Nano X Imaging Ltd (NASDAQ: NNOX) is -28.75% lower on its value in year-to-date trading and has touched a low of $3.75 and a high of $11.00 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 $5.24 in the last trading session, with the day’s loss setting it -0.11%.
Currently trading at $5.13, the stock is -3.70% and 1.21% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.2 million and changing -2.10% at the moment leaves the stock -17.81% off its SMA200. NNOX registered -36.74% loss for a year compared to 6-month loss of -21.32%. The firm has a 50-day simple moving average (SMA 50) of $5.0685 and a 200-day simple moving average (SMA200) of $6.24165.
The stock witnessed a 4.06% gain in the last 1 month and extending the period to 3 months gives it a -16.18%, and is -2.29% 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 2.09% over the week and 2.71% over the month.
Nano X Imaging Ltd (NNOX) has around 165 employees, a market worth around $327.10M and $11.55M in sales. Profit margin for the company is -472.19%. Distance from 52-week low is 36.80% and -53.36% from its 52-week high. The company has generated returns on investments over the last 12 months (-30.17%).
with sales reaching $3.2M over the same period.The EPS is expected to grow by 13.52% this year, but quarterly earnings will post 21.32% year-over-year. Quarterly sales are estimated to grow 18.57% in year-over-year returns.
179.0 institutions hold shares in Nano X Imaging Ltd (NNOX), with institutional investors hold 24.71% of the company’s shares. The shares outstanding are 63.82M, and float is at 63.43M with Short Float at 11.11%. Institutions hold 24.66% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 3.01 million shares valued at $$22.13 million. The investor’s holdings represent 5.1973 of the NNOX Shares outstanding. As of 2024-06-30, the second largest holder is STATE STREET CORP with 0.96 million shares valued at $$7.07 million to account for 1.6602 of the shares outstanding. The other top investors are GOLDMAN SACHS GROUP INC which holds 0.86 million shares representing 1.4895 and valued at over $$6.34 million, while GEODE CAPITAL MANAGEMENT, LLC holds 1.1435 of the shares totaling 0.66 million with a market value of $$4.87 million.
