How to buy Harris Technology Group shares | A$0.115

Harris Technology Group Limited is an internet retail business based in Australia. Harris Technology Group shares (HT8) are listed on the Australian Securities Exchange (ASX) and all prices are listed in Australian Dollars. Its last market close was $0.115 – a decrease of 4.17% over the previous week. Harris Technology Group has a trailing 12-month revenue of around $13.6 million.

How to buy shares in Harris Technology Group

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 Harris Technology Group . Find the share by name or ticker symbol: HT8. 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 Harris Technology Group 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 $0.115, 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 Harris Technology Group . 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 Harris Technology Group 's share price?

Since the stock market crash in March caused by coronavirus, Harris Technology Group 's share price has had significant positive movement.

Its last market close was $0.115, which is 91.30% up on its pre-crash value of $0.01 and 1,177.78% up on the lowest point reached during the March crash when the shares fell as low as $0.009.

If you had bought $1,000 worth of Harris Technology Group shares at the start of February 2020, those shares would have been worth $1,777.78 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 $12,777.78.

Harris Technology Group share price

Use our graph to track the performance of HT8 stocks over time.

Harris Technology Group shares at a glance

• Key figures

Information last updated 2020-10-13.

Latest market close	AUDA$0.115
52-week range	AUDA$0.009 - AUDA$0.18
50-day moving average	AUDA$0.1292
200-day moving average	AUDA$0.0656
Target price	N/A
PE ratio	20.3704
Dividend yield	N/A (0%)
Earnings per share (TTM)	AUDA$0.005

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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 Harris Technology Group 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 Harris Technology Group Limited by TradingView

Harris Technology Group price performance over time

Historical closes compared with the close of A$0.115 on 2020-10-19

1 week (2020-10-13)	-4.17%
1 month (2020-09-18)	-11.54%
3 months (2020-07-20)	150.00%
6 months (2020-04-20)	150.00%

1 year (2019-10-18)	576.47%
2 years (2018-10-19)	576.47%
3 years (2017-10-20)	76.92%
5 years (2015-10-20)	-61.67%

Is Harris Technology Group under- or over-valued?

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

Harris Technology Group 's P/E ratio

Harris Technology Group '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, Harris Technology Group 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.

Harris Technology Group 's EBITDA

Harris Technology Group 's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $1.2 million.

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

Harris Technology Group financials

Revenue TTM	$13.6 million
Operating margin TTM	8.97%
Gross profit TTM	$2.7 million
Return on assets TTM	19.95%
Return on equity TTM	0%
Profit margin	7.4%
Book value	-0.027
Market capitalisation	$30.6 million

TTM: trailing 12 months

Harris Technology Group share dividends

We're not expecting Harris Technology Group to pay a dividend over the next 12 months.

Have Harris Technology Group 's shares ever split?

Harris Technology Group 's shares were split on a 1:25 basis on 25 July 2016. So if you had owned 25 shares the day before before the split, the next day you'd have owned 1 share. This wouldn't directly have changed the overall worth of your Harris Technology Group shares – just the quantity. However, indirectly, the new 2400% higher share price could have impacted the market appetite for Harris Technology Group shares which in turn could have impacted Harris Technology Group 's share price.

Harris Technology Group share price volatility

Over the last 12 months, Harris Technology Group 's shares have ranged in value from as little as $0.009 up to $0.18. 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 Harris Technology Group 's is 0.9734. This would suggest that Harris Technology Group 's shares are less volatile than average (for this exchange).

Harris Technology Group overview

Harris Technology Group Limited engages in online retailing and technology distribution businesses in Australia. The company engages in the online retail of IT products for small and medium businesses; and PPE products, face masks, hand sanitizers, and alcohol wipes, as well as a foot operated hand sanitizer dispensers. It sells its products through www.ht.com.au, and other online platforms, such as Amazon, Kogan, Catch, eBay, etc. The company was founded in 1986 and is headquartered in Hallam, Australia.

Frequently asked questions

• What percentage of Harris Technology Group is owned by insiders?

  Currently 75.259% of Harris Technology Group shares are held by insiders.

• When does the fiscal year end for Harris Technology Group ?

  Harris Technology Group 's fiscal year ends in June.

• Where is Harris Technology Group based?

  Harris Technology Group 's address is: 94 Abbott Road, Hallam, VIC, Australia, 3803

• What is Harris Technology Group 's ISIN number?

  Harris Technology Group 's international securities identification number is: AU000000HT83