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How to buy Midway shares
Own Midway shares in just a few minutes.
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Midway Limited is a lumber & wood production business based in Australia. Midway shares (MWY) are listed on the Australian Securities Exchange (ASX) and all prices are listed in Australian Dollars. Midway has a trailing 12-month revenue of around $264.2 million..
How to buy shares in Midway
- 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 Midway . Find the share by name or ticker symbol: MWY. 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 Midway 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 $0.845, 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 Midway . 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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Use our graph to track the performance of MWY stocks over time.Midway shares at a glance
Information last updated 2021-01-25.
| 52-week range | $0.7 - $1.895 |
|---|---|
| 50-day moving average | $0.8886 |
| 200-day moving average | $0.9453 |
| Target price | $3.78 |
| PE ratio | 5.8667 |
| Dividend yield | $0.18 (19.35%) |
| Earnings per share (TTM) | $0.148 |
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 Midway 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.
Midway price performance over time
Historical closes compared with the close of A$0.845 on 2021-01-25
| 1 week (2021-01-18) | 3.05% |
|---|---|
| 1 month (2020-12-24) | -7.14% |
| 3 months (2020-10-23) | -29.58% |
| 6 months (2020-07-24) | 6.96% |
| 1 year (2020-01-24) | -55.53% |
|---|---|
| 2 years (2019-01-25) | -74.39% |
| 3 years (2018-01-25) | -65.79% |
| 5 years (2016-01-22) | N/A |
Is Midway under- or over-valued?
Valuing Midway stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Midway 's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Midway 's P/E ratio
Midway 's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 6x. In other words, Midway shares trade at around 6x 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.
Midway 's EBITDA
Midway 's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $11.5 million.
The EBITDA is a measure of a Midway 's overall financial performance and is widely used to measure a its profitability.
Midway financials
| Revenue TTM | $264.2 million |
|---|---|
| Gross profit TTM | $97.4 million |
| Return on assets TTM | -0.38% |
| Return on equity TTM | -8.6% |
| Profit margin | -4.55% |
| Book value | 1.469 |
| Market capitalisation | $73.8 million |
TTM: trailing 12 months
Midway share dividends
We're not expecting Midway to pay a dividend over the next 12 months.
Midway share price volatility
Over the last 12 months, Midway 's shares have ranged in value from as little as $0.7 up to $1.895. 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 Midway 's is 0.6422. This would suggest that Midway 's shares are less volatile than average (for this exchange).
Midway overview
Midway Limited, together with its subsidiaries, processes, sells, markets, and exports woodfibre to the pulp and paper industries in Australia, Japan, China, and South East Asia. It operates through Wood Processing, Forestry Logistics, and Plantation Management segments. The company offers hardwood and softwood woodchips, as well as biomass woodchips and sawdust. It also provides planation management services; and support services to third parties engaged in growing woodfibre, including harvest, infield chipping, and haulage. In addition, the company markets third party wood fiber. The company was founded in 1980 and is headquartered in North Geelong, Australia.
Frequently asked questions
Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, CFDs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading CFDs comes with a higher risk of losing money rapidly due to leverage. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.
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