How to buy NZME shares | A$0.595
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NZME Limited is an entertainment business based in Australia. NZME shares (NZM) are listed on the Australian Securities Exchange (ASX) and all prices are listed in Australian Dollars. Its last market close was $0.595 – an increase of 3.48% over the previous week. and has a market cap (total outstanding shares value) of $114.2 million.
How to buy shares in NZME
- 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.
- 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.
- Search for NZME . Find the share by name or ticker symbol: NZM. Research its history to confirm it's a solid investment against your financial goals.
- Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until NZME reaches your desired price. To spread out your risk, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
- Decide on how many to buy. At today's price of $0.595, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs.
- Check in on your investment. Congratulations, you own a part of NZME . 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.
🧪How we chose these brokersFor our Top Picks, we compared our Finder partners using a proprietary algorithm in August 2020. Keep in mind that our top picks may not always be the best for you, and you're encouraged to compare for yourself to find one that works for you. Read our full methodology here to find out more.
How has coronavirus impacted NZME 's share price?
Since the stock market crash in March caused by coronavirus, NZME 's share price has had significant positive movement.
Its last market close was $0.595, which is 46.22% up on its pre-crash value of $0.32 and 283.87% up on the lowest point reached during the March crash when the shares fell as low as $0.155.
If you had bought $1,000 worth of NZME shares at the start of February 2020, those shares would have been worth $520.00 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 $1,586.67.
NZME share priceUse our graph to track the performance of NZM stocks over time.
NZME shares at a glance
|Latest market close||AUDA$0.595|
|52-week range||AUDA$0.155 - AUDA$0.625|
|50-day moving average||AUDA$0.4347|
|200-day moving average||AUDA$0.2787|
|Dividend yield||AUDA$0.07 (19.59%)|
|Earnings per share (TTM)||AUDA$0.059|
Standard brokerage - Australian shares
Share Trading Account Offer
Competitive broker fees on Australian and international shares
- Brokerage - AU shares: From AUD 5 or 0.05%
- Brokerage - US shares: USD 0
- Sign-up process: Instant
- Support - After hours: Yes
Important: Share trading carries risk of capital loss.
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Is it a good time to buy NZME 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.
NZME price performance over time
|1 week (2020-10-13)||2.59%|
|1 month (2020-09-18)||35.23%|
|3 months (2020-07-20)||170.45%|
|6 months (2020-04-20)||158.70%|
|1 year (2019-10-18)||56.58%|
|2 years (2018-10-19)||5.31%|
|3 years (2017-10-20)||-25.63%|
|5 years (2015-10-16)||N/A|
Is NZME under- or over-valued?
Valuing NZME stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of NZME 's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
NZME 's P/E ratio
NZME 's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 8x. In other words, NZME shares trade at around 8x 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.
|Gross profit TTM||$70.7 million|
|Return on assets TTM||4.08%|
|Return on equity TTM||-81.39%|
|Market capitalisation||$114.2 million|
TTM: trailing 12 months
NZME share dividends
We're not expecting NZME to pay a dividend over the next 12 months.
NZME share price volatility
Over the last 12 months, NZME 's shares have ranged in value from as little as $0.155 up to $0.625. 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 NZME 's is 1.7749. This would suggest that NZME 's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).
NZME Limited, together with its subsidiaries, operates as an integrated media and entertainment company in New Zealand. It offers its products through 39 print publications and 9 radio channels. The company's principal brands include The New Zealand Herald, Newstalk ZB, The Hits, ZM, WatchMe, nzherald.co.nz, and e-Commerce platform GrabOne. NZME Limited was formerly known as Wilson & Horton Limited. The company was incorporated in 2016 and is headquartered in Auckland, New Zealand.
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