How to Buy Novonix Stock
Novonix Ltd
Novonix Limited develops and supplies battery materials, equipment, and services to the lithium-ion battery market in North America.
Novonix stock last closed at $1.42, down 3.4% from the previous day, and has decreased 8.97% in one year. It has underperformed other stocks in the Electrical Equipment & Parts industry by 0.39 percentage points. Novonix stock is currently +75.31% from its 52-week low of $0.81, and -47.99% from its 52-week high of $2.73.
As of Aug 28, 2025, there are 636.2M shares of NVX outstanding. The market capitalization of NVX is $225.85M. In the past 24 hours, 53,500 NVX shares were traded.
How to Buy Novonix Stock
Wondering how to invest in Novonix stock? Here's how.
- Choose where to buy Novonix stock: You need to pick a stock brokerage, but don't worry - we've sifted through dozens of online brokerages and apps to help you choose where to buy Novonix stock.
- Open your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Deposit funds into your brokerage account: Pick your method of payment and add your details.
- Analyze Novonix stock: The Novonix ticker symbol is NVX. Is Novonix stock a good investment? Should you buy shares of NVX? How do NVX's underlying business fundamentals look? Do top analysts think Novonix is a good buy? Why has NVX's stock price moved recently? (Hint: Our stock market analysis website can help you evaluate if NVX is a good stock to buy).
- Place your NVX purchase: Decide if you will purchase NVX shares at the current market price or use a limit order to buy NVX shares at a specific price.
- Get the latest scoop on your investment in NVX: Create a watchlist to the latest updates on your position in Novonix shares.
Step 1: Choose where to buy Novonix stock
You need an online brokerage account in order to access the NASDAQ market and buy NVX shares.
Our favorite brokerage: eToro
Based on our experience, eToro is the best online stock brokerage. Here's why:
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- Security: eToro is a regulated and licensed brokerage platform.
- Buy other financial assets: Such as ETFs and cryptocurrencies.
Get $10 towards your purchase of shares by opening an account with eToro today. This offer is only for US users.
Open eToro AccountStep 2: Open your brokerage account
Now that you've chosen your brokerage, it's time to fill out some personal info so you are able to buy NVX today.
How to Create a New Brokerage 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.
- Provide your personal info to create a new trading account.
- Submit your details by hitting the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your brokerage account
Now that you've created your account on the best stock trading app for beginners, you can securely and quickly fund your account:
Check out the video below to see the process of depositing money into your investment account.
Step 4: Analyze Novonix stock
After you have chosen the best place to buy Novonix stock, it's critical to research their stock before you buy, so you can comprehend the risk as well as the upside.
Novonix stock data
Fundamentals of NVX
WallStreetZen was created to help everyday investors perform better fundamental analysis quickly.
You can see all of the due diligence checks on NVX's stock page.
How is NVX stock valued?
You can use a variety of different financial metrics, analyses, models, and charts to gauge NVX's true value.
Using relative valuations metrics:
- NVX may be undervalued based on its P/B ratio of 1.57x, relative to Electrical Equipment & Parts industry P/B ratio of 6.16x
You can access more valuation research on NVX's stock here.
NVX Financial Health Overview
Positive Financial Indicators:
- There are more short-term assets than long-term liabilities on the NVX balance sheet.
Negative Financial Indicators:
- Total NVX debt is higher than 5 years ago, relative to shareholder equity.
- NVX has cash burn of 94984987. It does not have enough cash and short-term investments to cover this.
- NVX profit margin has gone down from -681.6% to -1,116.9% in the past year.
- NVX has $24.82M in cash and short term investments. This is not enough to cover its annual cash burn of $94.98M.
- NVX has a relatively high debt to equity ratio of 0.66.
- There are more short-term liabilities than short-term assets on the NVX balance sheet.
You can dig deeper into what analysts are saying on the Novonix stock forecast page.
NVX Technical Indicators
Is NVX Growing Revenue?
Last year, NVX revenue was $5.93M. Over the past 5 year, NVX's revenue has gone up by 15.78% per year. This was slower than the Electrical Equipment & Parts industry average of 16.84%.
Find out more about NVX's earnings and revenue performance here.
Who is buying/selling NVX?
Over the past 12 months, executives and large shareholders at NVX have not bought or sold any shares.
Learn more about who owns NVX shares here.
Can I get consistent income from NVX stock?
No, Novonix doesn't provide an income stream by paying out dividends.
NVX Social Trading Data
One of the biggest reasons eToro is our favorite brokerage is because of its social trading community.
Click below to see what other traders have to say.
Step 5: Place your NVX purchase
There are 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 mostly fine for most investors. - Limit order: A limit order lets you buy or sell a security at a specific price (or better).
If you want to be sure you're buying or selling at a specific price limit, use a limit order.
Hit the Open Trade button and your broker will place your order.
If you require more assistance investing in stocks on eToro, click the how to video below:
Step 6: Get the latest scoop on your investment in NVX
Now that you own some NVX shares, you'll want to keep up with your investment.
Put NVX on a watchlist to keep tabs on your NVX stock.
NVX Feed
How to Buy Stock in Novonix
To reiterate, here are the 6 steps for buying Novonix stock:
- Choose where to buy Novonix stock
- Open your brokerage account
- Deposit funds into your brokerage account
- Analyze Novonix stock
- Place your NVX purchase
- Get the latest scoop on your investment in NVX
If you are looking for a brokerage account, eToro is our recommended option.
Get Started with eToro TodayIf you would like to get notifications regarding your investment in Novonix, hit the button below to create your watchlist.
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