Nano Dimension Ltd ADR (NASDAQ: NNDM) is -35.08% lower on its value in year-to-date trading and has touched a low of $1.34 and a high of $2.74 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 $1.60 in the last trading session, with the day’s gains setting it 0.01%.
Currently trading at $1.61, the stock is 0.44% and -3.37% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.27 million and changing 0.62% at the moment leaves the stock -24.49% off its SMA200. NNDM registered -40.59% loss for a year compared to 6-month loss of -22.97%. The firm has a 50-day simple moving average (SMA 50) of $1.6662 and a 200-day simple moving average (SMA200) of $2.1322.
The stock witnessed a 11.03% gain in the last 1 month and extending the period to 3 months gives it a -30.30%, and is 2.55% 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 3.13% over the week and 4.09% over the month.
Nano Dimension Ltd ADR (NNDM) has around 553 employees, a market worth around $347.41M and $58.03M in sales. Profit margin for the company is -165.80%. Distance from 52-week low is 20.60% and -41.24% from its 52-week high. The company has generated returns on investments over the last 12 months (-11.13%).
156.0 institutions hold shares in Nano Dimension Ltd ADR (NNDM), with institutional investors hold 35.53% of the company’s shares. The shares outstanding are 215.78M, and float is at 214.44M with Short Float at 5.15%. Institutions hold 34.63% 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 30 ’24, NEDIVI ZIVI R (President) Proposed Sale 71,429 shares at an average price of $2.57 for $0.18 million. The insider now directly holds shares of Nano Dimension Ltd ADR (NNDM).
