Nano Dimension Ltd ADR (NASDAQ: NNDM) is -40.73% lower on its value in year-to-date trading and has touched a low of $1.34 and a high of $2.75 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 $1.47 in the last trading session, with the day’s loss setting it 0.0%.
Currently trading at $1.47, the stock is -9.32% and -27.53% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.17 million and changing 0.00% at the moment leaves the stock -33.95% off its SMA200. NNDM registered -41.43% loss for a year compared to 6-month loss of -35.81%. The firm has a 50-day simple moving average (SMA 50) of $2.0284 and a 200-day simple moving average (SMA200) of $2.2257.
The stock witnessed a -31.63% gain in the last 1 month and extending the period to 3 months gives it a -34.96%, and is 4.26% 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 5.04% over the week and 5.38% over the month.
Profit margin for the company is -152.53%. Distance from 52-week low is 10.11% and -46.55% from its 52-week high. The company has generated returns on investments over the last 12 months (-10.11%).
169.0 institutions hold shares in Nano Dimension Ltd ADR (NNDM), with institutional investors hold 35.55% of the company’s shares. The shares outstanding are 219.24M, and float is at 219.11M with Short Float at 5.25%. Institutions hold 34.67% of the Float.
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 9.384 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 7.0728 of the shares outstanding. The other top investors are BOOTHBAY FUND MANAGEMENT, LLC which holds 7.78 million shares representing 3.5364 and valued at over $17.11 million, while BLACKROCK INC. holds 3.2042 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 Dec 17 ’24, Pinchas Tomer Itzhak (Officer) Proposed Sale 333,333 shares at an average price of $2.21 for $0.74 million. The insider now directly holds shares of Nano Dimension Ltd ADR (NNDM).
