Nano Dimension Ltd. (NASDAQ: NNDM) is -36.58% lower on its value in year-to-date trading and has touched a low of $2.17 and a high of $5.26 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The NNDM stock was last observed hovering at around $2.41 in the last trading session, with the day’s loss setting it 0.0% off its average median price target of $10.00 for the next 12 months. It is also 75.9% off the consensus price target high of $10.00 offered by 1 analysts, but current levels are 75.9% higher than the price target low of $10.00 for the same period.
Currently trading at $2.41, the stock is -5.97% and -2.89% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.61 million and changing 0.00% at the moment leaves the stock -20.26% off its SMA200. NNDM registered -47.84% loss for a year compared to 6-month loss of -11.72%.
The stock witnessed a -5.12% gain in the last 1 month and extending the period to 3 months gives it a -24.92%, and is -5.86% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.00% over the week and 4.98% over the month.
Nano Dimension Ltd. (NNDM) has around 345 employees, a market worth around $632.77M and $30.40M in sales. Distance from 52-week low is 11.06% and -54.18% from its 52-week high. The company has generated returns on investments over the last 12 months (-16.20%).
Nano Dimension Ltd. (NNDM) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Nano Dimension Ltd. (NNDM) is a “Buy”. 1 analysts offering their recommendations for the stock have an average rating of 2.00, where 0 rate it as a Hold and 0 think it is a “Overweight”. 1 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
Nano Dimension Ltd. is expected to release its quarterly report on 03/16/2023.The EPS is expected to grow by 28.10% this year
Nano Dimension Ltd. (NNDM) Top Institutional Holders
The shares outstanding are 257.41M, and float is at 255.29M with Short Float at 7.13%.