How to buy State Gas shares | A$0.59

State Gas Limited is an oil & gas e&p business based in Australia. State Gas shares (GAS) are listed on the Australian Securities Exchange (ASX) and all prices are listed in Australian Dollars. Its last market close was $0.59 – a decrease of 7.81% over the previous week. State Gas has a trailing 12-month revenue of around $14,559.

How to buy shares in State Gas

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 State Gas . Find the share by name or ticker symbol: GAS. 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 State Gas 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 $0.59, 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 State Gas . 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 State Gas 's share price?

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

Its last market close was $0.59, which is 7.63% up on its pre-crash value of $0.545 and 59.46% up on the lowest point reached during the March crash when the shares fell as low as $0.37.

If you had bought $1,000 worth of State Gas shares at the start of February 2020, those shares would have been worth $633.33 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 $983.34.

State Gas share price

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

State Gas shares at a glance

• Key figures

Information last updated 2020-10-20.

Latest market close	AUDA$0.59
52-week range	AUDA$0.33 - AUDA$0.822
50-day moving average	AUDA$0.5972
200-day moving average	AUDA$0.4708
Target price	N/A
PE ratio	N/A
Dividend yield	N/A (0%)
Earnings per share (TTM)	AUDA$-0.015

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AUD 8

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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 State Gas 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 State Gas Limited by TradingView

State Gas price performance over time

Historical closes compared with the close of A$0.59 on 2020-10-21

1 week (2020-10-12)	-9.23%
1 month (2020-09-22)	3.51%
3 months (2020-07-18)	N/A
6 months (2020-04-18)	N/A

1 year (2019-10-18)	-25.32%
2 years (2018-10-18)	180.95%
3 years (2017-10-19)	73.53%
5 years (2015-10-18)	N/A

State Gas financials

Revenue TTM	$14,559
Gross profit TTM	$55,705
Return on assets TTM	-16.71%
Return on equity TTM	-30.88%
Profit margin	0%
Book value	0.08
Market capitalisation	$98.5 million

TTM: trailing 12 months

State Gas share dividends

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

State Gas share price volatility

Over the last 12 months, State Gas 's shares have ranged in value from as little as $0.33 up to $0.822. 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 State Gas 's is 0.0958. This would suggest that State Gas 's shares are less volatile than average (for this exchange).

State Gas overview

State Gas Limited engages in the exploration and development of gas fields in Australia. Its principal property is the Reid's Dome gas project comprising the production lease 231 permit located in the Bowen Basin in Central Queensland. The company was incorporated in 2017 and is headquartered in Brisbane, Australia.

Frequently asked questions

• What percentage of State Gas is owned by insiders or institutions?

  Currently 61.478% of State Gas shares are held by insiders and 1.026% by institutions.

• When does the fiscal year end for State Gas ?

  State Gas 's fiscal year ends in June.

• Where is State Gas based?

  State Gas 's address is: 46 Edward Street, Brisbane, QLD, Australia, 4000

• What is State Gas 's ISIN number?

  State Gas 's international securities identification number is: AU000000GAS2