How to buy Micro-X (MX1) shares
Learn how to easily invest in Micro-X shares.
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Micro-X Limited is a medical devices business based in Australia. Micro-X shares (MX1) are listed on the Australian Securities Exchange (ASX) and all prices are in Australian Dollars. Micro-X has a trailing 12-month revenue of around $5.8 million. If you're looking to buy shares, check out the steps below.
How to buy shares in Micro-X
- 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 Micro-X . Find the share by name or ticker symbol: MX1. 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 Micro-X 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, 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 Micro-X . 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.
Micro-X stock price (ASX:MX1)Use our graph to track the performance of MX1 stocks over time.
Micro-X shares at a glance
|52-week range||$0.16 - $0.45|
|50-day moving average||$0.3267|
|200-day moving average||$0.3447|
|Dividend yield||N/A (0%)|
|Earnings per share (TTM)||$-0.066|
Compare share trading platforms
We update our data regularly, but information can change between updates. Confirm details with the provider you're interested in before making a decision.
Is it a good time to buy Micro-X 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.
Micro-X price performance over time
|1 month (2021-06-29)||4.69%|
|3 months (2021-04-29)||-1.47%|
|Revenue TTM||$5.8 million|
|Gross profit TTM||$-1,763,000|
|Return on assets TTM||-29.98%|
|Return on equity TTM||-120.77%|
|Market capitalisation||$142.5 million|
TTM: trailing 12 months
Micro-X share dividends
We're not expecting Micro-X to pay a dividend over the next 12 months.
Micro-X share price volatility
Over the last 12 months, Micro-X 's shares have ranged in value from as little as $0.16 up to $0.45. 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 Micro-X 's is 1.3983. This would suggest that Micro-X 's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).
Micro-X Limited designs, develops, and manufactures ultra-lightweight carbon nano tube based X-ray products for the healthcare and improvised explosive device imaging security markets in Australia. The company offers Carestream DRX Revolution Nano, an ultra-lightweight digital mobile X-ray system for bedside imaging for use in hospital wards and intensive care units; and Rover, a digital mobile X-Ray unit for deployed military hospitals. It is also developing Mobile Backscatter Imager for stand-off imaging of improvised explosive devices. The company was founded in 2011 and is based in Tonsley, Australia.
Stocks similar to Micro-X
Micro-X in the news
Market Sentiment Around Loss-Making Micro-X Limited (ASX:MX1)
Frequently asked questions
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