Nano X Imaging Ltd (NASDAQ: NNOX) is -11.25% lower on its value in year-to-date trading and has touched a low of $5.27 and a high of $12.28 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 $6.03 in the last trading session, with the day’s gains setting it 0.36%.
Currently trading at $6.39, the stock is -3.35% and -13.68% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.76 million and changing 5.97% at the moment leaves the stock -9.74% off its SMA200. NNOX registered -42.54% loss for a year compared to 6-month gain of 0.31%.
The stock witnessed a -9.75% loss in the last 1 month and extending the period to 3 months gives it a -1.08%, and is -0.16% 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 9.21% over the week and 7.20% over the month.
Nano X Imaging Ltd (NNOX) has around 164 employees, a market worth around $373.82M and $10.68M in sales. Profit margin for the company is -465.38%. Distance from 52-week low is 21.25% and -47.99% from its 52-week high. The company has generated returns on investments over the last 12 months (-29.66%).
with sales reaching $3.8M over the same period.The EPS is expected to grow by 17.90% this year, but quarterly earnings will post 20.06% year-over-year. Quarterly sales are estimated to grow 58.53% in year-over-year returns.
The shares outstanding are 58.52M, and float is at 53.08M with Short Float at 14.86%.
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): Who are the competitors?
One of the company’s main competitors (and peers) include GE Aerospace (GE) that is trading 59.19% up over the past 12 months.Sienna Resources Inc. (SIE) lies in the list of competitors of the Nano X Imaging Ltd and is 14.29% higher over the same period from NNOX
