These Numbers Show Favorable Signs for Nano Dimension Ltd ADR (NNDM)

Nano Dimension Ltd ADR (NASDAQ: NNDM) is 4.35% higher on its value in year-to-date trading and has touched a low of $2.16 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 $2.40 in the last trading session, with the day’s loss setting it 0.0%.

Currently trading at $2.40, the stock is 1.67% and -3.65% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.44 million and changing 0.00% at the moment leaves the stock -9.03% off its SMA200. NNDM registered 0.00% loss for a year compared to 6-month gain of 5.26%. The firm has a 50-day simple moving average (SMA 50) of -$5.54 and a 200-day simple moving average (SMA200) of $2.06.

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The stock witnessed a -0.83% loss in the last 1 month and extending the period to 3 months gives it a -7.69%, and is 0.42% 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 3.86% over the week and 4.09% over the month.

Nano Dimension Ltd ADR (NNDM) has around 553 employees, a market worth around $583.73M and $43.41M in sales. Profit margin for the company is -521.18%. Distance from 52-week low is 11.11% and -28.36% from its 52-week high. The company has generated returns on investments over the last 12 months (-21.94%).

Nano Dimension Ltd ADR (NNDM) Analyst Forecasts

Analyst recommendations provided by FactSet shows that the consensus forecast for Nano Dimension Ltd ADR (NNDM) is a “Buy”. 1 analysts offering their recommendations for the stock have an average rating of 1.00, 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 ADR is expected to release its quarterly report on 03/14/2024.

Nano Dimension Ltd ADR (NNDM) Top Institutional Holders

The shares outstanding are 258.56M, and float is at 243.06M with Short Float at 6.05%.