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How to Buy Nano Labs Stock

Nano Labs Ltd

Nano Labs Ltd operates as a fabless integrated circuit design company and product solution provider in the People's Republic of China and internationally.

Nano Labs stock last closed at $0.53, down 2.78% from the previous day, and has decreased 53.95% in one year. It has underperformed other stocks in the Semiconductors industry by 0.78 percentage points. Nano Labs stock is currently +5% from its 52-week low of $0.50, and -88.95% from its 52-week high of $4.75.

There are currently 65.83M NA shares outstanding. The market cap of NA is $34.56M. In the last 24 hours, 260,829 NA shares were traded.

How to Buy Nano Labs Stock

Wondering how to invest in Nano Labs stock? Here's how.
  1. Choose where to buy Nano Labs stock: You need to pick an online brokerage, but don't worry - we've researched dozens of online stock brokerages and apps to help you choose where to buy Nano Labs stock.
  2. Open a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
  3. Deposit funds into your investment account: Choose your payment method and add your details.
  4. Research Nano Labs stock: The Nano Labs ticker symbol is NA. Is Nano Labs stock a good investment? Should you buy shares of NA? How do NA's underlying business fundamentals look? Do top analysts think Nano Labs is a good buy? Why has NA's stock price moved recently? (Hint: Our stock market analysis tools can help you understand if NA is a good stock to buy).
  5. Place your NA trade: Decide if you will purchase NA shares at the current market price or use a limit order to purchase NA shares at a particular price.
  6. Get updates on your NA investment: Create a watchlist to track your investment in Nano Labs shares.

Step 1: Choose where to buy Nano Labs stock

You will need an online brokerage account in order to access the NASDAQ market and buy NA shares.

A brokerage account is an investment account that enables you to buy and sell a number of financial instruments, such as stocks, bonds, mutual funds, and ETFs.

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Step 2: Open a brokerage account

Now that you've picked your brokerage, it's time to fill out some personal info so you are able to buy NA stock today.

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  2. Enter your personal info to create a new brokerage account.
  1. Submit your information by hitting the "Create Account" button.
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Step 3: Deposit funds into your investment account

Now that you have created your account on one of the most highly reviewed stock trading apps, you need to deposit funds:

Watch this video walkthrough to see the process of transferring money into your brokerage account.

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Step 4: Research Nano Labs stock

Once you have identified the best place to buy Nano Labs stock, it's absolutely critical to evaluate their stock before you buy, so you actually wrap your head around the risk as well as the opportunity.

Nano Labs Metrics

NA Price
$0.53
1w %
-40.54%
1y %
-53.95%
5y %
N/A
P/E
-0.12x
P/B
-2.35x
P/S
0.39x
PEG
N/A
Revenue
$78.34M
Earnings
-$252.82M
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$34.56M
Next Earnings
N/A
Next Dividend
N/A

Nano Labs Fundamentals

WallStreetZen was built to help everyday investors perform more accurate fundamental analysis in minutes instead of hours.

You can see all of the due diligence checks on NA's stock page.

What is the fair value of NA stock?

Investors use many financial metrics, analyses, models, and charts to gauge NA's fair value.

You can access additional valuation research on NA's stock here.

NA Financial Health Summary

Passed Financial Due Diligence Checks:

  • There are more short-term assets than long-term liabilities on the NA balance sheet.

Failed Financial Due Diligence Checks:

  • There are more short-term liabilities than short-term assets on the NA balance sheet.
  • NA has cash burn of 238956759. It does not have sufficient cash and short-term investments to cover this.
  • NA profit margin has gone down from 3.2% to -322.7% in the past year.
  • NA debt to equity ratio of -24.88 is negative.
  • Total NA debt is still negative.
  • NA has $48.58M in cash and short term investments. This is not enough to cover its annual cash burn of $238.96M.

NA Technicals

SMA10
1.03
SMA20
1.33
SMA50
1.61
SMA100
1.61
SMA200
1.48
MACD
-0.3
MACD Signal
-0.18
MACD Histogram
-0.11
RSI
29.19
Stochastic %K
1.28
Stochastic %D
1.66
StochRSI %K
0
StochRSI %D
0

Is NA Making Money?

Last year, NA revenue was $78.34M. Over the last three year, NA's revenue has gone up by 329.69% per year. This was faster than the Semiconductors industry average of 23.6%.

Learn more about NA's earnings and revenue performance here.

Latest Insiders Trades at NA

In the past year, insiders at NA have not bought or sold any shares.

Get more info about who owns NA stock here.

Does NA provide a stable income stream?

No, Nano Labs doesn't provide an income stream by paying out dividends.

NA Social Trading Data

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

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

Step 5: Place your NA trade

You have two main options:

  • Market order: A market order is an order to buy or sell a stock at the best available price.
    Market orders are mostly fine.
  • Limit order: A limit order enables 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, use a limit order.

Click the Open Trade button and your broker will execute your order.

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Step 6: Get updates on your NA investment

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

Put NA on a watchlist to monitor your NA stock.

NA Feed

How to Buy Stock in Nano Labs

To summarize, here are the 6 steps for buying Nano Labs stock:

  1. Choose where to buy Nano Labs stock
  2. Open a brokerage account
  3. Deposit funds into your investment account
  4. Research Nano Labs stock
  5. Place your NA trade
  6. Get updates on your NA investment

If you need a place to buy stocks, 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 notifications regarding your investment in Nano Labs, click below.

NASDAQ: NA
$0.53-0.02 (-2.78%)
Updated Apr 18, 2024
Open eToro Account
NASDAQ: NA
$0.53-0.02 (-2.78%)
Updated Apr 18, 2024
Open eToro Account

FAQ

How much does it cost to buy one Nano Labs share?

As of Apr 18, 2024, it costs $0.53 to buy one share of Nano Labs stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $0.26, you can buy 0.5 shares of NA.

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 Nano Labs stock?

One way to place an order for Nano Labs 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.