Nano X Imaging Ltd (NASDAQ: NNOX) is -0.16% lower on its value in year-to-date trading and has touched a low of $5.26 and a high of $14.28 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 NNOX stock was last observed hovering at around $6.16 in the last trading session, with the day’s gains setting it 0.2%.
Currently trading at $6.36, the stock is 5.14% and 5.12% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.46 million and changing 3.25% at the moment leaves the stock -19.59% off its SMA200. NNOX registered 0.79% gain for a year compared to 6-month loss of -24.56%. The firm has a 50-day simple moving average (SMA 50) of $6.0501 and a 200-day simple moving average (SMA200) of $7.90985.
The stock witnessed a 10.99% gain in the last 1 month and extending the period to 3 months gives it a -9.01%, and is 8.72% 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 8.63% over the week and 6.79% over the month.
Nano X Imaging Ltd (NNOX) has around 164 employees, a market worth around $384.14M and $10.68M in sales. Profit margin for the company is -465.38%. Distance from 52-week low is 20.91% and -55.46% from its 52-week high. The company has generated returns on investments over the last 12 months (-29.66%).
with sales reaching $3.1M over the same period.The EPS is expected to grow by 18.25% this year, but quarterly earnings will post 14.92% year-over-year. Quarterly sales are estimated to grow 29.33% in year-over-year returns.
Nano X Imaging Ltd (NNOX) Top Institutional Holders
The shares outstanding are 57.78M, and float is at 53.02M with Short Float at 13.67%.
The top institutional shareholder in the company is BLACKROCK INC. with over 3.01 million shares valued at $22.13 million. The investor’s holdings represent 5.2067% of the NNOX Shares outstanding. As of 2024-06-30, the second largest holder is STATE STREET CORP with 0.96 million shares valued at $7.07 million to account for 1.6632 of the shares outstanding. The other top investors are GOLDMAN SACHS GROUP INC which holds 0.86 million shares representing 1.4921% and valued at over $6.34 million, while GEODE CAPITAL MANAGEMENT, LLC holds 1.1456 of the shares totaling 0.66 million with a market value of $4.87 million.
Nano X Imaging Ltd (NNOX) Insider Activity
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