How to buy GTN shares | A$0.4

GTN Limited is an advertising agencies business based in Australia. GTN shares (GTN) are listed on the Australian Securities Exchange (ASX) and all prices are listed in Australian Dollars. Its last market close was $0.4 – an increase of 6.67% over the previous week. GTN has a trailing 12-month revenue of around $160.9 million.

How to buy shares in GTN

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 GTN . Find the share by name or ticker symbol: GTN. 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 GTN 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 $0.4, 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 GTN . 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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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 GTN 's share price?

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

Its last market close was $0.4, which is 51.22% down on its pre-crash value of $0.82 and 14.29% up on the lowest point reached during the March crash when the shares fell as low as $0.35.

If you had bought $1,000 worth of GTN shares at the start of February 2020, those shares would have been worth $574.19 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 $516.13.

GTN share price

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

GTN shares at a glance

• Key figures

Information last updated 2020-10-21.

Latest market close	AUDA$0.4
52-week range	AUDA$0.28 - AUDA$0.895
50-day moving average	AUDA$0.3767
200-day moving average	AUDA$0.3986
Target price	AUDA$2.2
PE ratio	267.8571
Dividend yield	AUDA$0.05 (12.27%)
Earnings per share (TTM)	AUDA$0.001

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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 GTN 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 GTN Limited by TradingView

GTN price performance over time

Historical closes compared with the close of A$0.4 on 2020-10-22

1 week (2020-10-23)	1.27%
1 month (2020-09-30)	17.65%
3 months (2020-07-30)	23.08%
6 months (2020-04-30)	-2.44%

1 year (2019-10-30)	-47.02%
2 years (2018-10-30)	-80.95%
3 years (2017-10-30)	-85.71%
5 years (2015-10-26)	N/A

Is GTN under- or over-valued?

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

GTN 's P/E ratio

GTN 's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 268x. In other words, GTN shares trade at around 268x 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.

GTN 's EBITDA

GTN 's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $4.3 million.

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

GTN financials

Revenue TTM	$160.9 million
Gross profit TTM	$41.6 million
Return on assets TTM	-1.04%
Return on equity TTM	0.14%
Profit margin	0.2%
Book value	1.018
Market capitalisation	$89.6 million

TTM: trailing 12 months

GTN share dividends

Dividend payout ratio: 3285.71% of net profits

Recently GTN has paid out, on average, around 3285.71% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 12.27% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), GTN shareholders could enjoy a 12.27% return on their shares, in the form of dividend payments. In GTN 's case, that would currently equate to about A$0.05 per share.

GTN 's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.

The latest dividend was paid out to all shareholders who bought their shares by 11 March 2020 (the "ex-dividend date").

GTN share price volatility

Over the last 12 months, GTN 's shares have ranged in value from as little as $0.28 up to $0.895. 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 GTN 's is 1.3473. This would suggest that GTN 's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).

GTN overview

GTN Limited, together with its subsidiaries, operates broadcast media advertising platforms that supply traffic information reports to radio and/or television stations. The company through its advertising spots offers information reports, such as traffic and news. Its advertising platform enables advertisers to reach audiences in Australia, the United Kingdom, Canada, and Brazil. The company was founded in 1997 and is headquartered in North Sydney, Australia.

Frequently asked questions

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

  Currently 9.558% of GTN shares are held by insiders and 103.25% by institutions.

• When does the fiscal year end for GTN ?

  GTN 's fiscal year ends in June.

• Where is GTN based?

  GTN 's address is: 100 Miller Street, North Sydney, NSW, Australia, 2060

• What is GTN 's ISIN number?

  GTN 's international securities identification number is: AU000000GTN3