How to buy Thred shares
Own Thred shares in just a few minutes.
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Thred Limited is a software-application business based in Australia. Thred shares (THD) are listed on the Australian Securities Exchange (ASX) and all prices are in Australian Dollars. Thred has a trailing 12-month revenue of around $828,426. If you're looking to buy shares, check out the steps below.
How to buy shares in Thred
- 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 Thred . Find the share by name or ticker symbol: THD. 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 Thred 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, 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 Thred . 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.
Thred share priceUse our graph to track the performance of THD stocks over time.
Thred shares at a glance
|52-week range||$0.15 - $0.15|
|50-day moving average||$0.15|
|200-day moving average||$0.15|
|Dividend yield||N/A (0%)|
|Earnings per share (TTM)||$0.019|
Compare share trading platforms
We update our data regularly, but information can change between updates. Confirm details with the provider you're interested in before making a decision.
Is it a good time to buy Thred 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.
Is Thred under- or over-valued?
Valuing Thred stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Thred 's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Thred 's P/E ratio
Thred 's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 0x. In other words, Thred shares trade at around 0x 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.
|Operating margin TTM||69.4%|
|Gross profit TTM||$644,268|
|Return on assets TTM||15.9%|
|Return on equity TTM||22.81%|
TTM: trailing 12 months
Thred share dividends
We're not expecting Thred to pay a dividend over the next 12 months.
Have Thred 's shares ever split?
Thred 's shares were split on a 1:75 basis on 30 December 2020. So if you had owned 75 shares the day before before the split, the next day you'd have owned 1 share. This wouldn't directly have changed the overall worth of your Thred shares – just the quantity. However, indirectly, the new 7400% higher share price could have impacted the market appetite for Thred shares which in turn could have impacted Thred 's share price.
Thred share price volatility
Over the last 12 months, Thred 's shares have ranged in value from as little as $0.15 up to $0.15. 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 Thred 's is 0.232. This would suggest that Thred 's shares are less volatile than average (for this exchange).
Thred Limited does not have significant operations. Previously, it was engaged in the Sweep app business. The company is headquartered in Perth, Australia.
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