Is Meridian Energy Limited stock a buy?
What Is The Conclusion?
Right now our advanced algorithms say:
Do the analyst corps agree?
Interesting Questions and Easy Answers!
Yes, Meridian Energy Limited pays dividends. Last time was Friday 20th of September 2024 where the investors holding the stock on Wednesday 4th of September 2024 were paid $0.09164381 per share. Over the last 13 times between 2017 and 2024, Meridian Energy Limited has paid $0.62432536 with an average of $0.05 per share.
Sorry, we do not have any analyst data for this ticker
We cannot find data for Meridian Energy Limited 10 years ago, but if you had invested on Friday 22nd of November 2019 when the price was $3.01, you would have made a profit of $0.780 per share or 25.91%
No, the average daily trading liquidity for Meridian Energy Limited is $632 thousand. Trading in stocks with this little trading liquidity is very dangerous, and you can get into a situation where it will be hard to trade your stocks. In addition, these types of stocks usually have very high volatility.
Meridian Energy Limited has little of the business financed by loans. This puts the company at lower risk in periods of high inflation where borrowing costs usually go up. With a normal cash flow to debt ratio of 0.42, the company's ability to pay off the debt is normal. The company has a very low net profit margin of 4.99%, which is challenging.
We have calculated the inflation risk for Meridian Energy Limited to be low [0.35 of 1]
US inflation for August 2024 was 0.19%. Over the last 12 months, the US inflation is 2.59%. The 10-year treasury yield that indicates the future interest level is currently 4.41 and is up 0.05 over the last 30 days.