Nano X Imaging Ltd (NASDAQ: NNOX) is -27.22% 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 $5.49 in the last trading session, with the day’s loss setting it -0.25%.
Currently trading at $5.24, the stock is -0.52% and 0.95% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.26 million and changing -4.55% at the moment leaves the stock -17.27% off its SMA200. NNOX registered -46.53% loss for a year compared to 6-month loss of -10.43%. The firm has a 50-day simple moving average (SMA 50) of $5.1907 and a 200-day simple moving average (SMA200) of $6.33415.
The stock witnessed a 5.22% gain in the last 1 month and extending the period to 3 months gives it a -18.13%, and is -6.60% 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 4.86% over the week and 4.66% over the month.
Nano X Imaging Ltd (NNOX) has around 165 employees, a market worth around $334.11M and $11.28M in sales. Profit margin for the company is -474.31%. Distance from 52-week low is 39.73% and -52.36% from its 52-week high. The company has generated returns on investments over the last 12 months (-27.76%).
with sales reaching $3.98M over the same period.The EPS is expected to grow by 19.11% this year, but quarterly earnings will post 101.71% year-over-year. Quarterly sales are estimated to grow 55.77% in year-over-year returns.
178.0 institutions hold shares in Nano X Imaging Ltd (NNOX), with institutional investors hold 24.72% of the company’s shares. The shares outstanding are 63.76M, and float is at 57.85M with Short Float at 12.86%. 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.
