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How to buy MMA Offshore shares | A$0.063

Own MMA Offshore shares in just a few minutes.

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MMA Offshore Limited is a marine shipping business based in Australia. MMA Offshore shares (MRM) are listed on the Australian Securities Exchange (ASX) and all prices are listed in Australian Dollars. Its last market close was $0.063 – an increase of 3.28% over the previous week. MMA Offshore has a trailing 12-month revenue of around $273 million.

How to buy shares in MMA Offshore

  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 MMA Offshore . Find the share by name or ticker symbol: MRM. 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 MMA Offshore 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 $0.063, 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 MMA Offshore . 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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For 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.

How has coronavirus impacted MMA Offshore 's share price?

Since the stock market crash in March caused by coronavirus, MMA Offshore 's share price has had significant negative movement.

Its last market close was $0.063, which is 58.00% down on its pre-crash value of $0.15 and 14.55% up on the lowest point reached during the March crash when the shares fell as low as $0.055.

If you had bought $1,000 worth of MMA Offshore shares at the start of February 2020, those shares would have been worth $375.00 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 $393.75.

MMA Offshore share price

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

MMA Offshore shares at a glance

Information last updated 2020-10-20.
Latest market closeAUDA$0.063
52-week rangeAUDA$0.037 - AUDA$0.195
50-day moving average AUDA$0.0525
200-day moving average AUDA$0.1085
Target priceAUDA$0.32
PE ratio N/A
Dividend yield N/A (0%)
Earnings per share (TTM) AUDA$-0.044

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.
Data indicated here is updated regularly
Name Product Standard brokerage fee Inactivity fee Markets
IG Share Trading
Finder Award
IG Share Trading
AUD 8 or 0.1%
AUD 50 per quarter if you make fewer than three trades in that period
ASX shares, Global shares, Forex, CFDs, Margin trading
Brokerage discount: $5 on Australian shares for active traders & $0 commission on US and global shares
Enjoy some of the lowest brokerage fees on the market when trading Australian shares, international shares, forex and CFDs, plus get access to 24-hour customer support.
Superhero share trading
AUD 5
No
ASX shares
Pay zero brokerage on all Australian ETFs.
Trade ASX stocks with a flat $5 commission fee and a low minimum investment of just $100.
CMC Markets Stockbroking
AUD 11 or 0.1%
No
ASX shares, Global shares, Forex, CFDs, Margin trading, Options trading, mFunds
$0 brokerage on global shares including US, UK and Japan markets.
Trade up to 9,000 products, including shares, managed funds, forex, commodities and cryptocurrencies, plus access up to 15 major global and Australian stock exchanges.
ANZ Share Investing
AUD 19.95
No
ASX shares, Global shares, Margin trading, Options trading
Earn 1 Qantas Point per AU$3 spent on brokerage fees on certain instruments.
Access Morningstar reports, company announcements and and live pricing via ANZ’s share investing platform. Available for desktop and mobile.
Westpac Online Investing Account
AUD 19.95 or 0.11%
AUD 63.50 per year on the global markets account
ASX shares, Global shares, Options trading, US shares
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Is it a good time to buy MMA Offshore 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.

MMA Offshore price performance over time

Historical closes compared with the close of A$0.063 on 2020-10-22

1 week (2020-10-19) 3.28%
1 month (2020-09-25) 10.53%
3 months (2020-07-24) 12.50%
6 months (2020-04-24) -16.00%
1 year (2019-10-25) -67.69%
2 years (2018-10-26) -74.29%
3 years (2017-10-26) -61.11%
5 years (2015-10-26) -85.82%

Is MMA Offshore under- or over-valued?

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

MMA Offshore 's PEG ratio

MMA Offshore 's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 0.15. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into MMA Offshore 's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

MMA Offshore 's EBITDA

MMA Offshore 's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $17.4 million.

The EBITDA is a measure of a MMA Offshore 's overall financial performance and is widely used to measure a its profitability.

MMA Offshore financials

Revenue TTM $273 million
Gross profit TTM $10.8 million
Return on assets TTM -2.32%
Return on equity TTM -35.52%
Profit margin -34.42%
Book value 0.246
Market capitalisation $61.1 million

TTM: trailing 12 months

MMA Offshore share dividends

We're not expecting MMA Offshore to pay a dividend over the next 12 months.

MMA Offshore share price volatility

Over the last 12 months, MMA Offshore 's shares have ranged in value from as little as $0.037 up to $0.195. A popular way to gauge a stock's volatility is its "beta".

MRM.AU volatility(beta: 0.88)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (AU average) beta is 1, while MMA Offshore 's is 0.8812. This would suggest that MMA Offshore 's shares are less volatile than average (for this exchange).

MMA Offshore overview

MMA Offshore Limited provides marine logistics and marine services to the offshore oil and gas industry in Australia and internationally. The company offers offshore services, including offtake support; supply operations support; construction support; seismic and survey support; tug and barge operations; anchor handling and towing; and accommodation support services. It also provides subsea services, such as dive and ROV, and installation support, as well as inspection, maintenance, and repair services; onshore services comprising engineering and technical management, new build and vessel modification, and marine manning services; and project logistics services, as well as operates onshore facilities. It owns and operates a fleet of approximately 30 offshore vessels. The company was formerly known as Mermaid Marine Australia Limited and changed its name to MMA Offshore Limited in December 2014. MMA Offshore Limited was founded in 1989 and is based in Welshpool, Australia.

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