How to buy New Zealand King Salmon Investments shares | A$1.58

New Zealand King Salmon Investments Limited is a farm products business based in Australia. New Zealand King Salmon Investments shares (NZK) are listed on the Australian Securities Exchange (ASX) and all prices are listed in Australian Dollars. Its last market close was $1.58 – an increase of 0.32% over the previous week. and has a market cap (total outstanding shares value) of $223.8 million.

How to buy shares in New Zealand King Salmon Investments

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 King Salmon Investments . Find the share by name or ticker symbol: NZK. 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 King Salmon Investments 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 $1.58, 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 King Salmon Investments . 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 King Salmon Investments 's share price?

Since the stock market crash in March caused by coronavirus, New Zealand King Salmon Investments 's share price has had significant negative movement.

Its last market close was $1.58, which is 26.51% down on its pre-crash value of $2.15 and 25.40% up on the lowest point reached during the March crash when the shares fell as low as $1.26.

If you had bought $1,000 worth of New Zealand King Salmon Investments shares at the start of February 2020, those shares would have been worth $597.15 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 $748.81.

New Zealand King Salmon Investments share price

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

New Zealand King Salmon Investments shares at a glance

• Key figures

Information last updated 2020-10-20.

Latest market close	AUDA$1.58
52-week range	AUDA$1.26 - AUDA$2.2
50-day moving average	AUDA$1.6232
200-day moving average	AUDA$1.7102
Target price	N/A
PE ratio	13.2888
Dividend yield	AUDA$0.05 (2.98%)
Earnings per share (TTM)	AUDA$0.082

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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 King Salmon Investments 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 King Salmon Investments Limited by TradingView

New Zealand King Salmon Investments price performance over time

Historical closes compared with the close of A$1.58 on 2020-10-21

1 week (2020-10-12)	-5.67%
1 month (2020-09-22)	-3.66%
3 months (2020-07-20)	-9.97%
6 months (2020-04-20)	-7.06%

1 year (2019-10-18)	N/A
2 years (2018-10-19)	-34.17%
3 years (2017-10-20)	-10.23%
5 years (2015-10-18)	N/A

Is New Zealand King Salmon Investments under- or over-valued?

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

New Zealand King Salmon Investments 's P/E ratio

New Zealand King Salmon Investments 's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 13x. In other words, New Zealand King Salmon Investments shares trade at around 13x 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 King Salmon Investments financials

Gross profit TTM	$58.3 million
Return on assets TTM	5.65%
Return on equity TTM	10.2%
Profit margin	11.59%
Book value	0.823
Market capitalisation	$223.8 million

TTM: trailing 12 months

New Zealand King Salmon Investments share dividends

Dividend payout ratio: 38.24% of net profits

Recently New Zealand King Salmon Investments has paid out, on average, around 38.24% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 2.98% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), New Zealand King Salmon Investments shareholders could enjoy a 2.98% return on their shares, in the form of dividend payments. In New Zealand King Salmon Investments 's case, that would currently equate to about A$0.05 per share.

While New Zealand King Salmon Investments 's payout ratio might seem fairly standard, it's worth remembering that New Zealand King Salmon Investments may be investing much of the rest of its net profits in future growth.

The latest dividend was paid out to all shareholders who bought their shares by 4 March 2020 (the "ex-dividend date").

New Zealand King Salmon Investments share price volatility

Over the last 12 months, New Zealand King Salmon Investments 's shares have ranged in value from as little as $1.26 up to $2.2. 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 New Zealand King Salmon Investments 's is 0.5237. This would suggest that New Zealand King Salmon Investments 's shares are less volatile than average (for this exchange).

New Zealand King Salmon Investments overview

New Zealand King Salmon Investments Limited, together with its subsidiaries, engages in the farming, processing, and sale of premium salmon products. It offers whole fish, fillets, steaks, portions, wood roasted, cold smoked, and other products. The company sells its products to chefs, retailers, and wholesalers under the Ora King, Regal, Southern Ocean, Big Catch Salmon Burley, and Omega Plus brands, as well as the New Zealand King Salmon label. It serves customers in New Zealand, China, North America, Australia, Japan, Europe, and internationally. The company was incorporated in 2008 and is headquartered in Nelson, New Zealand.

Frequently asked questions

• What percentage of New Zealand King Salmon Investments is owned by insiders or institutions?

  Currently 58.076% of New Zealand King Salmon Investments shares are held by insiders and 4.217% by institutions.

• When does the fiscal year end for New Zealand King Salmon Investments ?

  New Zealand King Salmon Investments 's fiscal year ends in June.

• Where is New Zealand King Salmon Investments based?

  New Zealand King Salmon Investments 's address is: 93 Beatty Street, Nelson, New Zealand, 7011