Nano Dimension Ltd ADR (NASDAQ: NNDM) is -43.95% 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 $1.40 in the last trading session, with the day’s loss setting it -0.01%.
Currently trading at $1.39, the stock is -8.73% and -9.66% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.11 million and changing -0.71% at the moment leaves the stock -32.89% off its SMA200. NNDM registered -39.83% loss for a year compared to 6-month loss of -38.77%.
The stock witnessed a -11.46% gain in the last 1 month and extending the period to 3 months gives it a -35.05%, and is -9.15% 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 3.48% over the week and 2.40% over the month.
Nano Dimension Ltd ADR (NNDM) has around 553 employees, a market worth around $302.02M and $58.84M in sales. Profit margin for the company is -143.96%. Distance from 52-week low is 4.12% and -49.27% from its 52-week high. The company has generated returns on investments over the last 12 months (-10.10%).
The shares outstanding are 217.28M, and float is at 215.94M with Short Float at 4.75%.
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).
