How to buy Metro Performance Glass shares | A$0.32

Metro Performance Glass Limited is a building products & equipment business based in Australia. Metro Performance Glass shares (MPP) are listed on the Australian Securities Exchange (ASX) and all prices are listed in Australian Dollars. Its last market close was $0.32 – an increase of 4.92% over the previous week. and has a market cap (total outstanding shares value) of $61.1 million.

How to buy shares in Metro Performance Glass

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 Metro Performance Glass . Find the share by name or ticker symbol: MPP. 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 Metro Performance Glass 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 $0.32, 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 Metro Performance Glass . 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 Metro Performance Glass 's share price?

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

Its last market close was $0.32, which is 15.63% up on its pre-crash value of $0.27 and 28.00% up on the lowest point reached during the March crash when the shares fell as low as $0.25.

If you had bought $1,000 worth of Metro Performance Glass shares at the start of February 2020, those shares would have been worth $1,080.00 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 $1,280.00.

Metro Performance Glass share price

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

Metro Performance Glass shares at a glance

• Key figures

Information last updated 2020-10-20.

Latest market close	AUDA$0.32
52-week range	AUDA$0.145 - AUDA$0.32
50-day moving average	AUDA$0.2415
200-day moving average	AUDA$0.2034
Target price	N/A
PE ratio	13.1114
Dividend yield	N/A (0%)
Earnings per share (TTM)	AUDA$0.05

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AUD 8

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• Brokerage - AU shares: From AUD 5 or 0.05%
• Brokerage - US shares: USD 0
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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 Metro Performance Glass 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 Metro Performance Glass Limited by TradingView

Metro Performance Glass price performance over time

Historical closes compared with the close of A$0.32 on 2020-10-20

1 week (2020-10-13)	4.92%
1 month (2020-09-21)	60.00%
3 months (2020-07-20)	100.00%
6 months (2020-04-20)	60.00%

1 year (2019-10-17)	N/A
2 years (2018-10-17)	N/A
3 years (2017-10-17)	N/A
5 years (2015-10-17)	N/A

Is Metro Performance Glass under- or over-valued?

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

Metro Performance Glass 's P/E ratio

Metro Performance Glass 's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 13x. In other words, Metro Performance Glass shares trade at around 13x 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.

Metro Performance Glass financials

Gross profit TTM	$115.9 million
Return on assets TTM	5.31%
Return on equity TTM	-66.61%
Profit margin	-30.55%
Book value	0.599
Market capitalisation	$61.1 million

TTM: trailing 12 months

Metro Performance Glass share dividends

We're not expecting Metro Performance Glass to pay a dividend over the next 12 months.

Metro Performance Glass share price volatility

Over the last 12 months, Metro Performance Glass 's shares have ranged in value from as little as $0.145 up to $0.32. 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 Metro Performance Glass 's is 0.5179. This would suggest that Metro Performance Glass 's shares are less volatile than average (for this exchange).

Metro Performance Glass overview

Metro Performance Glass Limited, together with its subsidiaries, supplies processed flat glass and related products for the residential and commercial building sectors in New Zealand and Australia. Its glass products include splashbacks, benchtops, and kitchen doors and mirrors; and bathroom mirrors, inline showers, two and three sided showers, bath end showers, bath screens, shower linings, and shower and screen hardware. The company also offers interior balustrades, stairs and floors, room dividers, mirrors, wall linings, doors, and furniture; and exterior balustrades, pool fences, wind breaks, glass canopies, glass features, outdoor furniture, and balustrade and pool fence hardware. In addition, it provides installation services. Metro Performance Glass Limited was founded in 1987 and is headquartered in Auckland, New Zealand.

Frequently asked questions

• What percentage of Metro Performance Glass is owned by insiders or institutions?

  Currently 21.442% of Metro Performance Glass shares are held by insiders and 11.664% by institutions.

• When does the fiscal year end for Metro Performance Glass ?

  Metro Performance Glass 's fiscal year ends in March.

• Where is Metro Performance Glass based?

  Metro Performance Glass 's address is: 5 Lady Fisher Place, Auckland, New Zealand, 2013