How to Buy Nxu Stock
Nxu Inc
Atlis Motor Vehicles, Inc. develops and manufactures electric vehicle trucks and charging infrastructure.
Nxu stock last closed at $0.37, down 4.42% from the previous day, and has decreased 99.53% in one year. It has underperformed other stocks in the Electrical Equipment & Parts industry by 1.12 percentage points. Nxu stock is currently +4.84% from its 52-week low of $0.35, and -99.71% from its 52-week high of $129.00.
There are currently 459,232 shares of NXU outstanding. The market value of NXU is $169.00k. In the last 24 hours, 417,467 NXU shares were traded.
How to Buy Nxu Stock
Not sure how to invest in Nxu stock? Here's how.
- Decide where to buy Nxu stock: You need to choose an online brokerage, but don't worry - we've researched dozens of online brokerages and apps to help you determine where to buy Nxu stock.
- Sign up for a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Deposit funds into your brokerage account: Select your method of payment and add your details.
- Evaluate Nxu stock: The Nxu ticker symbol is NXU. Is Nxu stock a good investment? Should you buy shares of NXU? How do NXU's underlying business fundamentals look? Do top analysts think Nxu is a good buy? Why has NXU's stock price moved recently? (Hint: Our stock analysis website can help you figure out if NXU is a good stock to buy).
- Place your NXU trade: Decide if you will purchase NXU shares at the current market price or use a limit order to buy NXU stock at a given price.
- Get the latest scoop on your NXU investment: Create a watchlist to important updates regarding your investment in Nxu stock.
Step 1: Decide where to buy Nxu stock
You will need an online brokerage account to access the NASDAQ market and buy NXU stock.
Our favorite brokerage: eToro
Based on our analysis, eToro is the best place to buy stocks. eToro gives you:
- You can invest in stocks with zero commissions: Invest without paying trading commissions.
- Buy fractional shares: Even if you don't have the money to buy a full share, you can still buy the stock.
- Access to world financial markets: From Tech to Utilities, New York to Shanghai — you can fill your portfolio with stocks from the globe's leading exchanges.
- Social investing: eToro boasts a community of more than 20 million users globally. Talk to, learn from, and copy the crypto trades of top investors.
- Security: eToro is a regulated and licensed fintech leader.
- Buy other financial assets: Such as ETFs and cryptocurrencies.
Get $10 towards your share purchase by signing up for an account with eToro today.
Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've picked your brokerage, the next step is to fill out some personal details so you are able to buy NXU stock today.
How to Create a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal details to start a new trading account.
- Send your application by clicking the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your brokerage account
Now that you have filled out your info on stock market apps, you can securely and quickly fund your account:
Check out this video walkthrough to see the process of depositing funds into your new investment account.
Step 4: Evaluate Nxu stock
After you have decided on the best place to buy Nxu stock, it's crucial to evaluate their stock before you buy, so you actually wrap your head around the risk and opportunity.
Nxu stock at a glance
Fundamentals of Nxu
WallStreetZen was designed to help everyday investors perform more accurate fundamental analysis in minutes instead of hours.
You can see all of the due diligence checks on NXU's stock page.
How is NXU stock valued?
Analysts use many financial metrics, analyses, models, and charts to gauge NXU's intrinsic value.
Using relative valuations methods:
- NXU could be undervalued based on its P/B ratio of 0.02x, relative to Electrical Equipment & Parts industry P/B ratio of 3.88x
You can access additional valuation research on NXU's stock here.
NXU Financial Overview
Positive Health Checks:
- There are more short-term assets than long-term liabilities on the NXU balance sheet.
- There are more short-term assets than short-term liabilities on the NXU balance sheet.
Negative Health Checks:
- NXU has $12.90M in cash and short term investments. This is not enough to cover its annual cash burn of $29.13M.
- NXU has cash burn of 29134364. It does not have sufficient cash and short-term investments to cover this.
- NXU has a relatively high debt to equity ratio of 1.28.
NXU Momentum
Are NXU insiders buying or selling the stock?
In the last 12 months, executives and large shareholders at NXU have sold more shares than they have bought.
Apoorv Dwivedi, Chief Financial Officer of NXU, was the latest NXU insider to sell. They sold $26,909.10 worth of NXU shares on Aug 9, 2023.
Dig into more about who owns NXU shares here.
Can I get consistent income from NXU stock?
No, Nxu doesn't provide an income stream by paying out dividends.
What others are saying about NXU
One of the reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to find out what other traders have to say.
Step 5: Place your NXU trade
You have two primary types of orders:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are mostly sufficient. - Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
If you want to be certain you're buying or selling at a specific price limit, place a limit order.
Hit the Open Trade button and eToro will execute the order.
If you want additional help buying stocks on eToro, click the helpful video below:
Step 6: Get the latest scoop on your NXU investment
Now that you own some NXU stock, you'll want to stay up-to-date on your investment.
Start a watchlist to monitor your NXU stock.
NXU Feed
How to Buy Stock in Nxu
To summarize, here are the 6 steps to buy stock in Nxu:
- Decide where to buy Nxu stock
- Sign up for a brokerage account
- Deposit funds into your brokerage account
- Evaluate Nxu stock
- Place your NXU trade
- Get the latest scoop on your NXU investment
If you require a online brokerage, eToro is our recommended venue.
Get Started with eToro TodayIf you want to get notifications regarding your investment in Nxu, add NXU to your watchlist below.
Related Articles
FAQ
Company
AboutNewsBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsHelp GuidesContactTwitterYouTubeNewsletterInformation is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.