How to buy Steamships Trading Company shares | A$9.5
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Steamships Trading Company Limited is an integrated freight & logistics business based in Australia. Steamships Trading Company shares (SST) are listed on the Australian Securities Exchange (ASX) and all prices are listed in Australian Dollars. Its last market close was $9.5 – the same closing value as a week prior. and has a market cap (total outstanding shares value) of $294.6 million.
How to buy shares in Steamships Trading Company
- 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 Steamships Trading Company . Find the share by name or ticker symbol: SST. 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 Steamships Trading Company 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 $9.5, 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 Steamships Trading Company . 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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What's in this guide?
- Steamships Trading Company key stats
- Compare share trading platforms
- Is Steamships Trading Company stock a buy or sell?
- Steamships Trading Company performance over time
- Are Steamships Trading Company shares over-valued?
- Steamships Trading Company 's financials
- How volatile are Steamships Trading Company shares?
- Does Steamships Trading Company pay a dividend?
- Other common questions
How has coronavirus impacted Steamships Trading Company 's share price?
Since the stock market crash in March caused by coronavirus, Steamships Trading Company 's share price has had significant negative movement.
Its last market close was $9.5, which is 25.78% down on its pre-crash value of $12.8 and 5.26% down on the lowest point reached during the March crash when the shares fell as low as $10.
If you had bought $1,000 worth of Steamships Trading Company shares at the start of February 2020, those shares would have been worth $808.00 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 $760.00.
Steamships Trading Company share priceUse our graph to track the performance of SST stocks over time.
Steamships Trading Company shares at a glance
|Latest market close||AUDA$9.5|
|52-week range||AUDA$9 - AUDA$13.25|
|50-day moving average||AUDA$9.6794|
|200-day moving average||AUDA$9.6479|
|Dividend yield||AUDA$0.3 (3.13%)|
|Earnings per share (TTM)||AUDA$0.6222|
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 Steamships Trading Company 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.
Steamships Trading Company price performance over time
|1 week (2020-10-14)||0%|
|1 month (2020-09-21)||-4.14%|
|3 months (2020-07-21)||-1.55%|
|6 months (2020-04-21)||-5.00%|
|1 year (2019-10-21)||-26.92%|
|2 years (2018-10-19)||-51.78%|
|3 years (2017-10-17)||N/A|
|5 years (2015-10-17)||N/A|
Is Steamships Trading Company under- or over-valued?
Valuing Steamships Trading Company stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Steamships Trading Company 's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Steamships Trading Company 's P/E ratio
Steamships Trading Company 's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 13x. In other words, Steamships Trading Company shares trade at around 13x 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.
Steamships Trading Company financials
|Gross profit TTM||$473.6 million|
|Return on assets TTM||3.19%|
|Return on equity TTM||6.33%|
|Market capitalisation||$294.6 million|
TTM: trailing 12 months
Steamships Trading Company share dividends
Dividend payout ratio: 39.88% of net profits
Recently Steamships Trading Company has paid out, on average, around 39.88% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 3.13% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Steamships Trading Company shareholders could enjoy a 3.13% return on their shares, in the form of dividend payments. In Steamships Trading Company 's case, that would currently equate to about A$0.3 per share.
While Steamships Trading Company 's payout ratio might seem fairly standard, it's worth remembering that Steamships Trading Company may be investing much of the rest of its net profits in future growth.
The latest dividend was paid out to all shareholders who bought their shares by 28 April 2020 (the "ex-dividend date").
Steamships Trading Company share price volatility
Over the last 12 months, Steamships Trading Company 's shares have ranged in value from as little as $9 up to $13.25. 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 Steamships Trading Company 's is -0.133. This would suggest that Steamships Trading Company 's shares have been inversely-correlated to the average (for this exchange) – so when the broader market trended up or down, Steamships Trading Company has bucked the trend.
Steamships Trading Company overview
Steamships Trading Company Limited engages in the shipping, transport, property, manufacturing, and hotel businesses in Papua New Guinea. It operates through three segments: Hotels and Property, Logistics, and Commercial and Investment. It offers scheduled cargo liner services to manufacturers, wholesalers, and liner carriers; depot services comprising equipment hire, warehousing, and yard storage; short and long term vessel charters specialized in shallow water river shipping; and intermodal logistics solutions linked to land based services, such as road transport, cargo handling, storage, agency, customs clearance, lay down areas, and warehousing. It also provides harbor, coastal, and ocean towage, as well as mooring services; and ancillary marine services, such as life raft sales, rental, servicing, commercial diving, subsea pipeline inspections, PLEM hook up and release, and pollution prevention and oil spill response services. In addition, it operates a fleet of prime movers, heavy and light trucks, forklifts, and reach stackers for the transport of bulk fuel, containerized cargoes, and sawdust and break-bulk cargoes; offers customs cargo clearance service in Lae and Port Moresby; and provides project solutions for the mining, oil and gas, and commercial sectors. Further, it operates nine hotel, and residence and apartment properties with 592 hotel rooms, 127 apartments, and 138 residences, which offer serviced hotel rooms and apartments, and food and beverage outlets, as well as recreation and meeting, conference, and banqueting facilities; and develops and holds residential, commercial, retail, and industrial properties. Additionally, is involved in the commercial and insurance activities. It operates a fleet of 13 coastal vessels; and 13 tugs and 10 associated support vessels. The company was incorporated in 1918 and is headquartered in Port Moresby, Papua New Guinea. Steamships Trading Company Limited is a subsidiary of John Swire & Sons (PNG) Limited.
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