How to Buy Nexttrip Stock
Nexttrip Inc
NextTrip, Inc. , through its subsidiaries, engages in the provision of travel technology solutions in the United States. The company offers NXT2.
Nexttrip stock last closed at $2.77, down 6.73% from the previous day, and has decreased 68.49% in one year. It has underperformed other stocks in the Information Technology Services industry by 0.84 percentage points. Nexttrip stock is currently +15.9% from its 52-week low of $2.39, and -74.82% from its 52-week high of $11.00.
As of Apr 26, 2024, there are 780,423 shares of NTRP outstanding. The market cap of NTRP is $2.16M. In the past 24 hours, 975 NTRP shares were traded.
How to Buy Nexttrip Stock
Not sure how to invest in Nexttrip stock? Here's how.
- Decide where to buy Nexttrip 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 decide where to buy Nexttrip stock.
- Open your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Fund your brokerage account: Select your method of payment and add your information.
- Analyze Nexttrip stock: The Nexttrip ticker symbol is NTRP. Is Nexttrip stock a good investment? Should you buy shares of NTRP? How do NTRP's underlying business fundamentals look? Do top analysts think Nexttrip is a good buy? Why has NTRP's stock price moved recently? (Hint: Our stock analysis website can help you figure out if NTRP is a good stock to buy).
- Make your NTRP trade: Decide if you will purchase NTRP shares at the current market price or use a limit order to buy NTRP shares at a specific price.
- Get key alerts regarding your investment in NTRP: Create a watchlist to important updates regarding your investment in Nexttrip shares.
Step 1: Decide where to buy Nexttrip stock
You will need a brokerage account in order to access the NASDAQ market and buy NTRP stock.
Our recommended brokerage: eToro
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Open eToro AccountStep 2: Open your brokerage account
Now that you've selected the right brokerage, the next step is to fill out some personal details so you can buy NTRP today.
How to Create a New Investment 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 details to open a new brokerage account.
- Submit your data by hitting the "Create Account" button. Get started with eToro today
Step 3: Fund your brokerage account
Now that you have created your account on our top ranked stock trading app, you need to deposit funds:
Check out the tutorial below to see the process of depositing funds into your investment account.
Step 4: Analyze Nexttrip stock
Once you have selected the best place to buy Nexttrip stock, it's very important to research their stock prior to investing, so you can understand the risk as well as the opportunity.
Nexttrip shares quick numbers
Nexttrip Zen Score
WallStreetZen was created to help part-time investors do more in-depth fundamental analysis in less time.
You can see all of the due diligence checks on NTRP's stock page.
Is NTRP stock undervalued or overvalued?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge NTRP's intrinsic value.
Using relative valuations metrics:
- NTRP may be undervalued based on its P/B ratio of 1.1x, relative to Information Technology Services industry P/B ratio of 4.51x
You can do additional valuation analysis on NTRP's stock here.
A quick look at NTRP Financials
Signs that NTRP is financially healthy:
- There are more short-term assets than long-term liabilities on the NTRP balance sheet.
- There are more short-term assets than short-term liabilities on the NTRP balance sheet.
Signs that NTRP is not financially healthy:
- Total NTRP debt is higher than 5 years ago, relative to shareholder equity.
- NTRP profit margin has gone down from -1,114% to -1,133% in the past year.
- NTRP has cash burn of 4415397. It does not have sufficient cash and short-term investments to cover this.
- NTRP has a relatively high debt to equity ratio of 0.44.
- NTRP has $556.09k in cash and short term investments. This is not enough to cover its annual cash burn of $4.42M.
Is it a good time to buy NTRP stock, according to analysts?
Out of 1 Equities analysts who give recommendations on NTRP, the consensus analyst rating on Nexttrip is a Hold
Please keep in mind that analyst ratings are not stock recommendations, nor are they financial advice.
You can dig deeper into what analysts are saying on the Nexttrip stock forecast page.
NTRP Technical Indicators
Is NTRP Growing Revenue?
Last year, NTRP revenue was $522.87k. During the last five year, NTRP's revenue has gone up by 1.37% per year. This was slower than the Information Technology Services industry average of 7.86%.
Find out more about NTRP's earnings and revenue performance here.
What are NTRP insiders up to?
Over the last 12 months, executives and large shareholders at NTRP have bought more shares than they have sold.
William Kerby, Chief Executive Officer of NTRP, was the latest NTRP insider to buy. They bought $19,500.00 worth of NTRP stock on Feb 1, 2024.
Dig into more about who owns NTRP shares here.
Can I rely on NTRP as an income stream?
No, Nexttrip doesn't provide an income stream by paying out dividends.
What do other investors have to say about NTRP?
One of the major reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to find out what other community members have to say.
Step 5: Make your NTRP trade
You have 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 usually the best for newer investors. - Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
If you want to ensure you're buying or selling at a specific price, use a limit order.
Press the Open button and your broker will place your order.
If you want more info about buying stocks on eToro, click the helpful video below:
Step 6: Get key alerts regarding your investment in NTRP
Now that you own some NTRP stock, you'll want to keep up with your shares.
Create a watchlist to get notified of the latest news about your NTRP stock.
NTRP Feed
How to Buy Stock in Nexttrip
To summarize, here are the 6 steps for buying Nexttrip stock:
- Decide where to buy Nexttrip stock
- Open your brokerage account
- Fund your brokerage account
- Analyze Nexttrip stock
- Make your NTRP trade
- Get key alerts regarding your investment in NTRP
If you are looking for a place to buy stocks, eToro is our recommended venue.
Get Started with eToro TodayIf you would like to get the latest news on your new investment in Nexttrip, create a watchlist on WallStreetZen today.
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