How to Buy Nano Labs Stock
Nano Labs Ltd
Nano Labs Ltd operates as a fabless integrated circuit design company and product solution provider in the People's Republic of China and internationally.
Nano Labs stock last closed at $4.60, up 6.98% from the previous day, and has increased 2.22% in one year. It has overperformed other stocks in the Semiconductors industry by 0.21 percentage points. Nano Labs stock is currently +67.33% from its 52-week low of $2.75, and -66.81% from its 52-week high of $13.86.
There are currently 15.67M NA shares outstanding. The market cap of NA is $72.10M. In the last 24 hours, 32,671 NA shares were traded.
How to Buy Nano Labs Stock
Wondering how to invest in Nano Labs stock? Here's how.
- Choose where to buy Nano Labs stock: You need to pick an online brokerage, but don't worry - we've researched dozens of online stock brokerages and apps to help you choose where to buy Nano Labs stock.
- Open a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Deposit funds into your investment account: Choose your payment method and add your details.
- Research Nano Labs stock: The Nano Labs ticker symbol is NA. Is Nano Labs stock a good investment? Should you buy shares of NA? How do NA's underlying business fundamentals look? Do top analysts think Nano Labs is a good buy? Why has NA's stock price moved recently? (Hint: Our stock market analysis tools can help you understand if NA is a good stock to buy).
- Place your NA trade: Decide if you will purchase NA shares at the current market price or use a limit order to purchase NA shares at a particular price.
- Get updates on your NA investment: Create a watchlist to track your investment in Nano Labs shares.
Step 1: Choose where to buy Nano Labs stock
You will need an online brokerage account in order to access the NASDAQ market and buy NA shares.
Our recommended brokerage: eToro
Based on our experience, eToro is the best online stock brokerage. Here's why:
- You can invest in stocks with 0% commissions: Invest without paying trading commissions.
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- Social investing: eToro boasts a community with more than 20 million users globally. Talk to, learn from, and copy the unique crypto portfolios of top investors.
- Security: eToro is a regulated and licensed brokerage platform.
- Buy other financial assets: Such as ETFs and cryptos.
Get $10 towards your stock purchase by opening an account with eToro today. This offer is only for US users.
Open eToro AccountStep 2: Open a brokerage account
Now that you've picked your brokerage, it's time to fill out some personal info so you are able to buy NA stock today.
How to Open a New 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 create a new brokerage account.
- Submit your information by hitting the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your investment account
Now that you have created your account on one of the most highly reviewed stock trading apps, you need to deposit funds:
Watch this video walkthrough to see the process of transferring money into your brokerage account.
Step 4: Research Nano Labs stock
Once you have identified the best place to buy Nano Labs stock, it's absolutely critical to evaluate their stock before you buy, so you actually wrap your head around the risk as well as the opportunity.
Nano Labs Metrics
Nano Labs Fundamentals
WallStreetZen was built to help everyday investors perform more accurate fundamental analysis in minutes instead of hours.
You can see all of the due diligence checks on NA's stock page.
What is the fair value of NA stock?
Investors use many financial metrics, analyses, models, and charts to gauge NA's fair value.
Using relative valuations ratios:
- NA could be undervalued based on its P/B ratio of 0.31x, relative to Semiconductors industry P/B ratio of 7.13x
You can do additional valuation analysis on NA's stock here.
Is NA a healthy company?
Passed Financial Due Diligence Checks:
- There are more short-term assets than long-term liabilities on the NA balance sheet.
- NA has $275.74M in cash and short term investments. This is enough to cover its annual cash burn of $175.68M.
- There are more short-term assets than short-term liabilities on the NA balance sheet.
- NA has cash burn of 175679856. It has sufficient cash and short-term investments to cover this for at least one year.
Failed Financial Due Diligence Checks:
- NA profit margin has gone up by 0.44 percentage points in the past year, but the company is still unprofitable.
- NA has a relatively high debt to equity ratio of 1.66.
NA Technicals
NA Growth Numbers
Last year, NA revenue was $40.60M. During the last four year, NA's revenue has grown by 109.02% per year. This was faster than the Semiconductors industry average of 39.46%.
Learn more about NA's earnings and revenue performance here.
Are NA executives and large shareholders buying or selling the stock?
In the last 12 months, insiders at NA have not bought or sold any shares.
Research more about who owns NA stock here.
Can I rely on NA as an income stream?
No, Nano Labs doesn't provide an income stream by paying out dividends.
What do other traders have to say about NA?
One of the biggest 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: Place your NA trade
You have two main options:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are usually the best for newer investors. - Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
If you want to make sure you're buying or selling at an exact price, use a limit order.
Click the Open Trade button and your broker will execute the order.
If you require more help with investing in stocks on eToro, click the helpful video below:
Step 6: Get updates on your NA investment
Now that you own some NA stock, you'll want to stay up-to-date on your shares.
Make a watchlist to see the latest developments about your NA stock.
NA Feed
How to Buy Stock in Nano Labs
To reiterate, here are the 6 steps you need to take to buy Nano Labs stock right now:
- Choose where to buy Nano Labs stock
- Open a brokerage account
- Deposit funds into your investment account
- Research Nano Labs stock
- Place your NA trade
- Get updates on your NA investment
If you require a online brokerage, eToro is our recommended venue.
Get Started with eToro TodayIf you would like to get the latest news on your new investment in Nano Labs, add NA to your watchlist by clicking the button below.
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