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How to Buy Nayax Stock

Nayax Ltd

Nayax Ltd. , a fintech company, operates system and payment platform worldwide.

Nayax stock last closed at $25.80, down 2.18% from the previous day, and has increased 38.84% in one year. It has overperformed other stocks in the Information Technology Services industry by 0.21 percentage points. Nayax stock is currently +47.26% from its 52-week low of $17.52, and -16.76% from its 52-week high of $30.99.

As of May 17, 2024, there are 33.33M NYAX shares outstanding. The market value of NYAX is $859.70M. In the last 24 hours, 3612 NYAX shares were traded.

How to Buy Nayax Stock

Not sure how to invest in Nayax stock? Here's how.
  1. 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.
  2. Open your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
  3. Fund your brokerage account: Select your payment method and add your info.
  4. 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).
  5. 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.
  6. 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.

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

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 Account
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Step 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

  1. 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.
  2. Enter your personal data to create a new brokerage account.
  1. Submit your details by hitting the "Create Account" button.
  2. 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.

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.

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.

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

NYAX Price
$25.80
1w %
-9.46%
1y %
38.84%
5y %
N/A
P/E
-56.32x
P/B
5.43x
P/S
3.48x
PEG
N/A
Revenue
$247.04M
Earnings
-$15.32M
Fore. Rev. Growth
32.78%
Fore. Earn. Growth
N/A
Market Cap
$859.70M
Next Earnings
May 23, 2024
Next Dividend
N/A

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 5.43x, relative to Information Technology Services industry P/B ratio of 4.56x

You can do more valuation analysis on NYAX's stock here.

Is NYAX a healthy company?

Pros:

  • NYAX profit margin has gone up from -17.3% to -6.2% in the past year.
  • There are more short-term assets than long-term liabilities on the NYAX balance sheet.
  • There are more short-term assets than short-term liabilities on the NYAX balance sheet.

Cons:

  • NYAX's operating cash flow of $8.05M allows it to safely service it's debt of $71.48M.
  • NYAX earnings of -$10.00M is not sufficient to cover its interest payments.
  • NYAX has a relatively high debt to equity ratio of 1.55.

Is it a good time to buy Nayax stock, according to analysts?

Out of 1 Wall Street analysts who track NYAX, the consensus analyst rating on Nayax is a Hold

Please keep in mind that analyst forecasts are not stock recommendations, nor are they financial advice.

You can dive deeper into what analysts are saying on the Nayax stock forecast page.

NYAX Technicals

SMA10
28.44
SMA20
27.42
SMA50
26.44
SMA100
25.13
SMA200
23.14
MACD
0.43
MACD Signal
0.67
MACD Histogram
-0.23
RSI
43
Stochastic %K
28.52
Stochastic %D
49.66
StochRSI %K
6.68
StochRSI %D
31.32

How are NYAX Revenues/Earnings doing?

Last year, NYAX revenue was $247.04M. During the past 1 years, NYAX's revenue has increased by 28.81% per year. This was faster than the Information Technology Services industry average of 8.13%.

You can analyze NYAX's earnings and revenue performance here.

Are NYAX insiders buying or selling the stock?

In the last year, insiders at NYAX have not bought or sold any shares.

Dig into more about who owns NYAX stock here.

Can I get consistent income from NYAX stock?

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

What others are saying about NYAX

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

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

Step 5: Make your NYAX buy order

There are two main options:

  • Market order: A market order is an order to buy or sell a security at the best price on the market.
    Market orders are mostly sufficient.
  • Limit order: A limit order is an order 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, place a limit order.

Press the Open button and your broker will place the order.

If you require additional help with buying stocks on eToro, watch the how to video below:

Open eToro Account

Step 6: Keep an eye on your NYAX investment

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

Add NYAX to a watchlist to keep track of your NYAX stock.

NYAX Feed

How to Buy Stock in Nayax

To reiterate, here are the 6 steps to buy stock in Nayax:

  1. Choose where to buy Nayax stock
  2. Open your brokerage account
  3. Fund your brokerage account
  4. Evaluate Nayax stock
  5. Make your NYAX buy order
  6. Keep an eye on your NYAX investment

If you require 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 want to get the latest news on your new investment in Nayax, create a watchlist on WallStreetZen today.

NASDAQ: NYAX
$25.80-0.57 (-2.18%)
Updated May 17, 2024
Open eToro Account
NASDAQ: NYAX
$25.80-0.57 (-2.18%)
Updated May 17, 2024
Open eToro Account

FAQ

How much does it cost to buy one Nayax share?

As of May 17, 2024, it costs $25.80 to buy one share of Nayax stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.388 shares of NYAX.

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.

Is now a good time to buy Nayax stock?

According to 1 Wall Street analysts who monitor Nayax, their consensus recommendation is to hold Nayax stock.

What is the best way to buy Nayax stock?

One way to place an order for Nayax 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.