Best Nanotechnology Stocks Worth Watching - July 12th

Onto Innovation, OSI Systems, NVE, Nano Dimension, and Clene are the five Nanotechnology stocks to watch today, according to MarketBeat's stock screener tool. Nanotechnology stocks are shares of publicly traded companies whose primary business involves the research, development, manufacture or commercialization of technologies and materials at the nanometer scale. Investors in these stocks seek exposure to firms working on nanoscale devices, materials or processes—such as advanced coatings, drug delivery systems or nanoelectronics—with the goal of benefiting from breakthroughs in efficiency, performance or medical applications. Like any sector-specific equity, nanotechnology stocks carry both the growth potential of cutting-edge innovation and the risks associated with early-stage technologies. These companies had the highest dollar trading volume of any Nanotechnology stocks within the last several days.

Onto Innovation (ONTO)

Onto Innovation Inc. engages in the design, development, manufacture, and support of process control tools that performs optical metrology. The company offers lithography systems and process control analytical software. It also offers process and yield management solutions, and device packaging and test facilities through standalone systems for optical metrology, macro-defect inspection, packaging lithography, and transparent and opaque thin film measurements.

Shares of NYSE:ONTO traded down $1.02 during trading on Friday, hitting $101.85. 665,065 shares of the company's stock traded hands, compared to its average volume of 980,823. Onto Innovation has a 52 week low of $85.88 and a 52 week high of $238.93. The company has a market cap of $4.97 billion, a price-to-earnings ratio of 23.04, a price-to-earnings-growth ratio of 0.67 and a beta of 1.45. The company has a 50-day moving average price of $99.76 and a 200-day moving average price of $136.43.

Read Our Latest Research Report on ONTO

OSI Systems (OSIS)

OSI Systems, Inc. designs and manufactures electronic systems and components. It operates in three segments: Security, Healthcare, and Optoelectronics and Manufacturing. The Security segment offers baggage and parcel inspection, cargo and vehicle inspection, hold baggage and people screening, radiation monitoring, explosive and narcotics trace detection systems, and optical inspection systems under the Rapiscan name.

NASDAQ OSIS traded down $17.23 during trading on Friday, hitting $212.75. The stock had a trading volume of 289,691 shares, compared to its average volume of 209,781. The company has a market capitalization of $3.57 billion, a PE ratio of 25.88, a P/E/G ratio of 1.95 and a beta of 1.27. The company's 50-day moving average price is $224.77 and its two-hundred day moving average price is $201.78. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.38 and a current ratio of 2.11. OSI Systems has a 12 month low of $129.18 and a 12 month high of $241.64.

Read Our Latest Research Report on OSIS

NVE (NVEC)

NVE Corporation develops and sells devices that use spintronics, a nanotechnology that relies on electron spin to acquire, store, and transmit information in the United States and internationally. The company manufactures spintronic products, including sensors and couplers for use in acquiring and transmitting data.

NASDAQ NVEC traded down $0.87 during trading on Friday, hitting $75.63. The stock had a trading volume of 112,166 shares, compared to its average volume of 32,175. The company has a market capitalization of $366.05 million, a PE ratio of 24.32 and a beta of 1.15. The company's 50-day moving average price is $71.63 and its two-hundred day moving average price is $69.92. NVE has a 12 month low of $51.50 and a 12 month high of $89.98.

Read Our Latest Research Report on NVEC

Nano Dimension (NNDM)

Nano Dimension Ltd., together with its subsidiaries, engages in additive manufacturing solutions in Israel and internationally. The company offers 3D printers, comprising AME systems, which are inkjet printers, that produces Hi-PEDs by depositing proprietary conductive and dielectric substances, as well as integrates in-situ capacitors, antennas, coils, transformers, and electromechanical components; micro additive manufacturing systems, a digital light processing printers (DLP) that achieves production-grade polymer and composite parts; and industrial additive manufacturing systems, that utilizes a patented foil system that fabricates ceramic and metal parts.

NASDAQ NNDM traded up $0.01 during trading on Friday, hitting $1.58. The stock had a trading volume of 4,252,339 shares, compared to its average volume of 1,662,272. The company has a market capitalization of $343.30 million, a PE ratio of -3.95 and a beta of 1.13. The company's 50-day moving average price is $1.54 and its two-hundred day moving average price is $1.89. Nano Dimension has a 12 month low of $1.34 and a 12 month high of $2.74.

Read Our Latest Research Report on NNDM

Clene (CLNN)

Clene Inc., a clinical-stage pharmaceutical company, focuses on the discovery, development, and commercialization of novel clean-surfaced nanotechnology (CSN) therapeutics. Its lead drug candidate is CNM-Au8, which is being studied in various clinical trials, including a completed Phase 2 platform trial to evaluate the safety and efficacy of CNM-Au8 in patients with amyotrophic lateral sclerosis (ALS); completed Phase 2 proof of concept clinical trial in patients with early symptomatic ALS; completed two open-label investigator blinded Phase 2 clinical trials on the brain's energy metabolites; completed Phase 2 clinical trial for the treatment of visual pathway deficits in chronic optic neuropathy for remyelination in stable relapsing Multiple Sclerosis; and a second Phase 2 clinical trial for the treatment of patients with Parkinson's Diseases.

NASDAQ CLNN traded down $0.17 during trading on Friday, hitting $3.59. The stock had a trading volume of 75,050 shares, compared to its average volume of 89,461. The company has a market capitalization of $29.69 million, a PE ratio of -0.89 and a beta of 0.55. The company's 50-day moving average price is $3.50 and its two-hundred day moving average price is $3.93. Clene has a 12 month low of $2.28 and a 12 month high of $6.96.

Read Our Latest Research Report on CLNN

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