Nano Dimension Ltd ADR (NNDM) Looks Ready for Growth Despite 6.67% Change This Year

Nano Dimension Ltd ADR (NASDAQ: NNDM) is 6.67% higher on its value in year-to-date trading and has touched a low of $2.06 and a high of $3.35 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The NNDM stock was last observed hovering at around $2.55 in the last trading session, with the day’s gains setting it 0.01%.

Currently trading at $2.56, the stock is 9.85% and 9.21% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.17 million and changing 0.39% at the moment leaves the stock -1.45% off its SMA200. NNDM registered -0.78% loss for a year compared to 6-month loss of -11.72%. The firm has a 50-day simple moving average (SMA 50) of -$4.84 and a 200-day simple moving average (SMA200) of $1.80.

#1 Small-Cap Uranium Stock for Ultra-Fast Gains in 2024

We've uncovered THE ONE small-cap uranium stock that has unearthed a near-surface, high-grade uranium discovery in the Saudi Arabia of Uranium — Canada's prolific Athabasca Basin. Best of all, this small-cap uranium stock is currently flying just below Wall Street's radar… giving you the early-entry opportunity around US$0.30 per share. But that won't last long. Drills are turning right now with results set to be released to the market very, very soon.

Learn all about it in this brand new FREE online report.
Sponsored

The stock witnessed a 14.29% gain in the last 1 month and extending the period to 3 months gives it a 3.64%, and is 3.64% up 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 4.19% over the week and 4.12% over the month.

Profit margin for the company is -521.18%. Distance from 52-week low is 24.27% and -23.58% from its 52-week high. The company has generated returns on investments over the last 12 months (-21.94%).

Nano Dimension Ltd ADR quarterly earnings per share for the current quarter are estimated at $0.

Nano Dimension Ltd ADR (NNDM) Top Institutional Holders

164 institutions hold shares in Nano Dimension Ltd ADR (NNDM), with institutional investors hold 31.18% of the company’s shares. The shares outstanding are 258.56M, and float is at 234.95M with Short Float at 6.12%. Institutions hold 30.90% of the Float.

The top institutional shareholder in the company is Anson Funds Management LP with over 16.34 million shares valued at $47.23 million. The investor’s holdings represent 7.69% of the NNDM Shares outstanding. As of Jun 29, 2023, the second largest holder is Murchinson Ltd. with 15.0 million shares valued at $43.35 million to account for 7.06% of the shares outstanding. The other top investors are Boothbay Fund Management, LLC which holds 7.5 million shares representing 3.53% and valued at over $21.68 million, while Blackrock Inc. holds 2.98% of the shares totaling 6.33 million with a market value of $18.3 million.