How to buy Phoslock Environmental Technologies shares | A$0.245
Own Phoslock Environmental Technologies shares in just a few minutes.
We’re committed to our readers and editorial independence. We don’t compare all products in the market and may receive compensation when we refer you to our partners, but this does not influence our opinions or reviews. Learn more about Finder .
Phoslock Environmental Technologies Limited is a pollution & treatment controls business based in Australia. Phoslock Environmental Technologies shares (PET) are listed on the Australian Securities Exchange (ASX) and all prices are listed in Australian Dollars. Its last market close was $0.245 – the same closing value as a week prior. Phoslock Environmental Technologies has a trailing 12-month revenue of around $16 million.
How to buy shares in Phoslock Environmental Technologies
- 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 Phoslock Environmental Technologies . Find the share by name or ticker symbol: PET. 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 Phoslock Environmental Technologies 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 $0.245, 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 Phoslock Environmental Technologies . 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.
What's in this guide?
- Phoslock Environmental Technologies key stats
- Compare share trading platforms
- Is Phoslock Environmental Technologies stock a buy or sell?
- Phoslock Environmental Technologies performance over time
- Are Phoslock Environmental Technologies shares over-valued?
- Phoslock Environmental Technologies 's financials
- How volatile are Phoslock Environmental Technologies shares?
- Does Phoslock Environmental Technologies pay a dividend?
- Have Phoslock Environmental Technologies shares ever split?
- Other common questions
How has coronavirus impacted Phoslock Environmental Technologies 's share price?
Since the stock market crash in March caused by coronavirus, Phoslock Environmental Technologies 's share price has had significant negative movement.
Its last market close was $0.245, which is 67.76% down on its pre-crash value of $0.76 and 18.37% down on the lowest point reached during the March crash when the shares fell as low as $0.29.
If you had bought $1,000 worth of Phoslock Environmental Technologies shares at the start of February 2020, those shares would have been worth $478.26 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 $355.07.
Phoslock Environmental Technologies share priceUse our graph to track the performance of PET stocks over time.
Phoslock Environmental Technologies shares at a glance
|Latest market close||AUDA$0.245|
|52-week range||AUDA$0.185 - AUDA$1.135|
|50-day moving average||AUDA$0.2467|
|200-day moving average||AUDA$0.3649|
|Dividend yield||N/A (0.85%)|
|Earnings per share (TTM)||AUDA$0.005|
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.
Compare share trading platforms
Is it a good time to buy Phoslock Environmental Technologies 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.
Phoslock Environmental Technologies price performance over time
|1 week (2020-10-19)||0%|
|1 month (2020-09-25)||0%|
|3 months (2020-07-24)||-10.91%|
|6 months (2020-04-24)||-52.43%|
|1 year (2019-10-25)||-75.74%|
|2 years (2018-10-26)||-42.07%|
|3 years (2017-10-26)||26.29%|
|5 years (2015-10-26)||883.94%|
Is Phoslock Environmental Technologies under- or over-valued?
Valuing Phoslock Environmental Technologies stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Phoslock Environmental Technologies 's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Phoslock Environmental Technologies 's P/E ratio
Phoslock Environmental Technologies 's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 58x. In other words, Phoslock Environmental Technologies shares trade at around 58x recent earnings.
That's relatively high compared to, say, the P/E ratio for the ASX over the 12 months to December 2019 (32.14). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.
Phoslock Environmental Technologies 's EBITDA
Phoslock Environmental Technologies 's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $3.9 million.
The EBITDA is a measure of a Phoslock Environmental Technologies 's overall financial performance and is widely used to measure a its profitability.
Phoslock Environmental Technologies financials
|Revenue TTM||$16 million|
|Gross profit TTM||$13.4 million|
|Return on assets TTM||6.91%|
|Return on equity TTM||10.01%|
|Market capitalisation||$169.1 million|
TTM: trailing 12 months
Phoslock Environmental Technologies share dividends
We're not expecting Phoslock Environmental Technologies to pay a dividend over the next 12 months.
Have Phoslock Environmental Technologies 's shares ever split?
Phoslock Environmental Technologies 's shares were split on a 201:200 basis on 18 September 2019. So if you had owned 200 shares the day before before the split, the next day you'd have owned 201 shares. This wouldn't directly have changed the overall worth of your Phoslock Environmental Technologies shares – just the quantity. However, indirectly, the new 0.5% lower share price could have impacted the market appetite for Phoslock Environmental Technologies shares which in turn could have impacted Phoslock Environmental Technologies 's share price.
Phoslock Environmental Technologies share price volatility
Over the last 12 months, Phoslock Environmental Technologies 's shares have ranged in value from as little as $0.185 up to $1.135. 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 Phoslock Environmental Technologies 's is 0.1995. This would suggest that Phoslock Environmental Technologies 's shares are less volatile than average (for this exchange).
Phoslock Environmental Technologies overview
Phoslock Environmental Technologies Limited engages in the design, engineering, and project implementation solutions for water related projects and water treatment products. It offers Phoslock, a lanthanum modified bentonite material that removes excess phosphate from water and reduces the growth of harmful algae; Zeolite that is applied to heavily polluted water in order to bind nitrogen; and Bacteria for use in water treatment processes to enhance the quality of water. The company's products are used to clean up lakes, rivers, canals, and drinking water reservoirs. It offers its products through licensees and sales agents in Australia and New Zealand; Europe and the United Kingdom; the United States, Canada, and Brazil; and China. The company was formerly known as Phoslock Water Solutions Limited and changed its name to Phoslock Environmental Technologies Limited in August 2018. Phoslock Water Solutions Limited was founded in 2002 and is headquartered in Melbourne, Australia.
Frequently asked questions
More guides on Finder
Where to buy Xbox One racing wheels online in Australia
A list of stores to buy Xbox One racing wheels online in Australia.
Where to buy Xbox One consoles online in Australia
A list of stores to buy Xbox One consoles online in Australia.
Where to buy Xbox One chargers online in Australia
A list of stores to buy Xbox One chargers online in Australia.
Where to buy Xbox One cables online in Australia
A list of stores to buy Xbox One cables online in Australia.
Where to buy Xbox 360 online in Australia
A list of stores to buy Xbox 360 online in Australia.
Where to buy Xbox 360 remotes online in Australia
A list of stores to buy Xbox 360 remotes online in Australia.
Where to buy Xbox 360 racing wheels online in Australia
A list of stores to buy Xbox 360 racing wheels online in Australia.
Where to buy Xbox 360 headsets online in Australia
A list of stores to buy Xbox 360 headsets online in Australia.
Where to buy Xbox 360 games online in Australia
A list of stores to buy Xbox 360 games online in Australia.
Where to buy Xbox 360 gamepads & standard controllers online in Australia
A list of stores to buy Xbox 360 gamepads & standard controllers online in Australia.
Ask an Expert