How to Buy Nl Industries Stock
Nl Industries Inc
Nl Industries is a security & protection service company located in Texas, United States, which is part of the Industrials sector, and is traded under the ticker NL on the NYSE exchange.
Nl Industries stock last closed at $7.81, down 1.14% from the previous day, and has increased 25.97% in one year. It has underperformed other stocks in the Security & Protection Services industry by 0.02 percentage points. Nl Industries stock is currently +75.11% from its 52-week low of $4.46, and -9.19% from its 52-week high of $8.60.
As of Apr 26, 2024, there are 48.83M NL shares outstanding. The market capitalization of NL is $381.39M. In the past 24 hours, 20,730 NL shares were traded.
How to Buy Nl Industries Stock
Wondering how to invest in Nl Industries stock? Here's how.
- Decide where to buy Nl Industries stock: You need to pick a stock brokerage, but don't worry - we've researched dozens of online brokerages and apps to help you decide where to buy Nl Industries stock.
- Open your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Deposit funds into your investment account: Choose your method of payment and add your information.
- Research Nl Industries stock: The Nl Industries ticker symbol is NL. Is Nl Industries stock a good investment? Should you buy shares of NL? How do NL's underlying business fundamentals look? Do top analysts think Nl Industries is a good buy? Why has NL's stock price moved recently? (Hint: Our stock analysis website can help you decide if NL is a good stock to buy).
- Make your NL trade: Decide if you will purchase NL shares at the current market price or use a limit order to buy NL shares at a particular price.
- Monitor your investment in NL: Create a watchlist to monitor your investment in Nl Industries shares.
Step 1: Decide where to buy Nl Industries stock
You need a brokerage account in order to access the NYSE market and buy NL shares.
Our preferred brokerage: eToro
Based on our research, eToro is the best stock brokerage. eToro gives you:
- You can invest in stocks with zero commissions: Invest without commissions.
- Buy fractional shares: Even if you can't afford a full share, you can still invest in the stock.
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- Social investing: eToro boasts a community with more than 20 million users worldwide. Talk to, learn from, and copy the unique crypto portfolios of other investors.
- Security: eToro is a regulated and licensed brokerage platform.
- Buy other financial assets: Such as ETFs and cryptos.
Get $10 towards your purchase of shares by creating an account with eToro now.
Open eToro AccountStep 2: Open your brokerage account
Now that you've selected the right brokerage, you need to fill out some personal info so you can buy NL stock 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 info to create your new brokerage account.
- Send your details by hitting the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your investment account
Now that you've filled out your info on app for investing, you can securely and quickly fund your account:
Check out the video below for more details transferring money into your new brokerage account.
Step 4: Research Nl Industries stock
Once you have identified the best place to buy Nl Industries stock, it's important to research their stock before you invest, so you actually understand the risk as well as the upside.
Nl Industries quick stats
NL Fundamentals
WallStreetZen was built to help everyday investors perform more in-depth fundamental analysis.
You can see all of the due diligence checks on NL's stock page.
Is NL stock overvalued?
Investors use many financial metrics, analyses, models, and charts to gauge NL's fair value.
Using relative valuations measures:
- NL could be undervalued based on its P/B ratio of 1.03x, relative to Security & Protection Services industry P/B ratio of 2.98x
You can do additional valuation analysis on NL's stock here.
A look at NL Cashflows and Balance Sheet
Passed Financial Due Diligence Checks:
- There are more short-term assets than long-term liabilities on the NL balance sheet.
- Total NL debt is lower than 5 years ago, relative to shareholder equity.
- There are more short-term assets than short-term liabilities on the NL balance sheet.
- NL's operating cash flow of $37.00M allows it to safely service it's debt of $500.00k.
Failed Financial Due Diligence Checks:
- NL profit margin has gone down from 20.3% to -1.4% in the past year.
- NL has a relatively high debt to equity ratio of 0.5.
- NL earnings of -$8.56M is not enough to cover its interest payments.
NL Trading Indicators
NL Growth Metrics
Last year, NL revenue was $161.29M. Over the past 5 year, NL's revenue has grown by 6.41% per year. This was slower than the Security & Protection Services industry average of 7.04%.
You can analyze NL's earnings and revenue performance here.
Are NL executives and large shareholders buying or selling the stock?
In the past year, executives and large shareholders at NL have not bought or sold any shares.
Research more about who owns NL shares here.
Can I get consistent income from NL stock?
Nl Industries pays a dividend of 3.71%, compared to the Security & Protection Services industry's average dividend yield of 1.88%. If you owned $1,000 worth of NL stock, you would have been paid $37.13 in the past 12 months.
Nl Industries dividend payments have consistently grown over the past decade but have not remained stable.
Find more data about Nl Industries dividend yield and history here.
What others are saying about NL
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 investors have to say.
Step 5: Make your NL trade
There are two main order types:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are usually the easiest way to buy. - Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
If you want to be sure you're buying or selling at a given dollar amount, use a limit order.
Press the Open Trade button and eToro will execute your order.
If you need more info about buying stocks on eToro, watch the how to video below:
Step 6: Monitor your investment in NL
Now that you own some NL shares, you'll want to stay up-to-date on your new shares.
Put NL on a watchlist to get alerted to the latest events about your NL stock.
NL Feed
How to Buy Stock in Nl Industries
To reiterate, here are the 6 steps for buying Nl Industries stock:
- Decide where to buy Nl Industries stock
- Open your brokerage account
- Deposit funds into your investment account
- Research Nl Industries stock
- Make your NL trade
- Monitor your investment in NL
If you need a online brokerage, eToro is our recommended option.
Get Started with eToro TodayIf you want to keep tabs on your new investment in Nl Industries, get started below.
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