How to buy New Zealand Coastal Seafoods shares | A$0.037

New Zealand Coastal Seafoods Limited is a packaged foods business based in Australia. New Zealand Coastal Seafoods shares (NZS) are listed on the Australian Securities Exchange (ASX) and all prices are listed in Australian Dollars. Its last market close was $0.037 – a decrease of 15.91% over the previous week. New Zealand Coastal Seafoods has a trailing 12-month revenue of around $1.5 million.

How to buy shares in New Zealand Coastal Seafoods

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 New Zealand Coastal Seafoods . Find the share by name or ticker symbol: NZS. 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 New Zealand Coastal Seafoods 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 $0.037, 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 New Zealand Coastal Seafoods . 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 New Zealand Coastal Seafoods 's share price?

Since the stock market crash in March caused by coronavirus, New Zealand Coastal Seafoods 's share price has had significant positive movement.

Its last market close was $0.037, which is 74.86% up on its pre-crash value of $0.0093 and 469.23% up on the lowest point reached during the March crash when the shares fell as low as $0.0065.

If you had bought $1,000 worth of New Zealand Coastal Seafoods shares at the start of February 2020, those shares would have been worth $537.19 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 $3,057.85.

New Zealand Coastal Seafoods share price

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

New Zealand Coastal Seafoods shares at a glance

• Key figures

Information last updated 2020-10-13.

Latest market close	AUDA$0.037
52-week range	AUDA$0.0065 - AUDA$0.084
50-day moving average	AUDA$0.0495
200-day moving average	AUDA$0.0275
Target price	N/A
PE ratio	0.9023
Dividend yield	N/A (0%)
Earnings per share (TTM)	AUDA$-0.0133

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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 New Zealand Coastal Seafoods 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 New Zealand Coastal Seafoods Limited by TradingView

New Zealand Coastal Seafoods price performance over time

Historical closes compared with the close of A$0.037 on 2020-10-19

1 week (2020-10-12)	-15.91%
1 month (2020-09-18)	-26.00%
3 months (2020-07-17)	94.74%
6 months (2020-04-17)	98.92%

1 year (2019-10-18)	121.56%
2 years (2018-10-16)	N/A
3 years (2017-10-16)	N/A
5 years (2015-10-19)	-96.48%

Is New Zealand Coastal Seafoods under- or over-valued?

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

New Zealand Coastal Seafoods 's P/E ratio

New Zealand Coastal Seafoods 's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 1x. In other words, New Zealand Coastal Seafoods shares trade at around 1x 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.

New Zealand Coastal Seafoods financials

Revenue TTM	$1.5 million
Gross profit TTM	$155,380
Return on assets TTM	-59.01%
Return on equity TTM	-433.04%
Profit margin	0%
Book value	0.005
Market capitalisation	$29.8 million

TTM: trailing 12 months

New Zealand Coastal Seafoods share dividends

We're not expecting New Zealand Coastal Seafoods to pay a dividend over the next 12 months.

Have New Zealand Coastal Seafoods 's shares ever split?

New Zealand Coastal Seafoods 's shares were split on a 3:1 basis on 16 June 2019. So if you had owned 1 share the day before before the split, the next day you'd have owned 3 shares. This wouldn't directly have changed the overall worth of your New Zealand Coastal Seafoods shares – just the quantity. However, indirectly, the new 66.7% lower share price could have impacted the market appetite for New Zealand Coastal Seafoods shares which in turn could have impacted New Zealand Coastal Seafoods 's share price.

New Zealand Coastal Seafoods overview

New Zealand Coastal Seafoods Limited produces nutraceuticals, seafood products, and marine ingredients in New Zealand, Australia, and Asia. It offers ready to eat products, such as cooked ling maw, cooked paua, and powdered collagen ling maw nutraceutical products under the NZCS brand. The company also offers products its online. New Zealand Coastal Seafoods Limited was incorporated in 2007 and is based in Nedlands, Australia.

Frequently asked questions

• What percentage of New Zealand Coastal Seafoods is owned by insiders or institutions?

  Currently 45.824% of New Zealand Coastal Seafoods shares are held by insiders and 25.682% by institutions.

• When does the fiscal year end for New Zealand Coastal Seafoods ?

  New Zealand Coastal Seafoods 's fiscal year ends in June.

• Where is New Zealand Coastal Seafoods based?

  New Zealand Coastal Seafoods 's address is: 145 Stirling Highway, Nedlands, WA, Australia, 6009