How to Buy Nova Lifestyle Stock
Nova Lifestyle Inc
Nova LifeStyle, Inc. , through its subsidiaries, designs, manufactures, markets, and sells residential and commercial furniture for middle and upper middle-income consumers worldwide.
Nova Lifestyle stock last closed at $0.44, down 2.67% from the previous day, and has decreased 79.19% in one year. It has underperformed other stocks in the Furnishings Fixtures & Appliances industry by 1.05 percentage points. Nova Lifestyle stock is currently +13.51% from its 52-week low of $0.39, and -93.15% from its 52-week high of $6.38.
As of Dec 6, 2024, there are 7.21M shares of NVFY outstanding. The market value of NVFY is $3.15M. In the last 24 hours, 114,940 NVFY shares were traded.
How to Buy Nova Lifestyle Stock
Not sure how to invest in Nova Lifestyle stock? Here's how.
- Figure out where to buy Nova Lifestyle stock: You need to decide on a stock brokerage, but don't worry - we've sifted through dozens of online brokerages and apps to help you decide where to buy Nova Lifestyle stock.
- Sign up for your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Fund your brokerage account: Select your method of payment and add your details.
- Analyze Nova Lifestyle stock: The Nova Lifestyle ticker symbol is NVFY. Is Nova Lifestyle stock a good investment? Should you buy shares of NVFY? How do NVFY's underlying business fundamentals look? Do top analysts think Nova Lifestyle is a good buy? Why has NVFY's stock price moved recently? (Hint: Our stock market analysis website can help you understand if NVFY is a good stock to buy).
- Make your NVFY purchase: Decide if you will purchase NVFY shares at the current market price or use a limit order to purchase NVFY stock at a particular price.
- Keep an eye on your investment in NVFY: Create a watchlist to key updates about your new investment in Nova Lifestyle shares.
Step 1: Figure out where to buy Nova Lifestyle stock
You need a brokerage account in order to access the NASDAQ market and buy NVFY shares.
Our preferred brokerage: eToro
Based on our experience, eToro is the best online stock brokerage. eToro gives you:
- You can invest in stocks with 0% commissions: Invest without paying trading commissions.
- Buy fractional shares: Even if you can't afford a full share, you can still purchase the stock.
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- Social investing: eToro boasts a community of 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 fintech leader.
- Buy other financial assets: Such as ETFs and cryptos.
Get $10 towards your purchase of shares by signing up for an account with eToro now.
Open eToro AccountStep 2: Sign up for your brokerage account
Now that you've chosen your brokerage, the next step is to fill out some personal information so you can buy NVFY stock today.
How to Open 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 start your new brokerage account.
- Send your data by hitting the "Create Account" button. Get started with eToro today
Step 3: Fund your brokerage account
Now that you have opened your account on a investment app, you can securely and quickly fund your account:
Check out the walkthrough below to see the process of transferring funds into your investment account.
Step 4: Analyze Nova Lifestyle stock
Once you have selected the best place to buy Nova Lifestyle stock, it's important to evaluate their stock before you invest, so you can comprehend the risk and opportunity.
Nova Lifestyle stock quick numbers
Nova Lifestyle Overview
WallStreetZen was designed to help part-time investors do more in-depth fundamental analysis.
You can view all of the due diligence checks on NVFY's stock page.
Is NVFY stock undervalued?
Analysts use many financial metrics, analyses, models, and charts to gauge NVFY's intrinsic value.
You can do additional valuation research on NVFY's stock here.
How do NVFY Financials look?
Passed Health Checks:
- There are more short-term assets than long-term liabilities on the NVFY balance sheet.
Failed Health Checks:
- NVFY has $162.29k in cash and short term investments. This is not sufficient to cover its annual cash burn of $4.21M.
- NVFY profit margin has gone up by 0.1 percentage points in the past year, but the company is still unprofitable.
- There are more short-term liabilities than short-term assets on the NVFY balance sheet.
- NVFY debt to equity ratio of -6.65 is negative.
- NVFY has cash burn of 4210081. It does not have enough cash and short-term investments to cover this.
- Total NVFY debt is still negative.
NVFY Trading Indicators
NVFY Growth Metrics
Last year, NVFY revenue was $9.96M. Over the last five year, NVFY's revenue has grown by -23.29% per year. This was slower than the Furnishings Fixtures & Appliances industry average of 8.97%.
Dig into NVFY's earnings and revenue performance here.
Latest Insiders Trades at NVFY
Over the past year, insiders at NVFY have not bought or sold any shares.
Research more about who owns NVFY shares here.
Can I rely on NVFY as an income stream?
No, Nova Lifestyle doesn't provide an income stream by paying out dividends.
What others are saying about NVFY
One of the primary reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to learn what other community members have to say.
Step 5: Make your NVFY purchase
You have two main order types:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are usually fine for most investors. - Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
If you want to be certain you're buying or selling at an exact dollar amount, place a limit order.
Click the Open button and eToro will place the order.
If you need more help investing in stocks on eToro, click the how to video below:
Step 6: Keep an eye on your investment in NVFY
Now that you own some NVFY shares, you'll want to stay up-to-date on your new investment.
Add NVFY to a watchlist to get alerted to the latest events about your NVFY stock.
NVFY Feed
How to Buy Stock in Nova Lifestyle
To summarize, here are the 6 steps for buying Nova Lifestyle stock:
- Figure out where to buy Nova Lifestyle stock
- Sign up for your brokerage account
- Fund your brokerage account
- Analyze Nova Lifestyle stock
- Make your NVFY purchase
- Keep an eye on your investment in NVFY
If you need a online brokerage, eToro is our favorite venue.
Get Started with eToro TodayIf you want to get notifications regarding your investment in Nova Lifestyle, add NVFY to your watchlist by clicking the button below.
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