How to Buy Northern Technologies International Stock
Northern Technologies International Corp
Northern Technologies International Corporation develops and markets rust and corrosion inhibiting products and services in North America, South America, Europe, Asia, the Middle East and internationally.
Northern Technologies International stock last closed at $13.18, down 1.42% from the previous day, and has increased 2.81% in one year. It has underperformed other stocks in the Specialty Chemicals industry by 0.06 percentage points. Northern Technologies International stock is currently +30.5% from its 52-week low of $10.10, and -9.79% from its 52-week high of $14.61.
As of Oct 2, 2023, there are 9.37M shares of NTIC outstanding. The market value of NTIC is $123.50M. In the last 24 hours, 7096 NTIC shares were traded.
How to Buy Northern Technologies International Stock
Not sure how to invest in Northern Technologies International stock? Here's how.
- Figure out where to buy Northern Technologies International stock: You need to choose a stock brokerage, but don't worry - we've tried dozens of online stock brokerages and apps to help you determine where to buy Northern Technologies International stock.
- Open your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Put funds into your investment account: Pick your method of payment and add your information.
- Analyze Northern Technologies International stock: The Northern Technologies International ticker symbol is NTIC. Is Northern Technologies International stock a good investment? Should you buy shares of NTIC? How do NTIC's underlying business fundamentals look? Do top analysts think Northern Technologies International is a good buy? Why has NTIC's stock price moved recently? (Hint: Our stock research website can help you understand if NTIC is a good stock to buy).
- Make your NTIC purchase: Decide if you will purchase NTIC shares at the current market price or use a limit order to buy NTIC shares at a particular price.
- Get notifications regarding your NTIC investment: Create a watchlist to key updates about your investment in Northern Technologies International shares.
Step 1: Figure out where to buy Northern Technologies International stock
You will need an online brokerage account to access the NASDAQ market and buy NTIC stock.
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Open eToro AccountStep 2: Open your brokerage account
Now that you've picked your brokerage, you need to fill out some personal details so you are able to invest in NTIC stock today.
How to Start a New Investment Account on eToro
- Click here to get started.
- Input your personal data to open a new trading account.
- Send your information by clicking the "Create Account" button.
Step 3: Put funds into your investment account
Now that you have created your account on the best stock trading app for beginners, your next step is to transfer the money for your investment:
Check out the video below to see the process of transferring funds into your brokerage account.
Step 4: Analyze Northern Technologies International stock
Once you have chosen the best place to buy Northern Technologies International stock, it's very important to research their stock prior to buying, so you actually wrap your head around the risk as well as the opportunity.
Northern Technologies International stock quick numbers
Northern Technologies International Due Diligence Checks
WallStreetZen was built to help everyday investors perform better fundamental analysis.
You can view all of the due diligence checks on NTIC's stock page.
Is NTIC stock properly valued?
You can use many financial metrics, analyses, models, and charts to gauge NTIC's true value.
Using relative valuations methods:
- NTIC may be overvalued based on its P/E ratio of 34.68x, relative to Specialty Chemicals industry P/E ratio of 24.97x
- NTIC could be undervalued based on its P/B ratio of 1.86x, relative to Specialty Chemicals industry P/B ratio of 2.99x
You can do more valuation analysis on NTIC's stock here.
NTIC Financial Summary
Pros:
- NTIC has $6.20M in cash and short term investments. This is sufficient to cover its annual cash burn of $256.17k.
- NTIC has cash burn of 256171. It has enough cash and short-term investments to cover this for at least one year.
- NTIC has a low debt to equity ratio of 0.26.
- There are more short-term assets than short-term liabilities on the NTIC balance sheet.
- There are more short-term assets than long-term liabilities on the NTIC balance sheet.
Cons:
- NTIC profit margin has gone down from 10.6% to 4.5% in the past year.
- Total NTIC debt is higher than 5 years ago, relative to shareholder equity.
Is Northern Technologies International stock a Buy, Hold, or Sell, according to analysts?
Out of 1 Wall Street analysts who give recommendations on NTIC, the consensus analyst rating on NTIC is a Buy
Please note that analyst ratings are not stock recommendations, nor are they financial advice.
Most Recent NTIC Analyst Recommendations
Gus Richard, a top 19% analyst from Northland Securities maintains NTIC with a buy rating and lowers their NTIC price target from $21.00 to $20.00, on Apr 14, 2023.
You can dig deeper into what analysts are saying on the Northern Technologies International stock forecast page.
NTIC Momentum
NTIC Earnings
Last year, NTIC earnings were $3.56M. In the past 5 year, NTIC's earnings have gone up by -10.45% per year. This was slower than the Specialty Chemicals industry average of 10.32%.
Last year, NTIC revenue was $79.45M. In the last five year, NTIC's revenue has increased by 10.8% per year. This was faster than the Specialty Chemicals industry average of 8.01%.
Learn more about NTIC's earnings and revenue performance here.
Are NTIC insiders buying or selling the stock?
Over the past 12 months, executives and large shareholders at NTIC have bought more shares than they have sold.
Falkenhausen Konstantin Von, Director of NTIC, was the latest NTIC insider to buy. They bought $58,800.00 worth of NTIC stock on Aug 28, 2023.
Dig into more about who owns NTIC stock here.
Does NTIC provide a stable income stream?
Northern Technologies International pays a dividend of 2.12%, compared to the Specialty Chemicals industry's average dividend yield of 2.73%. If you owned $1,000 of NTIC stock, you would have received $21.24 in the past year.
Northern Technologies International dividend payments have consistently grown over the past decade but have not remained stable.
Find more analysis about Northern Technologies International dividend yield and history here.
What do other investors have to say about NTIC?
One of the biggest reasons eToro is our highest-rated brokerage is because of its social trading community.
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Step 5: Make your NTIC purchase
There are two primary types of orders:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are generally sufficient. - Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
If you want to ensure you're buying or selling at a given dollar amount, use a limit order.
Click the Open button and your broker will execute the order.
If you require additional info about buying stocks on eToro, click the helpful video below:
Step 6: Get notifications regarding your NTIC investment
Now that you own some shares in NTIC, you'll want to keep up with your new investment.
Put NTIC on a watchlist to get the latest updates about your NTIC stock.
NTIC Feed
How to Buy Stock in Northern Technologies International
To summarize, here are the 6 steps to buy Northern Technologies International stock:
- Figure out where to buy Northern Technologies International stock
- Open your brokerage account
- Put funds into your investment account
- Analyze Northern Technologies International stock
- Make your NTIC purchase
- Get notifications regarding your NTIC investment
If you are looking for a place to buy stocks, eToro is our favorite venue.
Get Started with eToro TodayIf you want to keep an eye on your investment in Northern Technologies International, add NTIC to your watchlist below.
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