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How to Buy Neovolta Stock

Neovolta Inc

NeoVolta Inc. designs, manufactures, and sells energy storage systems in the United States.

Neovolta stock last closed at $1.18, up 16.83% from the previous day, and has decreased 54.79% in one year. It has underperformed other stocks in the Electrical Equipment & Parts industry by 0.87 percentage points. Neovolta stock is currently +88.5% from its 52-week low of $0.63, and -73.18% from its 52-week high of $4.40.

There are currently 33.24M shares of NEOV outstanding. The market value of NEOV is $39.22M. In the last 24 hours, 378,553 NEOV shares were traded.

How to Buy Neovolta Stock

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

Step 1: Decide where to buy Neovolta stock

You will need a brokerage account to access the NASDAQ market and buy NEOV stock.

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

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Step 2: Open a brokerage account

Now that you've chosen the best brokerage, the next step is to fill out some personal info so you are able to buy NEOV stock today.

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  2. Provide your personal details to start a new brokerage account.
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Step 3: Deposit money your brokerage account

Now that you've opened your account on the highest rated stock app, your next step is to transfer the money for your investment:

Watch this video walkthrough for more details depositing funds into your investment account.

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Step 4: Research Neovolta stock

After you have figured out the best place to buy Neovolta stock, it's crucial to research their stock prior to investing, so you truly comprehend the risk and upside.

Neovolta quick stats

NEOV Price
$1.18
1w %
28.26%
1y %
-54.79%
5y %
N/A
P/E
-19.67x
P/B
6.92x
P/S
12.55x
PEG
N/A
Revenue
$3.13M
Earnings
-$1.94M
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$39.22M
Next Earnings
May 29, 2024
Next Dividend
N/A

NEOV Due Diligence Checks

WallStreetZen was designed to help everyday investors perform more in-depth fundamental analysis in less time.

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

Is NEOV stock properly valued?

Analysts use a variety of different financial metrics, analyses, models, and charts to gauge NEOV's fair value.

Using relative valuations ratios:

  • NEOV could be overvalued based on its P/B ratio of 6.92x, relative to Electrical Equipment & Parts industry P/B ratio of 4.21x

You can do additional valuation research on NEOV's stock here.

NEOV Financials at a glance

Pros:

  • There are more short-term assets than long-term liabilities on the NEOV balance sheet.
  • There are more short-term assets than short-term liabilities on the NEOV balance sheet.
  • NEOV has a low debt to equity ratio of 0.

Cons:

  • NEOV profit margin has gone up by 0.23 percentage points in the past year, but the company is still unprofitable.
  • NEOV has cash burn of 1923405. It does not have enough cash and short-term investments to cover this.
  • NEOV has $1.50M in cash and short term investments. This is not enough to cover its annual cash burn of $1.92M.

NEOV Technical Indicators

SMA10
0.94
SMA20
0.95
SMA50
1.3
SMA100
1.55
SMA200
2.17
MACD
-0.08
MACD Signal
-0.13
MACD Histogram
0.05
RSI
57.16
Stochastic %K
83.79
Stochastic %D
80.62
StochRSI %K
96.33
StochRSI %D
96.94

NEOV Performance Numbers

Last year, NEOV revenue was $3.13M. Over the last one years, NEOV's revenue has increased by -20.56% per year. This was slower than the Electrical Equipment & Parts industry average of 10.68%.

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

Who is buying/selling NEOV?

Over the last 12 months, insiders at NEOV have not bought or sold any shares.

Get more info about who owns NEOV shares here.

Can I get consistent income from NEOV stock?

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

What others are saying about NEOV

One of the major reasons eToro is our favorite brokerage is because of its social trading community.

Click below to find out what other community members have to say.

Step 5: Place your NEOV purchase

There are two primary types of orders:

  • Market order: A market order is an order to buy or sell a security at the best available price.
    Market orders are usually 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 ensure you're buying or selling at an exact price, place a limit order.

Press the Open Trade button and eToro will execute the order.

If you want additional info about investing in stocks on eToro, click the helpful video below:

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Step 6: Get key alerts regarding your NEOV position

Now that you own some NEOV shares, you'll want to stay up-to-date on your company.

Start a watchlist to get notified of the latest news about your NEOV stock.

NEOV Feed

How to Buy Stock in Neovolta

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

  1. Decide where to buy Neovolta stock
  2. Open a brokerage account
  3. Deposit money your brokerage account
  4. Research Neovolta stock
  5. Place your NEOV purchase
  6. Get key alerts regarding your NEOV position

If you are looking for a brokerage, 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 keep an eye on your new investment in Neovolta, add NEOV to your watchlist by clicking the button below.

NASDAQ: NEOV
$1.18+0.17 (+16.83%)
Updated Mar 28, 2024
Open eToro Account
NASDAQ: NEOV
$1.18+0.17 (+16.83%)
Updated Mar 28, 2024
Open eToro Account

FAQ

How much does it cost to buy one Neovolta share?

As of Mar 28, 2024, it costs $1.18 to buy one share of Neovolta stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $0.59, you can buy 0.5 shares of NEOV.

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 Neovolta stock?

One way to place an order for Neovolta 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.