Nano Dimension Ltd ADR (NASDAQ: NNDM) is -10.00% lower on its value in year-to-date trading and has touched a low of $2.04 and a high of $3.01 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 $2.10 in the last trading session, with the day’s gains setting it 0.06%.
Currently trading at $2.16, the stock is -3.96% and -4.67% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.95 million and changing 2.86% at the moment leaves the stock -11.32% off its SMA200. NNDM registered -10.74% loss for a year compared to 6-month loss of -16.60%. The firm has a 50-day simple moving average (SMA 50) of $2.2656 and a 200-day simple moving average (SMA200) of $2.436625.
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The stock witnessed a -5.26% gain in the last 1 month and extending the period to 3 months gives it a 0.93%, and is -0.92% 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 3.13% over the week and 3.38% over the month.
Nano Dimension Ltd ADR (NNDM) has around 509 employees, a market worth around $473.56M and $55.17M in sales. Profit margin for the company is -265.38%. Distance from 52-week low is 5.88% and -28.24% from its 52-week high. The company has generated returns on investments over the last 12 months (-16.68%).
The shares outstanding are 219.24M, and float is at 219.11M with Short Float at 7.04%.
The top institutional shareholder in the company is ANSON FUNDS MANAGEMENT LP with over 20.63 million shares valued at $45.39 million. The investor’s holdings represent 8.8999 of the NNDM Shares outstanding. As of 2024-06-30, the second largest holder is MURCHINSON LTD. with 15.55 million shares valued at $34.21 million to account for 6.708 of the shares outstanding. The other top investors are BOOTHBAY FUND MANAGEMENT, LLC which holds 7.78 million shares representing 3.354 and valued at over $17.11 million, while BLACKROCK INC. holds 3.0389 of the shares totaling 7.04 million with a market value of $15.5 million.
Nano Dimension Ltd ADR (NNDM) Insider Activity
Still, SEC filings show that on Oct 16 ’24, Geddes Nicholas Campbell (Officer) Proposed Sale 66,667 shares at an average price of $2.35 for $0.16 million. The insider now directly holds shares of Nano Dimension Ltd ADR (NNDM).
