How to buy Primero Group shares | A$0.4
Own Primero Group shares in just a few minutes.
Primero Group Limited is an engineering & construction business based in Australia. Primero Group shares (PGX) are listed on the Australian Securities Exchange (ASX) and all prices are listed in Australian Dollars. Its last market close was $0.4 – the same closing value as a week prior. Primero Group has a trailing 12-month revenue of around $206.1 million.
How to buy shares in Primero Group
- 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 Primero Group . Find the share by name or ticker symbol: PGX. 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 Primero Group 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 $0.4, 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 Primero Group . 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?
How has coronavirus impacted Primero Group 's share price?
Since the stock market crash in March caused by coronavirus, Primero Group 's share price has had significant positive movement.
Its last market close was $0.4, which is 5.00% up on its pre-crash value of $0.38 and 300.00% up on the lowest point reached during the March crash when the shares fell as low as $0.1.
If you had bought $1,000 worth of Primero Group shares at the start of February 2020, those shares would have been worth $324.68 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 $1,038.96.
Primero Group share priceUse our graph to track the performance of PGX stocks over time.
Primero Group shares at a glance
|Latest market close||AUDA$0.4|
|52-week range||AUDA$0.1 - AUDA$0.43|
|50-day moving average||AUDA$0.3078|
|200-day moving average||AUDA$0.268|
|Dividend yield||N/A (0%)|
|Earnings per share (TTM)||AUDA$0.028|
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 Primero Group 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.
Primero Group price performance over time
|1 week (2020-10-16)||0%|
|1 month (2020-09-25)||33.33%|
|3 months (2020-07-24)||33.33%|
|6 months (2020-04-24)||122.22%|
|1 year (2019-10-24)||0%|
|2 years (2018-10-24)||8.11%|
|3 years (2017-10-22)||N/A|
|5 years (2015-10-22)||N/A|
Is Primero Group under- or over-valued?
Valuing Primero Group stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Primero Group 's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Primero Group 's P/E ratio
Primero Group 's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 11x. In other words, Primero Group shares trade at around 11x 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.
Primero Group 's EBITDA
Primero Group 's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $9 million.
The EBITDA is a measure of a Primero Group 's overall financial performance and is widely used to measure a its profitability.
Primero Group financials
|Revenue TTM||$206.1 million|
|Operating margin TTM||3.76%|
|Gross profit TTM||$18.6 million|
|Return on assets TTM||5.12%|
|Return on equity TTM||11.4%|
|Market capitalisation||$74.4 million|
TTM: trailing 12 months
Primero Group share dividends
We're not expecting Primero Group to pay a dividend over the next 12 months.
Primero Group share price volatility
Over the last 12 months, Primero Group 's shares have ranged in value from as little as $0.1 up to $0.43. 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 Primero Group 's is 1.3984. This would suggest that Primero Group 's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).
Primero Group overview
Primero Group Limited provides design, engineering, construction, and operational services to the minerals, energy, and infrastructure sectors in Australia. Its services include full plant design and feasibility studies; project management and planning; turnkey in-house construction services in civil, structural, mechanical, piping, electrical, instrumentation, and control systems areas; commissioning; and operations and maintenance. The company was founded in 2011 and is headquartered in Osborne Park, Australia.
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