Nano Dimension Ltd ADR (NASDAQ: NNDM) is 7.08% higher 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 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 $2.21 in the last trading session, with the day’s gains setting it 0.36%.
Currently trading at $2.57, the stock is 13.79% and 14.00% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 5.58 million and changing 16.29% at the moment leaves the stock 7.60% off its SMA200. NNDM registered 7.53% gain for a year compared to 6-month loss of 14.22%. The firm has a 50-day simple moving average (SMA 50) of $2.251 and a 200-day simple moving average (SMA200) of $2.389775.
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The stock witnessed a 22.97% gain in the last 1 month and extending the period to 3 months gives it a 16.82%, and is 5.33% 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 5.81% over the week and 5.49% over the month.
Nano Dimension Ltd ADR (NNDM) has around 509 employees, a market worth around $563.45M and $57.95M in sales. Profit margin for the company is -152.53%. Distance from 52-week low is 25.98% and -14.62% from its 52-week high. The company has generated returns on investments over the last 12 months (-10.11%).
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Nano Dimension Ltd ADR (NNDM) Top Institutional Holders
The shares outstanding are 219.24M, and float is at 219.11M with Short Float at 6.48%.
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
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Still, SEC filings show that on Nov 08 ’24, NEDIVI ZIVI R (Officer) Proposed Sale 450,000 shares at an average price of $2.20 for $0.99 million. The insider now directly holds shares of Nano Dimension Ltd ADR (NNDM).
