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How to Buy Enphys Acquisition Stock

Enphys Acquisition Corp

Enphys Acquisition is a shell company located in New York, United States, which is part of the Industrials sector, and is traded under the ticker NFYS on the NYSE exchange.

Enphys Acquisition stock last closed at $10.82, up 0% from the previous day, and has increased 6.39% in one year. It has overperformed other stocks in the Shell Companies industry by 0.02 percentage points. Enphys Acquisition stock is currently +6.5% from its 52-week low of $10.16, and -0.64% from its 52-week high of $10.89.

As of Mar 26, 2024, there are 18.82M shares of NFYS outstanding. The market capitalization of NFYS is $203.67M. In the past 24 hours, 150 NFYS shares were traded.

How to Buy Enphys Acquisition Stock

Wondering how to invest in Enphys Acquisition stock? Here's how.
  1. Decide where to buy Enphys Acquisition stock: You need to pick an online brokerage, but don't worry - we've researched dozens of online brokerages and apps to help you choose where to buy Enphys Acquisition stock.
  2. Create your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
  3. Fund your investment account: Select your payment method and add your information.
  4. Analyze Enphys Acquisition stock: The Enphys Acquisition ticker symbol is NFYS. Is Enphys Acquisition stock a good investment? Should you buy shares of NFYS? How do NFYS's underlying business fundamentals look? Do top analysts think Enphys Acquisition is a good buy? Why has NFYS's stock price moved recently? (Hint: Our stock analysis website can help you understand if NFYS is a good stock to buy).
  5. Place your NFYS buy order: Decide if you will purchase NFYS shares at the current market price or use a limit order to purchase NFYS shares at a specific price.
  6. Keep an eye on your investment in NFYS: Create a watchlist to key updates about your new investment in Enphys Acquisition stock.

Step 1: Decide where to buy Enphys Acquisition stock

You need a brokerage account to access the NYSE market and buy NFYS stock.

A brokerage account enables you to buy and sell a number of investments, including stocks, bonds, mutual funds, and ETFs.

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Step 2: Create your brokerage account

Now that you've picked the right brokerage, you'll need to fill out some personal information so you can buy NFYS today.

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  2. Provide your personal info to open a new trading account.
  1. Send your data by pressing the "Create Account" button.
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Step 3: Fund your investment account

Now that you've opened your account on one of the best stock apps, your next step is to transfer the money for your investment:

Check out the walkthrough below to see the process of depositing funds into your brokerage account.

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Step 4: Analyze Enphys Acquisition stock

Once you have selected the best place to buy Enphys Acquisition stock, it's important to analyze their stock prior to investing, so you actually understand the risk as well as the opportunity.

Enphys Acquisition stock at a glance

NFYS Price
$10.82
1w %
0.28%
1y %
6.39%
5y %
N/A
P/E
23.52x
P/B
-14.24x
P/S
N/A
PEG
N/A
Revenue
$0.00
Earnings
$15.61M
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$203.67M
Next Earnings
N/A
Next Dividend
N/A

NFYS Fundamentals

WallStreetZen was designed to help average investors do more accurate fundamental analysis.

You can view all of the due diligence checks on NFYS's stock page.

Is NFYS stock overvalued?

Analysts use a variety of different financial metrics, analyses, models, and charts to gauge NFYS's fair value.

Using relative valuations ratios:

  • NFYS may be undervalued based on its P/E ratio of 23.52x, relative to Shell Companies industry P/E ratio of 41.4x

You can do additional valuation research on NFYS's stock here.

NFYS Financial Health Summary

Signs that NFYS is financially healthy:

  • NFYS earnings of $15.61M is not sufficient to cover its interest payments.
  • NFYS's operating cash flow of $4.31M allows it to safely service it's debt of $0.00.

Signs that NFYS is not financially healthy:

  • Total NFYS debt is still negative.
  • NFYS debt to equity ratio of -1.01 is negative.
  • There are more short-term liabilities than short-term assets on the NFYS balance sheet.
  • There are more long-term liabilities than short-term assets on the NFYS balance sheet.

NFYS Earnings

Last year, NFYS earnings were $15.61M. During the past one years, NFYS's earnings have gone up by -66.42% per year. This was slower than the Shell Companies industry average of 25.52%.

Dig into NFYS's earnings and revenue performance here.

Latest Insiders Trades at NFYS

In the past 12 months, executives and large shareholders at NFYS have not bought or sold any shares.

Research more about who owns NFYS stock here.

Does NFYS provide a stable income stream?

No, Enphys Acquisition doesn't provide an income stream by paying out dividends.

What others are saying about NFYS

One of the reasons eToro is our top-rated brokerage is because of its social trading community.

Click below to find out what other investors have to say.

Step 5: Place your NFYS buy order

There are two main types of orders:

  • Market order: A market order is an order to buy or sell a security at the best possible price.
    Market orders are mostly the easiest way to buy.
  • Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
    If you want to make sure you're buying or selling at a given dollar amount limit, use a limit order.

Press the Open Trade button and eToro will execute your order.

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Step 6: Keep an eye on your investment in NFYS

Now that you own some NFYS stock, you'll want to keep up with your new company.

Put NFYS on a watchlist to keep tabs on your NFYS stock.

NFYS Feed

How to Buy Stock in Enphys Acquisition

To summarize, here are the 6 steps you need to take to buy Enphys Acquisition stock right now:

  1. Decide where to buy Enphys Acquisition stock
  2. Create your brokerage account
  3. Fund your investment account
  4. Analyze Enphys Acquisition stock
  5. Place your NFYS buy order
  6. Keep an eye on your investment in NFYS

If you require a brokerage account, eToro is our recommended venue.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you would like to get updates on your new investment in Enphys Acquisition, add NFYS to your watchlist by clicking the button below.

NYSE: NFYS
$10.82+0.00 (+0%)
Updated Mar 26, 2024
Open eToro Account
NYSE: NFYS
$10.82+0.00 (+0%)
Updated Mar 26, 2024
Open eToro Account

FAQ

How much does it cost to buy one Enphys Acquisition share?

As of Mar 26, 2024, it costs $10.82 to buy one share of Enphys Acquisition stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $5, you can buy 0.462 shares of NFYS.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

What is the best way to buy Enphys Acquisition stock?

One way to place an order for Enphys Acquisition stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information 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.