How to buy MMA Offshore shares | A$0.063

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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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

• Key figures

Information last updated 2020-10-20.

Latest market close	AUDA$0.063
52-week range	AUDA$0.037 - AUDA$0.195
50-day moving average	AUDA$0.0525
200-day moving average	AUDA$0.1085
Target price	AUDA$0.32
PE ratio	N/A
Dividend yield	N/A (0%)
Earnings per share (TTM)	AUDA$-0.044

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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 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.

Technical Analysis of MMA Offshore Limited by TradingView

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".

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.

Frequently asked questions

• What percentage of MMA Offshore is owned by insiders or institutions?

  Currently 35.807% of MMA Offshore shares are held by insiders and 49.98% by institutions.

• When does the fiscal year end for MMA Offshore ?

  MMA Offshore 's fiscal year ends in June.

• Where is MMA Offshore based?

  MMA Offshore 's address is: 404 Orrong Road, Welshpool, WA, Australia, 6106

• What is MMA Offshore 's ISIN number?

  MMA Offshore 's international securities identification number is: AU000000MRM7