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.
A brokerage account is an investment account that enables you to buy and sell a variety of financial instruments, including stocks, bonds, mutual funds, and ETFs.
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Step 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.
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
NTIC Price
$13.18
1w %
2.73%
1y %
2.81%
5y %
-24.79%
P/E
34.68x
P/B
1.86x
P/S
1.55x
PEG
N/A
Revenue
$79.45M
Earnings
$3.56M
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$123.50M
Next Earnings
Nov 13, 2023
Next Dividend
N/A
Northern Technologies International Due Diligence Checks
WallStreetZen was built to help everyday investors perform better fundamental analysis.
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.
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%.
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.
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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.
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How much does it cost to buy one Northern Technologies International share?
As of Oct 2, 2023, it costs $13.18 to buy one share of Northern Technologies International stock.
Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $6, you can buy 0.455 shares of NTIC.
Is now a good time to buy Northern Technologies International stock?
According to 1 Wall Street analysts who monitor Northern Technologies International, their consensus recommendation is to buy Northern Technologies International stock.
What is the best way to buy Northern Technologies International stock?
One way to place an order for Northern Technologies International 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.