How to Buy Nacco Industries Stock
Nacco Industries Inc
Nacco Industries is a coal company located in Ohio, United States, which is part of the Basic Materials sector, and is traded under the ticker NC on the NYSE exchange.
Nacco Industries stock last closed at $33.22, up 4.83% from the previous day, and has decreased 1.42% in one year. It has underperformed other stocks in the Thermal Coal industry by 0.35 percentage points. Nacco Industries stock is currently +21.84% from its 52-week low of $27.27, and -14.07% from its 52-week high of $38.66.
There are currently 7.45M NC shares outstanding. The market cap of NC is $247.50M. In the last 24 hours, 25,685 NC shares were traded.
How to Buy Nacco Industries Stock
Not sure how to invest in Nacco Industries stock? Here's how.
- Choose where to buy Nacco Industries stock: You need to decide on a stock brokerage, but don't worry - we've tested dozens of online brokerages and apps to help you choose where to buy Nacco Industries stock.
- Open a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Deposit money your investment account: Pick your payment method and add your information.
- Evaluate Nacco Industries stock: The Nacco Industries ticker symbol is NC. Is Nacco Industries stock a good investment? Should you buy shares of NC? How do NC's underlying business fundamentals look? Do top analysts think Nacco Industries is a good buy? Why has NC's stock price moved recently? (Hint: Our stock research website can help you evaluate if NC is a good stock to buy).
- Make your NC purchase: Decide if you will purchase NC shares at the current market price or use a limit order to buy NC shares at a given price.
- Get key alerts regarding your investment in NC: Create a watchlist to keep tabs on your position in Nacco Industries shares.
Step 1: Choose where to buy Nacco Industries stock
You will need a brokerage account to access the NYSE market and buy NC stock.
Our recommended brokerage: eToro
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- Security: eToro is a regulated and licensed brokerage platform.
- Buy other assets: Such as ETFs and cryptocurrencies.
Get $10 towards your stock purchase by opening an account with eToro today.
Open eToro AccountStep 2: Open a brokerage account
Now that you've picked the best brokerage, it's time to fill out some personal details so you are able to invest in NC today.
How to Start a New 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 your new trading account.
- Send your details by hitting the "Create Account" button. Get started with eToro today
Step 3: Deposit money your investment account
Now that you have created your account on stock apps to use, you can securely and quickly fund your account:
Check out the video below for more details transferring funds into your investment account.
Step 4: Evaluate Nacco Industries stock
Once you have chosen the best place to buy Nacco Industries stock, it's important to research their stock prior to buying, so you truly understand the risk as well as the upside.
Nacco Industries Numbers
Nacco Industries Zen Score
WallStreetZen was built to help average investors do more in-depth fundamental analysis in minutes instead of hours.
You can view all of the due diligence checks on NC's stock page.
How is NC stock valued?
Analysts use many financial metrics, analyses, models, and charts to gauge NC's true value.
Using relative valuations measures:
- NC could be undervalued based on its P/B ratio of 0.65x, relative to Thermal Coal industry P/B ratio of 1.25x
You can access more valuation research on NC's stock here.
NC Financial Health Overview
Positive Financial Indicators:
- NC has cash burn of 49948000. It has enough cash and short-term investments to cover this for at least one year.
- Total NC debt is lower than 5 years ago, relative to shareholder equity.
- There are more short-term assets than long-term liabilities on the NC balance sheet.
- There are more short-term assets than short-term liabilities on the NC balance sheet.
Negative Financial Indicators:
- NC has $62.69M in cash and short term investments. This is not enough to cover its annual cash burn of $49.95M.
- NC has a relatively high debt to equity ratio of 0.41.
- NC profit margin has gone down from 28.4% to -18.7% in the past year.
NC Trading Indicators
NC Performance Numbers
Last year, NC revenue was $217.94M. Over the past five year, NC's revenue has gone up by 8.6% per year. This was faster than the Thermal Coal industry average of 4.79%.
You can analyze NC's earnings and revenue performance here.
Who is buying/selling NC?
In the past year, insiders at NC have sold more shares than they have bought.
Thomas A. Maxwell, SVP Finance and Treasurer of NC, was the latest NC insider to sell. They sold $25,668.24 worth of NC shares on Mar 13, 2024.
Learn more about who owns NC stock here.
Can I get consistent income from NC stock?
Nacco Industries pays a dividend of 2.62%, compared to the Thermal Coal industry's average dividend yield of 4.67%. If you owned $1,000 worth of NC stock, you would have been paid $26.19 in the past year.
Nacco Industries dividend payments have not consistently grown over the past decade and have not remained stable.
Get more data about Nacco Industries dividend yield and history here.
What do other traders have to say about NC?
One of the reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to learn what other community members have to say.
Step 5: Make your NC purchase
You have two primary order types:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are usually sufficient. - Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
If you want to make sure you're buying or selling at an exact dollar amount, use a limit order.
Click the Open button and eToro will execute your order.
If you require additional assistance buying stocks on eToro, watch the how to video below:
Step 6: Get key alerts regarding your investment in NC
Now that you own some NC shares, you'll want to keep up with your new company.
Create a watchlist to get notified of important updates regarding your NC stock.
NC Feed
How to Buy Stock in Nacco Industries
To summarize, here are the 6 steps you need to take to buy Nacco Industries stock right now:
- Choose where to buy Nacco Industries stock
- Open a brokerage account
- Deposit money your investment account
- Evaluate Nacco Industries stock
- Make your NC purchase
- Get key alerts regarding your investment in NC
If you need a place to buy stocks, eToro is our favorite venue.
Get Started with eToro TodayIf you would like to monitor your new investment in Nacco Industries, add NC to your watchlist below.
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