How to buy Marley Spoon shares | A$2.75

Marley Spoon AG is a restaurants business based in Australia. Marley Spoon shares (MMM) are listed on the Australian Securities Exchange (ASX) and all prices are listed in Australian Dollars. Its last market close was $2.75 – a decrease of 4.18% over the previous week. and has a market cap (total outstanding shares value) of $516.5 million.

How to buy shares in Marley Spoon

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 Marley Spoon. Find the share by name or ticker symbol: MMM. 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 Marley Spoon 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 $2.75, 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 Marley Spoon. 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.

Marley Spoon share price

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

Marley Spoon shares at a glance

• Key figures

Information last updated 2020-09-25.

Latest market close	AUDA$2.75
52-week range	AUDA$0.18 - AUDA$3.8
50-day moving average	AUDA$3.0836
200-day moving average	AUDA$1.7473
Target price	N/A
PE ratio	N/A
Dividend yield	N/A (0%)
Earnings per share (TTM)	AUDA$-0.478

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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 Marley Spoon 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 Marley Spoon AG by TradingView

Marley Spoon price performance over time

Historical closes compared with the close of A$2.75 on 2020-09-28

1 week (2020-09-22)	-4.18%
1 month (2020-08-28)	-22.54%
3 months (2020-06-29)	63.69%
6 months (2020-03-27)	292.86%

1 year (2019-09-27)	472.92%
2 years (2018-09-28)	154.63%
3 years (2017-09-25)	N/A
5 years (2015-09-25)	N/A

Marley Spoon financials

Gross profit TTM	$57.8 million
Return on assets TTM	-28.18%
Return on equity TTM	0%
Profit margin	-43.62%
Book value	0.142
Market capitalisation	$516.5 million

TTM: trailing 12 months

Marley Spoon share dividends

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

Marley Spoon share price volatility

Over the last 12 months, Marley Spoon's shares have ranged in value from as little as $0.18 up to $3.8. 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 Marley Spoon's is -2.103. This would suggest that Marley Spoon's shares have been inversely-correlated to the average (for this exchange) – so when the broader market trended up or down, Marley Spoon has bucked the trend.

Marley Spoon overview

Marley Spoon AG provides subscription-based weekly meal kit services in Australia, the United States, Austria, Belgium, Denmark, Sweden, Germany, and the Netherlands. As of December 31, 2019, it had approximately 182,000 active customers across the Marley Spoon and Dinnerly brands. The company was founded in 2014 and is headquartered in Berlin, Germany.

Frequently asked questions

• What percentage of Marley Spoon is owned by insiders or institutions?

  Currently 36.28% of Marley Spoon shares are held by insiders and 34.956% by institutions.

• When does the fiscal year end for Marley Spoon?

  Marley Spoon's fiscal year ends in December.

• Where is Marley Spoon based?

  Marley Spoon's address is: Paul-Lincke-Ufer 39/40, Berlin, Germany, 10999