How to buy Ignite shares | A$0.033

Ignite Limited is a staffing & employment services business based in Australia. Ignite shares (IGN) are listed on the Australian Securities Exchange (ASX) and all prices are listed in Australian Dollars. Its last market close was $0.033 – an increase of 6.45% over the previous week. Ignite has a trailing 12-month revenue of around $126 million.

How to buy shares in Ignite

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 Ignite . Find the share by name or ticker symbol: IGN. 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 Ignite 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 $0.033, 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 Ignite . 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 Ignite 's share price?

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

Its last market close was $0.033, which is 42.42% up on its pre-crash value of $0.019 and 371.43% up on the lowest point reached during the March crash when the shares fell as low as $0.007.

If you had bought $1,000 worth of Ignite shares at the start of February 2020, those shares would have been worth $233.33 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 $1,100.00.

Ignite share price

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

Ignite shares at a glance

• Key figures

Information last updated 2020-10-21.

Latest market close	AUDA$0.033
52-week range	AUDA$0.005 - AUDA$0.054
50-day moving average	AUDA$0.0248
200-day moving average	AUDA$0.0206
Target price	AUDA$0.38
PE ratio	N/A
Dividend yield	N/A (0%)
Earnings per share (TTM)	AUDA$-0.065

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.

Is it a good time to buy Ignite 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 Ignite Limited by TradingView

Ignite price performance over time

Historical closes compared with the close of A$0.033 on 2020-10-22

1 week (2020-10-16)	6.45%
1 month (2020-09-25)	22.22%
3 months (2020-07-24)	50.00%
6 months (2020-04-24)	-19.51%

1 year (2019-10-25)	65.00%
2 years (2018-10-25)	-34.00%
3 years (2017-10-25)	-58.23%
5 years (2015-10-23)	-85.96%

Ignite financials

Revenue TTM	$126 million
Gross profit TTM	$15.3 million
Return on assets TTM	-11.54%
Return on equity TTM	-64.08%
Profit margin	-4.98%
Book value	0.033
Market capitalisation	$2.9 million

TTM: trailing 12 months

Ignite share dividends

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

Have Ignite 's shares ever split?

Ignite 's shares were split on 2 September 2009.

Ignite share price volatility

Over the last 12 months, Ignite 's shares have ranged in value from as little as $0.005 up to $0.054. 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 Ignite 's is 3.7211. This would suggest that Ignite 's shares are significantly more volatile than the average for this exchange and represent a higher risk.

Ignite overview

Ignite Limited, together with its subsidiaries, provides specialist recruitment, on-demand information technology, and people services in Australia and New Zealand. The company offers permanent and contingent labour recruitment, and payroll services; and outsourced recruitment and human resource consulting services. It is also involved in the provision of pre-qualified information technology resources to deliver on demand solutions. The company provides its services under the Ignite and Lloyd Morgan brand names. It serves accounting, finance, architecture, construction, engineering, property, business support, human resources, legal, information management, IT, digital, and sales and marketing industries. The company was formerly known as Clarius Group Limited. Ignite Limited was founded in 1984 and is headquartered in Sydney, Australia.

Frequently asked questions

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

  Currently 66.265% of Ignite shares are held by insiders and 11.331% by institutions.

• When does the fiscal year end for Ignite ?

  Ignite 's fiscal year ends in June.

• Where is Ignite based?

  Ignite 's address is: Mezzanine Level, Sydney, NSW, Australia, 2000

• What is Ignite 's ISIN number?

  Ignite 's international securities identification number is: AU0000033763