How to Buy Nano X Imaging Stock
Nano X Imaging Ltd
Nano-X Imaging Ltd. develops a commercial-grade tomographic imaging device with a digital X-ray source.
Nano X Imaging stock last closed at $9.24, up 0.87% from the previous day, and has decreased 17.65% in one year. It has underperformed other stocks in the Medical Devices industry by 0.05 percentage points. Nano X Imaging stock is currently +88.96% from its 52-week low of $4.89, and -59.28% from its 52-week high of $22.69.
As of May 2, 2024, there are 57.78M shares of NNOX outstanding. The market capitalization of NNOX is $533.87M. In the last 24 hours, 557,342 NNOX shares were traded.
How to Buy Nano X Imaging Stock
Not sure how to invest in Nano X Imaging stock? Here's how.
- Figure out where to buy Nano X Imaging stock: You need to pick a stock brokerage, but don't worry - we've analyzed dozens of stock brokerages and apps to help you determine where to buy Nano X Imaging stock.
- Sign up for your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Deposit money your investment account: Select your method of payment and add your details.
- Evaluate Nano X Imaging stock: The Nano X Imaging ticker symbol is NNOX. Is Nano X Imaging stock a good investment? Should you buy shares of NNOX? How do NNOX's underlying business fundamentals look? Do top analysts think Nano X Imaging is a good buy? Why has NNOX's stock price moved recently? (Hint: Our stock market analysis tools can help you decide if NNOX is a good stock to buy).
- Place your NNOX trade: Decide if you will purchase NNOX shares at the current market price or use a limit order to buy NNOX shares at a specific price.
- Get key alerts regarding your NNOX position: Create a watchlist to get the latest news on your position in Nano X Imaging shares.
Step 1: Figure out where to buy Nano X Imaging stock
You need an online brokerage account in order to access the NASDAQ market and buy NNOX shares.
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Open eToro AccountStep 2: Sign up for your brokerage account
Now that you've picked the right brokerage, you need to fill out some personal information so you can invest in NNOX today.
How to Set Up a New Brokerage 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.
- Enter your personal data to open a new trading account.
- Submit your information by clicking the "Create Account" button. Get started with eToro today
Step 3: Deposit money your investment account
Now that you have filled out your info on one of the most highly reviewed stock market apps, you need to deposit funds:
Check out the walkthrough below for more details depositing money into your brokerage account.
Step 4: Evaluate Nano X Imaging stock
Once you have identified the best place to buy Nano X Imaging stock, it's very important to research their stock before you invest, so you actually understand the risk as well as the upside.
Nano X Imaging shares data
NNOX Fundamentals
WallStreetZen was built to help average investors do more in-depth fundamental analysis.
You can see all of the due diligence checks on NNOX's stock page.
How is NNOX stock valued?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge NNOX's fair value.
Using relative valuations methods:
- NNOX could be undervalued based on its P/B ratio of 2.73x, relative to Medical Devices industry P/B ratio of 3.68x
You can access more valuation research on NNOX's stock here.
NNOX Financial Health
Passed Health Checks:
- Total NNOX debt is lower than 5 years ago, relative to shareholder equity.
- NNOX has cash burn of 48080000. It has enough cash and short-term investments to cover this for at least one year.
- There are more short-term assets than short-term liabilities on the NNOX balance sheet.
- NNOX has $82.43M in cash and short term investments. This is sufficient to cover its annual cash burn of $48.08M.
- NNOX has a low debt to equity ratio of 0.12.
- There are more short-term assets than long-term liabilities on the NNOX balance sheet.
Failed Health Checks:
- NNOX profit margin has gone up by 7.07 percentage points in the past year, but the company is still unprofitable.
Do analysts think it's a good time to buy NNOX stock
Out of 1 Wall Street analysts who track NNOX, the consensus analyst rating on NNOX is a Strong Buy
It's important to note that analyst forecasts are not recommendations, nor are they investment advice.
You can dig deeper into what analysts are saying on the Nano X Imaging stock forecast page.
NNOX Technicals
Is NNOX Growing Revenue?
Last year, NNOX revenue was $9.91M. During the past 2 year, NNOX's revenue has gone up by 175.61% per year. This was faster than the Medical Devices industry average of 13.04%.
Learn more about NNOX's earnings and revenue performance here.
Who is buying/selling NNOX?
In the last year, executives and large shareholders at NNOX have not bought or sold any shares.
Dig into more about who owns NNOX shares here.
Does NNOX stock generate passive income?
No, Nano X Imaging doesn't provide an income stream by paying out dividends.
Get analysis from other investors
One of the major reasons eToro is our top-rated brokerage is because of its social trading community.
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Step 5: Place your NNOX trade
You have two primary options:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are generally fine for most investors. - Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
If you want to be sure you're buying or selling at a particular dollar amount, place a limit order.
Click the Open Trade button and your broker will place the order.
If you want additional help with buying stocks on eToro, watch the helpful video below:
Step 6: Get key alerts regarding your NNOX position
Now that you own some NNOX shares, you'll want to keep up with your investment.
Put NNOX on a watchlist to monitor your NNOX stock.
NNOX Feed
How to Buy Stock in Nano X Imaging
To reiterate, here are the 6 steps you need to take to buy Nano X Imaging stock right now:
- Figure out where to buy Nano X Imaging stock
- Sign up for your brokerage account
- Deposit money your investment account
- Evaluate Nano X Imaging stock
- Place your NNOX trade
- Get key alerts regarding your NNOX position
If you require a brokerage, eToro is our recommended option.
Get Started with eToro TodayIf you would like to keep track of your investment in Nano X Imaging, get started below.
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