How to Buy Nft Stock

Nft Ltd

Takung Art Co. , Ltd. Operates international online trading platform that provides state-of-the-art and convenient services for various types of artworks.

Nft stock last closed at $2.64, up 1.11% from the previous day, and has decreased 70.99% in one year. It has underperformed other stocks in the Internet Retail industry by 0.95 percentage points. Nft stock is currently +28.78% from its 52-week low of $2.05, and -84.21% from its 52-week high of $16.72.

As of Feb 13, 2025, there are 4.08M MI shares outstanding. The market capitalization of MI is $10.77M. In the last 24 hours, 4111 MI shares were traded.

How to Buy Nft Stock

Wondering how to invest in Nft stock? Here's how.

  1. Figure out where to buy Nft stock: You need to pick a stock brokerage, but don't worry - we've sifted through dozens of stock brokerages and apps to help you choose where to buy Nft stock.
  2. Open a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
  3. Put funds into your brokerage account: Pick your method of payment and add your information.
  4. Analyze Nft stock: The Nft ticker symbol is MI. Is Nft stock a good investment? Should you buy shares of MI? How do MI's underlying business fundamentals look? Do top analysts think Nft is a good buy? Why has MI's stock price moved recently? (Hint: Our stock market research website can help you figure out if MI is a good stock to buy).
  5. Make your MI buy order: Decide if you will purchase MI shares at the current market price or use a limit order to buy MI stock at a particular price.
  6. Get the latest scoop on your investment in MI: Create a watchlist to get the latest news on your investment in Nft shares.

Step 1: Figure out where to buy Nft stock

You need a brokerage account in order to access the NYSEMKT market and buy MI stock.

A brokerage account is an investment account that allows you to buy and sell a number of investments, such as stocks, bonds, mutual funds, and ETFs.

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Based on our research, eToro is the best online stock brokerage. Here's why:

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Step 2: Open a brokerage account

Now that you've picked your brokerage, it's time to fill out some personal information so you are able to invest in MI today.

How to Open a New Brokerage Account on eToro

  1. Click here to get started.
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  2. Input your personal data to open your new trading account.
  1. Submit your details by pressing the "Create Account" button.
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Step 3: Put funds into your brokerage account

Now that you've created your account on the best stock app, you can securely and quickly fund your account:

Watch the walkthrough below for more details depositing money into your investment 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: Analyze Nft stock

Once you have identified the best place to buy Nft stock, it's important to research their stock prior to investing, so you actually wrap your head around the risk as well as the upside.

Nft shares quick numbers

MI Price
$2.64
1w %
-10.51%
1y %
-70.99%
5y %
-95.6%
P/E
-0.39x
P/B
0.14x
P/S
2.39x
PEG
N/A
Revenue
$1.27M
Earnings
$4.72M
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$10.77M
Next Earnings
N/A
Next Dividend
N/A

MI Due Diligence Checks

WallStreetZen was built to help everyday investors perform more accurate fundamental analysis quickly.

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

Is MI stock overvalued?

You can use many financial metrics, analyses, models, and charts to gauge MI's fair value.

Using relative valuations metrics:

  • MI could be undervalued based on its P/B ratio of 0.14x, relative to Internet Retail industry P/B ratio of 6.27x

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

MI Financial Health Overview

Passed Financial Due Diligence Checks:

  • There are more short-term assets than long-term liabilities on the MI balance sheet.
  • MI profit margin has gone up from 93.3% to 370.7% in the past year.
  • MI has a low debt to equity ratio of 0.16.
  • MI has cash burn of 1350249. It has sufficient cash and short-term investments to cover this for at least one year.
  • Total MI debt is lower than 5 years ago, relative to shareholder equity.
  • MI has $86.80M in cash and short term investments. This is enough to cover its annual cash burn of $1.35M.
  • There are more short-term assets than short-term liabilities on the MI balance sheet.

MI Technicals

SMA10
2.87
SMA20
2.9
SMA50
3.78
SMA100
5.67
SMA200
5.42
MACD
-0.3
MACD Signal
-0.33
MACD Histogram
0.04
RSI
39.52
Stochastic %K
15.43
Stochastic %D
17.29
StochRSI %K
2.87
StochRSI %D
13.31

How are MI Revenues/Earnings doing?

Last year, MI revenue was $1.27M. In the last 5 year, MI's revenue has grown by -6.98% per year. This was slower than the Internet Retail industry average of 23.7%.

Dive into MI's earnings and revenue performance here.

Who is buying/selling MI?

In the past 12 months, executives and large shareholders at MI have not bought or sold any shares.

Research more about who owns MI stock here.

Does MI provide a stable income stream?

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

MI Social Trading Data

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

Click below to learn what other investors have to say.

Step 5: Make your MI buy order

You have two primary options:

  • Market order: A market order is an order to buy or sell a stock at the best price on the market.
    Market orders are mostly fine for most investors.
  • Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
    If you want to make sure you're buying or selling at a specific dollar amount limit, place a limit order.

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

If you want additional info about buying stocks on eToro, watch the helpful video below:

Open eToro Account

Step 6: Get the latest scoop on your investment in MI

Now that you own some shares in MI, you'll want to stay up-to-date on your new shares.

Put MI on a watchlist to track the most important metrics related to your MI stock.

MI Feed

How to Buy Stock in Nft

To reiterate, here are the 6 steps for buying Nft stock:

  1. Figure out where to buy Nft stock
  2. Open a brokerage account
  3. Put funds into your brokerage account
  4. Analyze Nft stock
  5. Make your MI buy order
  6. Get the latest scoop on your investment in MI

If you require a online 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 want to watch your investment in Nft, click the button below.

NYSEMKT: MI
$2.64+0.03 (+1.11%)
Updated Feb 13, 2025
Open eToro Account
Your capital is at risk.
NYSEMKT: MI
$2.64+0.03 (+1.11%)
Updated Feb 13, 2025
Open eToro Account
Your capital is at risk.

FAQ

How much does it cost to buy one Nft share?

As of Feb 13, 2025, it costs $2.64 to buy one share of Nft stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $1, you can buy 0.379 shares of MI.

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 Nft stock?

One way to place an order for Nft 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.