Nano Dimension Ltd ADR (NASDAQ: NNDM) is -33.41% 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 $1.52 in the last trading session, with the day’s loss setting it 0.0%.
Currently trading at $1.52, the stock is -1.63% and -0.70% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.38 million and changing 0.33% at the moment leaves the stock -23.40% off its SMA200. NNDM registered -38.51% loss for a year compared to 6-month loss of -33.70%. The firm has a 50-day simple moving average (SMA 50) of $1.5357 and a 200-day simple moving average (SMA200) of $1.990975.
The stock witnessed a 7.39% gain in the last 1 month and extending the period to 3 months gives it a 5.17%, and is 1.67% 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 3.95% over the week and 4.51% over the month.
Nano Dimension Ltd ADR (NNDM) has around 553 employees, a market worth around $331.35M and $58.84M in sales. Profit margin for the company is -143.96%. Distance from 52-week low is 14.23% and -44.34% from its 52-week high. The company has generated returns on investments over the last 12 months (-10.10%).
163.0 institutions hold shares in Nano Dimension Ltd ADR (NNDM), with institutional investors hold 29.92% of the company’s shares. The shares outstanding are 217.28M, and float is at 215.94M with Short Float at 4.66%. Institutions hold 29.88% 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.
