How to Buy Nayax Stock
Nayax Ltd
Nayax Ltd. , a fintech company, operates system and payment platform worldwide.
Nayax stock last closed at $24.31, down 1.78% from the previous day, and has increased 43.76% in one year. It has overperformed other stocks in the Information Technology Services industry by 0.33 percentage points. Nayax stock is currently +48.41% from its 52-week low of $16.38, and -21.56% from its 52-week high of $30.99.
As of Apr 19, 2024, there are 33.33M NYAX shares outstanding. The market value of NYAX is $810.17M. In the last 24 hours, 950 NYAX shares were traded.
How to Buy Nayax Stock
Not sure how to invest in Nayax stock? Here's how.
- Choose where to buy Nayax stock: You need to decide on a stock brokerage, but don't worry - we've tested dozens of online stock brokerages and apps to help you determine where to buy Nayax stock.
- Open your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Fund your brokerage account: Select your payment method and add your info.
- Evaluate Nayax stock: The Nayax ticker symbol is NYAX. Is Nayax stock a good investment? Should you buy shares of NYAX? How do NYAX's underlying business fundamentals look? Do top analysts think Nayax is a good buy? Why has NYAX's stock price moved recently? (Hint: Our stock analysis website can help you figure out if NYAX is a good stock to buy).
- Make your NYAX buy order: Decide if you will purchase NYAX shares at the current market price or use a limit order to purchase NYAX stock at a particular price.
- Keep an eye on your NYAX investment: Create a watchlist to important notifications about your new investment in Nayax stock.
Step 1: Choose where to buy Nayax stock
You will need a brokerage account in order to access the NASDAQ market and buy NYAX shares.
Our preferred brokerage: eToro
Based on our analysis, eToro is the best online stock brokerage. eToro gives you:
- 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 global financial markets: From Tech to Energy, New York to London — you can fill your portfolio with stocks from the globe's top exchanges.
- Social investing: eToro offers a community with more than 20 million users globally. Talk to, learn from, and copy the unique crypto portfolios of top investors.
- Security: eToro is a regulated and licensed brokerage platform.
- Buy other financial assets: Such as ETFs and cryptos.
Get $10 towards your share purchase by signing up for an account with eToro today.
Open eToro AccountStep 2: Open your brokerage account
Now that you've picked your brokerage, the next step is to fill out some personal information so you can buy NYAX stock today.
How to Open 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.
- Enter your personal data to create a new brokerage account.
- Submit your details by hitting the "Create Account" button. Get started with eToro today
Step 3: Fund your brokerage account
Now that you've created your account on one of the most highly reviewed stock trading apps, you can securely and quickly fund your account:
Check out this video walkthrough for more details depositing funds into your brokerage account.
Step 4: Evaluate Nayax stock
Once you have chosen the best place to buy Nayax stock, it's very important to analyze their stock before you invest, so you actually wrap your head around the risk as well as the opportunity.
Nayax stock at a glance
Fundamentals of NYAX
WallStreetZen was created to help part-time investors do more accurate fundamental analysis quickly.
You can view all of the due diligence checks on NYAX's stock page.
Is NYAX stock undervalued?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge NYAX's intrinsic value.
Using relative valuations measures:
- NYAX could be overvalued based on its P/B ratio of 8.3x, relative to Information Technology Services industry P/B ratio of 4.54x
You can do more valuation analysis on NYAX's stock here.
Is NYAX a healthy company?
Pros:
- NYAX profit margin has gone up from -21.6% to -6.7% in the past year.
- There are more short-term assets than long-term liabilities on the NYAX balance sheet.
Cons:
- There are more short-term liabilities than short-term assets on the NYAX balance sheet.
- NYAX's operating cash flow of $8.80M allows it to safely service it's debt of $75.10M.
- NYAX earnings of -$12.38M is not sufficient to cover its interest payments.
- NYAX has a relatively high debt to equity ratio of 2.32.
You can dig deeper into what analysts are projecting on the Nayax stock forecast page.
NYAX Technical Indicators
Is NYAX Growing Revenue?
Last year, NYAX revenue was $235.49M. In the past 4 year, NYAX's revenue has grown by 38.7% per year. This was faster than the Information Technology Services industry average of 7.6%.
Dig into NYAX's earnings and revenue performance here.
Latest Insiders Trades at NYAX
In the past year, executives and large shareholders at NYAX have not bought or sold any shares.
Dig into more about who owns NYAX shares here.
Can I rely on NYAX as an income stream?
No, Nayax doesn't provide an income stream by paying out dividends.
Get analysis from other investors
One of the major reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to see what other investors have to say.
Step 5: Make your NYAX buy order
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 generally fine. - Limit order: A limit order lets you buy or sell a security at a specific price (or better).
If you want to be certain you're buying or selling at an exact price limit, use a limit order.
Press the Open Trade button and eToro will execute your order.
If you want additional help with buying stocks on eToro, click the helpful video below:
Step 6: Keep an eye on your NYAX investment
Now that you own some NYAX shares, you'll want to stay up-to-date on your new company.
Add NYAX to a watchlist to track the most important metrics related to your NYAX stock.
NYAX Feed
How to Buy Stock in Nayax
To reiterate, here are the 6 steps to buy Nayax stock:
- Choose where to buy Nayax stock
- Open your brokerage account
- Fund your brokerage account
- Evaluate Nayax stock
- Make your NYAX buy order
- Keep an eye on your NYAX investment
If you require a brokerage, eToro is our recommended venue.
Get Started with eToro TodayIf you want to get the latest news on your new investment in Nayax, create a watchlist today.
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