How to buy Prospa Group shares | A$0.71

Prospa Group Limited is a software—infrastructure business based in Australia. Prospa Group shares (PGL) are listed on the Australian Securities Exchange (ASX) and all prices are listed in Australian Dollars. Its last market close was $0.71 – an increase of 1.43% over the previous week. Prospa Group has a trailing 12-month revenue of around $68.3 million.

How to buy shares in Prospa Group

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 Prospa Group . Find the share by name or ticker symbol: PGL. 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 Prospa Group 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 $0.71, 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 Prospa 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.

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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 Prospa Group 's share price?

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

Its last market close was $0.71, which is 61.31% down on its pre-crash value of $1.835 and 77.50% up on the lowest point reached during the March crash when the shares fell as low as $0.4.

If you had bought $1,000 worth of Prospa Group shares at the start of February 2020, those shares would have been worth $250.63 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 $355.89.

Prospa Group share price

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

Prospa Group shares at a glance

• Key figures

Information last updated 2020-10-20.

Latest market close	AUDA$0.71
52-week range	AUDA$0.4 - AUDA$4.04
50-day moving average	AUDA$0.7303
200-day moving average	AUDA$0.8694
Target price	N/A
PE ratio	N/A
Dividend yield	N/A (0%)
Earnings per share (TTM)	AUDA$-0.215

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AUD 8

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• Brokerage - AU shares: From AUD 5 or 0.05%
• Brokerage - US shares: USD 0
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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 Prospa 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.

Technical Analysis of Prospa Group Limited by TradingView

Prospa Group price performance over time

Historical closes compared with the close of A$0.71 on 2020-10-20

1 week (2020-10-10)	N/A
1 month (2020-09-21)	1.43%
3 months (2020-07-17)	-21.98%
6 months (2020-04-17)	-23.66%

1 year (2019-10-18)	-82.34%
2 years (2018-10-17)	N/A
3 years (2017-10-17)	N/A
5 years (2015-10-17)	N/A

Prospa Group financials

Revenue TTM	$68.3 million
Gross profit TTM	$68.3 million
Return on assets TTM	-5.27%
Return on equity TTM	-17.87%
Profit margin	-36.5%
Book value	0.8
Market capitalisation	$115.6 million

TTM: trailing 12 months

Prospa Group share dividends

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

Prospa Group overview

Prospa Group Limited, a financial technology company, operates as an online lender in Australia. The company offers small business loans, business line of credits, and Prospa Pay, a trade finance solution, as well as short term loans to small businesses. It serves art and lifestyle, building and trade, financial services, hair and beauty, health, hospitality, manufacturing, professional services, retail, transport, wholesaling, and other industries. Prospa Group Limited was founded in 2012 and is based in Sydney, Australia.

Frequently asked questions

• What percentage of Prospa Group is owned by insiders or institutions?

  Currently 77.432% of Prospa Group shares are held by insiders and 5.558% by institutions.

• When does the fiscal year end for Prospa Group ?

  Prospa Group 's fiscal year ends in June.

• Where is Prospa Group based?

  Prospa Group 's address is: 4-16 Yurong Street, Sydney, NSW, Australia, 2000