How to buy NuEnergy Gas shares | A$0.013

NuEnergy Gas Limited is an oil & gas e&p business based in Australia. NuEnergy Gas shares (NGY) are listed on the Australian Securities Exchange (ASX) and all prices are listed in Australian Dollars. Its last market close was $0.013 – a decrease of 7.14% over the previous week. NuEnergy Gas has a trailing 12-month revenue of around $236.

How to buy shares in NuEnergy Gas

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 NuEnergy Gas . Find the share by name or ticker symbol: NGY. 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 NuEnergy Gas 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 NuEnergy Gas . 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 NuEnergy Gas 's share price?

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

Its last market close was $0.013, which is 27.78% down on its pre-crash value of $0.018 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 NuEnergy Gas shares at the start of February 2020, those shares would have been worth $611.11 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 $722.22.

NuEnergy Gas share price

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

NuEnergy Gas shares at a glance

• Key figures

Information last updated 2020-10-21.

Latest market close	AUDA$0.013
52-week range	AUDA$0.005 - AUDA$0.018
50-day moving average	AUDA$0.0122
200-day moving average	AUDA$0.0117
Target price	N/A
PE ratio	N/A
Dividend yield	N/A (0%)
Earnings per share (TTM)	AUDA$-0.011

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AUD 8

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• Brokerage - AU shares: From AUD 5 or 0.05%
• Brokerage - US shares: USD 0
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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 NuEnergy Gas 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 NuEnergy Gas Limited by TradingView

NuEnergy Gas price performance over time

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

1 week (2020-10-16)	-7.14%
1 month (2020-09-25)	8.33%
3 months (2020-07-24)	62.50%
6 months (2020-04-24)	18.18%

1 year (2019-10-25)	-23.53%
2 years (2018-10-25)	-64.86%
3 years (2017-10-25)	-78.69%
5 years (2015-10-23)	-48.41%

NuEnergy Gas financials

Revenue TTM	$236
Gross profit TTM	$236
Return on assets TTM	-3.39%
Return on equity TTM	-9.98%
Profit margin	0%
Book value	0.014
Market capitalisation	$19.3 million

TTM: trailing 12 months

NuEnergy Gas share dividends

We're not expecting NuEnergy Gas to pay a dividend over the next 12 months.

Have NuEnergy Gas 's shares ever split?

NuEnergy Gas 's shares were split on a 1:4 basis on 26 August 2010. So if you had owned 4 shares the day before before the split, the next day you'd have owned 1 share. This wouldn't directly have changed the overall worth of your NuEnergy Gas shares – just the quantity. However, indirectly, the new 300% higher share price could have impacted the market appetite for NuEnergy Gas shares which in turn could have impacted NuEnergy Gas 's share price.

NuEnergy Gas share price volatility

Over the last 12 months, NuEnergy Gas 's shares have ranged in value from as little as $0.005 up to $0.018. 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 NuEnergy Gas 's is -0.7633. This would suggest that NuEnergy Gas 's shares have been inversely-correlated to the average (for this exchange) – so when the broader market trended up or down, NuEnergy Gas has bucked the trend.

NuEnergy Gas overview

NuEnergy Gas Limited, an independent clean energy company, focuses on the acquisition, exploration, and development of coal bed methane gas projects in Indonesia. It operates six unconventional onshore gas production sharing contracts covering an area of 3,695 square kilometers across South Sumatra, Central Sumatra, and East Kalimantan. The company was incorporated in 1985 and is based in Sydney, Australia. NuEnergy Gas Limited is a subsidiary of Globaltec Formation Berhad.

Frequently asked questions

• What percentage of NuEnergy Gas is owned by insiders?

  Currently 78.072% of NuEnergy Gas shares are held by insiders.

• When does the fiscal year end for NuEnergy Gas ?

  NuEnergy Gas 's fiscal year ends in June.

• Where is NuEnergy Gas based?

  NuEnergy Gas 's address is: Tower 3, Sydney, NSW, Australia, 2000

• What is NuEnergy Gas 's ISIN number?

  NuEnergy Gas 's international securities identification number is: AU000000NGY3