How to buy Murray River Organics Group shares | A$0.013

Murray River Organics Group Limited is a farm products business based in Australia. Murray River Organics Group shares (MRG) are listed on the Australian Securities Exchange (ASX) and all prices are listed in Australian Dollars. Its last market close was $0.013 – an increase of 8.33% over the previous week. Murray River Organics Group has a trailing 12-month revenue of around $48.3 million.

How to buy shares in Murray River Organics Group

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 Murray River Organics Group . Find the share by name or ticker symbol: MRG. 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 Murray River Organics Group 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 $0.013, 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 Murray River Organics Group . 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 Murray River Organics Group 's share price?

Since the stock market crash in March caused by coronavirus, Murray River Organics Group 's share price has had significant negative movement.

Its last market close was $0.013, which is 64.96% down on its pre-crash value of $0.0371 and 44.44% up on the lowest point reached during the March crash when the shares fell as low as $0.009.

If you had bought $1,000 worth of Murray River Organics Group shares at the start of February 2020, those shares would have been worth $200.00 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 $260.00.

Murray River Organics Group share price

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

Murray River Organics Group shares at a glance

• Key figures

Information last updated 2020-10-20.

Latest market close	AUDA$0.013
52-week range	AUDA$0.009 - AUDA$0.0586
50-day moving average	AUDA$0.0116
200-day moving average	AUDA$0.0134
Target price	AUDA$0.25
PE ratio	N/A
Dividend yield	N/A (0%)
Earnings per share (TTM)	AUDA$-0.04

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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 Murray River Organics Group 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 Murray River Organics Group Limited by TradingView

Murray River Organics Group price performance over time

Historical closes compared with the close of A$0.013 on 2020-10-22

1 week (2020-10-23)	-7.14%
1 month (2020-10-01)	18.18%
3 months (2020-07-31)	0%
6 months (2020-05-01)	-18.75%

1 year (2019-10-31)	-73.84%
2 years (2018-10-31)	-89.17%
3 years (2017-10-31)	-92.00%
5 years (2015-10-27)	N/A

Murray River Organics Group financials

Revenue TTM	$48.3 million
Gross profit TTM	$1.7 million
Return on assets TTM	-13.21%
Return on equity TTM	-139.49%
Profit margin	-80.82%
Book value	0.009
Market capitalisation	$28.7 million

TTM: trailing 12 months

Murray River Organics Group share dividends

We're not expecting Murray River Organics Group to pay a dividend over the next 12 months.

Murray River Organics Group share price volatility

Over the last 12 months, Murray River Organics Group 's shares have ranged in value from as little as $0.009 up to $0.0586. 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 Murray River Organics Group 's is 2.114. This would suggest that Murray River Organics Group 's shares are significantly more volatile than the average for this exchange and represent a higher risk.

Murray River Organics Group overview

Murray River Organics Group Limited produces, markets, and sells organic and natural food products primarily in Australia. Its products include dried vine fruits, wine and table grapes, nuts, seeds, sweeteners, dried berries, cacao, legumes and pulses, citrus, and coconut, as well as flour products, grains, and oils and liquids. The company also offers functional ingredients, such as agave inulin, agave powder, coconut mct oil and powder, honey powder, maca powder, psyllium husk, and tapioca flour; and other products, including licorice, pasta, and salt. It serves retail customers, such as supermarkets and specialty retail; wholesale and industrial; customers using dried vine fruits; and fresh fruit comprising processors and wine makers. The company offers its products primarily under the Murray River Organics, Gobble, Premium Australian Clusters, and Murray River Wholefoods brands, as well as private label offerings. It also exports its products to the United States, Asia, and Europe. The company was founded in 2010 and is headquartered in Dandenong, Australia.

Frequently asked questions

• What percentage of Murray River Organics Group is owned by insiders or institutions?

  Currently 9.815% of Murray River Organics Group shares are held by insiders and 62.548% by institutions.

• When does the fiscal year end for Murray River Organics Group ?

  Murray River Organics Group 's fiscal year ends in June.

• Where is Murray River Organics Group based?

  Murray River Organics Group 's address is: 32 Crompton Way, Dandenong, VIC, Australia, 3175

• What is Murray River Organics Group 's ISIN number?

  Murray River Organics Group 's international securities identification number is: AU000000MRG9