Available for desktop and mobile.
Westpac Online Investing Account
AUD 19.95 or 0.11%
AUD 63.50 per year on the global markets account
ASX shares, Global shares, Options trading, US shares
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Is it a good time to buy GR Engineering Services 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.

GR Engineering Services price performance over time

Historical closes compared with the close of A$1.09 on 2020-10-22

1 week (2020-10-23) -0.91%
1 month (2020-09-30) 6.86%
3 months (2020-07-30) 25.29%
6 months (2020-04-30) 60.29%
1 year (2019-10-30) 39.74%
2 years (2018-10-30) -9.17%
3 years (2017-10-30) -18.05%
5 years (2015-10-30) 26.01%

Is GR Engineering Services under- or over-valued?

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

GR Engineering Services 's P/E ratio

GR Engineering Services 's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 20x. In other words, GR Engineering Services shares trade at around 20x recent earnings.

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

GR Engineering Services 's EBITDA

GR Engineering Services 's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $9.8 million.

The EBITDA is a measure of a GR Engineering Services 's overall financial performance and is widely used to measure a its profitability.

GR Engineering Services financials

Revenue TTM $225.5 million
Gross profit TTM $97 million
Return on assets TTM -7.27%
Return on equity TTM -17.88%
Profit margin -3.22%
Book value 0.226
Market capitalisation $166.8 million

TTM: trailing 12 months

GR Engineering Services share dividends

We're not expecting GR Engineering Services to pay a dividend over the next 12 months.

GR Engineering Services share price volatility

Over the last 12 months, GR Engineering Services 's shares have ranged in value from as little as $0.625 up to $1.25. A popular way to gauge a stock's volatility is its "beta".

GNG.AU volatility(beta: 0.73)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 GR Engineering Services 's is 0.7278. This would suggest that GR Engineering Services 's shares are less volatile than average (for this exchange).

GR Engineering Services overview

GR Engineering Services Limited operates as an engineering, consulting, and contracting company that provides engineering design, procurement, and construction services to the mining and mineral processing industries in Australia and internationally. The company operates through two segments, Mineral Processing, and Oil and Gas. It provides project management services, including project studies, engineering and procurement, construction and commissioning, asset management plans and system development, operations and technical support, and infrastructure development services. The company's services include the design and construction of minerals processing facilities and related infrastructure for greenfield or brownfield projects, such as plant modifications, and upgrades and expansions; plant evaluation and condition reports; plant operations, and maintenance support and optimization; and plant relocation, refurbishment, and recommissioning, as well as engages in the provision of owners representatives and teams for project management and delivery, and asset management services. Its services also comprise engineering and process design consulting services; and feasibility studies comprising scoping, pre-feasibility, and definitive level studies, as well as study work and services that include front end engineering design, operations and process optimization, due diligence reviews, asset management system development and monitoring, risk evaluation and hazard/operability studies, technology evaluation and trade-off studies, and refurbishment assessments. In addition, the company offers operations, maintenance, and advisory services to the oil and gas sector. GR Engineering Services Limited was founded in 1986 and is headquartered in Ascot, Australia.

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