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 $2.45, down 1.21% from the previous day, and has decreased 18.33% in one year. It has underperformed other stocks in the Furnishings Fixtures & Appliances industry by 0.21 percentage points. Nova Lifestyle stock is currently +68.97% from its 52-week low of $1.45, and -61.6% from its 52-week high of $6.38.
As of May 2, 2024, there are 2.32M shares of NVFY outstanding. The market value of NVFY is $5.69M. In the last 24 hours, 7853 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.
- Access to world markets: From Tech to Utilities, New York to London — you can fill your portfolio with stocks from the globe's top stock exchanges.
- 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.
Using relative valuations measures:
- NVFY could be overvalued based on its P/B ratio of 11.46x, relative to Furnishings Fixtures & Appliances industry P/B ratio of 2.15x
You can do more valuation research on NVFY's stock here.
A quick look at NVFY Financials
Passed Health Checks:
- There are more short-term assets than long-term liabilities on the NVFY balance sheet.
- There are more short-term assets than short-term liabilities on the NVFY balance sheet.
Failed Health Checks:
- NVFY has a relatively high debt to equity ratio of 11.57.
- Total NVFY debt is higher than 5 years ago, relative to shareholder equity.
- NVFY has cash burn of 1561604. It does not have enough cash and short-term investments to cover this.
- NVFY profit margin has gone up by 0.71 percentage points in the past year, but the company is still unprofitable.
- NVFY has $369.14k in cash and short term investments. This is not sufficient to cover its annual cash burn of $1.56M.
NVFY Momentum
NVFY Performance Metrics
Last year, NVFY revenue was $11.09M. During the past 5 year, NVFY's revenue has grown by -32.84% per year. This was slower than the Furnishings Fixtures & Appliances industry average of 20.58%.
Find out more about NVFY's earnings and revenue performance here.
What are NVFY executives and large shareholders up to?
Over the past year, insiders at NVFY have not bought or sold any shares.
Get more info about who owns NVFY shares here.
Can I get consistent income from NVFY stock?
No, Nova Lifestyle doesn't provide an income stream by paying out dividends.
NVFY 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 NVFY purchase
There are two main types of orders:
- Market order: A market order is an order to buy or sell a stock at the best price on the market.
Market orders are usually fine. - 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 given price, place a limit order.
Press the Open button and eToro will execute your order.
If you need additional assistance buying stocks on eToro, watch the how to video below:
Step 6: Keep an eye on your investment in NVFY
Now that you own some shares in NVFY, you'll want to stay up-to-date on your company.
Start a watchlist to track your NVFY stock.
NVFY Feed
How to Buy Stock in Nova Lifestyle
To reiterate, here are the 6 steps to buy 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 would like to get the latest news on your new investment in Nova Lifestyle, hit the button below to create your watchlist.
Trending Content
FAQ
Company
AboutNewsBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsHelp GuidesContactTwitterYouTubeNewsletterInformation 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.