Nano Dimension Ltd. (NASDAQ:NNDM - Get Free Report)'s stock price was down 0.6% during mid-day trading on Friday . The company traded as low as $1.53 and last traded at $1.53. Approximately 3,232,768 shares traded hands during trading, an increase of 87% from the average daily volume of 1,725,465 shares. The stock had previously closed at $1.54.
Analyst Ratings Changes
Separately, Wall Street Zen upgraded Nano Dimension from a "sell" rating to a "hold" rating in a research note on Saturday, June 21st.
Check Out Our Latest Stock Analysis on NNDM
Nano Dimension Stock Down 0.6%
The firm's fifty day moving average price is $1.54 and its 200 day moving average price is $1.85. The stock has a market cap of $332.44 million, a PE ratio of -3.82 and a beta of 1.13.
Nano Dimension (NASDAQ:NNDM - Get Free Report) last issued its quarterly earnings data on Thursday, June 12th. The technology company reported ($0.11) earnings per share (EPS) for the quarter. The firm had revenue of $14.40 million for the quarter. Nano Dimension had a negative return on equity of 9.90% and a negative net margin of 144.35%.
Institutional Trading of Nano Dimension
Hedge funds and other institutional investors have recently bought and sold shares of the business. GAMMA Investing LLC grew its holdings in Nano Dimension by 115.7% during the 2nd quarter. GAMMA Investing LLC now owns 20,336 shares of the technology company's stock worth $33,000 after acquiring an additional 10,906 shares in the last quarter. Rhumbline Advisers grew its holdings in shares of Nano Dimension by 87.1% during the first quarter. Rhumbline Advisers now owns 40,587 shares of the technology company's stock valued at $65,000 after buying an additional 18,889 shares during the last quarter. Clearline Capital LP increased its holdings in shares of Nano Dimension by 3.9% in the first quarter. Clearline Capital LP now owns 4,170,385 shares of the technology company's stock valued at $6,631,000 after purchasing an additional 157,136 shares during the period. Cubist Systematic Strategies LLC purchased a new position in Nano Dimension during the 1st quarter worth approximately $130,000. Finally, Immersion Corp acquired a new position in Nano Dimension during the first quarter valued at $2,159,000. Hedge funds and other institutional investors own 33.89% of the company's stock.
Nano Dimension Company Profile
(
Get Free Report)
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.
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