How to buy Pioneer Credit shares | A$0.45

Pioneer Credit Limited is a credit services business based in Australia. Pioneer Credit shares (PNC) are listed on the Australian Securities Exchange (ASX) and all prices are listed in Australian Dollars. Its last market close was $0.45 – an increase of 11.11% over the previous week. Pioneer Credit has a trailing 12-month revenue of around $30.1 million.

How to buy shares in Pioneer Credit

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 Pioneer Credit . Find the share by name or ticker symbol: PNC. 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 Pioneer Credit 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 $0.45, 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 Pioneer Credit . 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 Pioneer Credit 's share price?

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

Its last market close was $0.45, which is 73.99% down on its pre-crash value of $1.73 and 87.50% up on the lowest point reached during the March crash when the shares fell as low as $0.24.

If you had bought $1,000 worth of Pioneer Credit shares at the start of February 2020, those shares would have been worth $291.78 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 $254.96.

Pioneer Credit share price

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

Pioneer Credit shares at a glance

• Key figures

Information last updated 2020-10-20.

Latest market close	AUDA$0.45
52-week range	AUDA$0.195 - AUDA$2.46
50-day moving average	AUDA$0.3135
200-day moving average	AUDA$0.3057
Target price	AUDA$4.19
PE ratio	25.9174
Dividend yield	AUDA$0.09 (25.35%)
Earnings per share (TTM)	AUDA$0.065

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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 Pioneer Credit 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 Pioneer Credit Limited by TradingView

Pioneer Credit price performance over time

Historical closes compared with the close of A$0.45 on 2020-10-22

1 week (2020-10-16)	11.11%
1 month (2020-09-25)	45.16%
3 months (2020-07-24)	57.89%
6 months (2020-04-24)	104.55%

1 year (2019-10-24)	-81.71%
2 years (2018-10-24)	-85.00%
3 years (2017-10-24)	-84.15%
5 years (2015-10-23)	-74.18%

Is Pioneer Credit under- or over-valued?

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

Pioneer Credit 's P/E ratio

Pioneer Credit 's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 26x. In other words, Pioneer Credit shares trade at around 26x 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.

Pioneer Credit financials

Revenue TTM	$30.1 million
Gross profit TTM	$21.3 million
Return on assets TTM	-14.04%
Return on equity TTM	-48.09%
Profit margin	-133.03%
Book value	1.017
Market capitalisation	$26.3 million

TTM: trailing 12 months

Pioneer Credit share dividends

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

Pioneer Credit share price volatility

Over the last 12 months, Pioneer Credit 's shares have ranged in value from as little as $0.195 up to $2.46. 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 Pioneer Credit 's is 1.0585. This would suggest that Pioneer Credit 's shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).

Pioneer Credit overview

Pioneer Credit Limited, together with its subsidiaries, provides financial services in Australia. It acquires and services unsecured retail debt portfolios. Pioneer Credit Limited was incorporated in 2002 and is headquartered in Perth, Australia.

Frequently asked questions

• What percentage of Pioneer Credit is owned by insiders or institutions?

  Currently 28.384% of Pioneer Credit shares are held by insiders and 10.155% by institutions.

• When does the fiscal year end for Pioneer Credit ?

  Pioneer Credit 's fiscal year ends in June.

• Where is Pioneer Credit based?

  Pioneer Credit 's address is: 108 St Georges Terrace, Perth, WA, Australia, 6000

• What is Pioneer Credit 's ISIN number?

  Pioneer Credit 's international securities identification number is: AU000000PNC0