How to buy Openpay shares | A$2.91

Openpay Group Ltd is an information technology services business based in Australia. Openpay shares (OPY) are listed on the Australian Securities Exchange (ASX) and all prices are listed in Australian Dollars. Its last market close was $2.91 – a decrease of 1.69% over the previous week. Openpay has a trailing 12-month revenue of around $18 million.

How to buy shares in Openpay

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 Openpay. Find the share by name or ticker symbol: OPY. 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 Openpay 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 $2.91, 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 Openpay. 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 brokers

For 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 Openpay's share price?

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

Its last market close was $2.91, which is 58.08% up on its pre-crash value of $1.22 and 809.38% up on the lowest point reached during the March crash when the shares fell as low as $0.32.

If you had bought $1,000 worth of Openpay shares at the start of February 2020, those shares would have been worth $266.67 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 $2,424.99.

Openpay share price

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

Openpay shares at a glance

• Key figures

Information last updated 2020-10-20.

Latest market close	AUDA$2.91
52-week range	AUDA$0.32 - AUDA$4.98
50-day moving average	AUDA$3.0975
200-day moving average	AUDA$2.5308
Target price	N/A
PE ratio	N/A
Dividend yield	N/A (0%)
Earnings per share (TTM)	AUDA$-0.2772

Share Trading Account Offer

IG Share Trading Offer

AUD 8

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

Go to site

More info

Important: Share trading carries risk of capital loss.

Compare share trading platforms

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 Openpay 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 Openpay Group Ltd by TradingView

Openpay price performance over time

Historical closes compared with the close of A$2.91 on 2020-10-22

1 week (2020-10-22)	0%
1 month (2020-10-01)	0.34%
3 months (2020-07-31)	-15.16%
6 months (2020-05-01)	185.29%

1 year (2019-10-28)	N/A
2 years (2018-10-28)	N/A
3 years (2017-10-28)	N/A
5 years (2015-10-28)	N/A

Openpay financials

Revenue TTM	$18 million
Gross profit TTM	$-3,224,608
Return on assets TTM	-28.28%
Return on equity TTM	-104.36%
Profit margin	-196.62%
Book value	0.7
Market capitalisation	$333.8 million

TTM: trailing 12 months

Openpay share dividends

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

Openpay overview

Openpay Group Ltd provides Buy Now Pay Later (BNPL) payment solutions in Australia, New Zealand, and the United Kingdom. The company partners with merchants to provide BNPL repayment plans to customers through in-store, in-app, and online channels, as well as facilitates increased transaction values and conversion rates for merchants at checkout. It also offers Openpay for Business, a software as a service portal that enables enterprise customers to manage trade accounts end to end, including applications, credit checks, approvals, and account management in one system. The company serves in healthcare, automotive, home improvement, and retail sectors. Openpay has strategic partnership with ezyVet to extend payment plans to fur babies. Openpay Group Ltd was founded in 2013 and is headquartered in Melbourne, Australia.

Frequently asked questions

• What percentage of Openpay is owned by insiders?

  Currently 92.266% of Openpay shares are held by insiders.

• When does the fiscal year end for Openpay?

  Openpay's fiscal year ends in June.

• Where is Openpay based?

  Openpay's address is: 469 La Trobe Street, Melbourne, VIC, Australia, 3000