Nano Dimension Ltd ADR (NASDAQ: NNDM) is 17.92% 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 $2.75 in the last trading session, with the day’s gains setting it 0.08%.
Currently trading at $2.83, the stock is 0.02% and 10.07% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.78 million and changing 2.91% at the moment leaves the stock 7.25% off its SMA200. NNDM registered 10.12% gain for a year compared to 6-month gain of 11.86%. The firm has a 50-day simple moving average (SMA 50) of -$3.66 and a 200-day simple moving average (SMA200) of $1.36.
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The stock witnessed a 5.20% loss in the last 1 month and extending the period to 3 months gives it a 16.46%, and is -4.07% 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 4.60% over the week and 4.29% over the month.
Nano Dimension Ltd ADR (NNDM) has around 553 employees, a market worth around $665.36M and $43.41M in sales. Profit margin for the company is -521.18%. Distance from 52-week low is 37.37% and -15.52% 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.
165 institutions hold shares in Nano Dimension Ltd ADR (NNDM), with institutional investors hold 29.43% of the company’s shares. The shares outstanding are 258.56M, and float is at 234.96M with Short Float at 6.95%. Institutions hold 29.17% 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.
