How to buy MGM Wireless shares | A$0.135
Own MGM Wireless shares in just a few minutes.
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MGM Wireless Limited is a telecom services business based in Australia. MGM Wireless shares (MWR) are listed on the Australian Securities Exchange (ASX) and all prices are listed in Australian Dollars. Its last market close was $0.135 – a decrease of 3.57% over the previous week. MGM Wireless has a trailing 12-month revenue of around $10.5 million.
How to buy shares in MGM Wireless
- 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.
- 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.
- Search for MGM Wireless . Find the share by name or ticker symbol: MWR. Research its history to confirm it's a solid investment against your financial goals.
- Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until MGM Wireless reaches your desired price. To spread out your risk, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
- Decide on how many to buy. At today's price of $0.135, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs.
- Check in on your investment. Congratulations, you own a part of MGM Wireless . 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.
🧪How we chose these brokersFor 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.
What's in this guide?
How has coronavirus impacted MGM Wireless 's share price?
Since the stock market crash in March caused by coronavirus, MGM Wireless 's share price has had significant negative movement.
Its last market close was $0.135, which is 25.00% down on its pre-crash value of $0.18 and 95.65% up on the lowest point reached during the March crash when the shares fell as low as $0.069.
If you had bought $1,000 worth of MGM Wireless shares at the start of February 2020, those shares would have been worth $394.87 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 $692.31.
MGM Wireless share priceUse our graph to track the performance of MWR stocks over time.
MGM Wireless shares at a glance
|Latest market close||AUDA$0.135|
|52-week range||AUDA$0.069 - AUDA$0.365|
|50-day moving average||AUDA$0.15|
|200-day moving average||AUDA$0.1293|
|Dividend yield||N/A (0%)|
|Earnings per share (TTM)||AUDA$-0.388|
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
Important: Share trading carries risk of capital loss.
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Is it a good time to buy MGM Wireless 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.
MGM Wireless price performance over time
|1 week (2020-10-22)||0%|
|1 month (2020-09-29)||-10.00%|
|3 months (2020-07-29)||17.39%|
|6 months (2020-04-29)||50.00%|
|1 year (2019-10-29)||-61.21%|
|2 years (2018-10-29)||-56.17%|
|3 years (2017-10-27)||217.65%|
|5 years (2015-10-29)||1.89%|
MGM Wireless financials
|Revenue TTM||$10.5 million|
|Gross profit TTM||$4.7 million|
|Return on assets TTM||-35.21%|
|Return on equity TTM||-65.03%|
|Market capitalisation||$22.3 million|
TTM: trailing 12 months
MGM Wireless share dividends
We're not expecting MGM Wireless to pay a dividend over the next 12 months.
Have MGM Wireless 's shares ever split?
MGM Wireless 's shares were split on a 10:1 basis on 2 December 2019. So if you had owned 1 share the day before before the split, the next day you'd have owned 10 shares. This wouldn't directly have changed the overall worth of your MGM Wireless shares – just the quantity. However, indirectly, the new 90% lower share price could have impacted the market appetite for MGM Wireless shares which in turn could have impacted MGM Wireless 's share price.
MGM Wireless share price volatility
Over the last 12 months, MGM Wireless 's shares have ranged in value from as little as $0.069 up to $0.365. 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 MGM Wireless 's is 0.5967. This would suggest that MGM Wireless 's shares are less volatile than average (for this exchange).
MGM Wireless overview
MGM Wireless Limited designs, develops, and commercializes smartphone + watch wearables devices for children, and software for school communication and student absence management in Australia, New Zealand, the United Kingdom, and the United States. The company operates through School Messaging Services, Smart Watches and Apps, and Other segments. It offers Outreach+, a content management and messaging platform for mobile school communications; School Star, a school news and messaging app; and MessageYou, a student absence notification. The company also provides WatchLists, an absence analytics software; and RollMarker, a student attendance management solution. In addition, it supplies Spacetalk smartwatches and applications through retail distribution networks and online sales. MGM Wireless Limited is headquartered in Rose Park, Australia.
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