Nano Dimension Ltd. (NASDAQ:NNDM - Get Free Report) shares crossed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $2.33 and traded as low as $2.27. Nano Dimension shares last traded at $2.30, with a volume of 1,835,608 shares.
Nano Dimension Trading Up 1.7 %
The company's 50-day moving average price is $2.33 and its two-hundred day moving average price is $2.29. The company has a market cap of $497.16 million, a P/E ratio of -5.71 and a beta of 1.65.
Institutional Investors Weigh In On Nano Dimension
Institutional investors have recently modified their holdings of the business. Orion Portfolio Solutions LLC bought a new stake in shares of Nano Dimension during the 3rd quarter valued at about $25,000. GAMMA Investing LLC grew its position in shares of Nano Dimension by 192.5% during the 4th quarter. GAMMA Investing LLC now owns 15,941 shares of the technology company's stock valued at $40,000 after buying an additional 10,492 shares during the last quarter. Point72 Asset Management L.P. bought a new stake in shares of Nano Dimension during the 3rd quarter valued at about $41,000. Kingswood Wealth Advisors LLC bought a new stake in shares of Nano Dimension during the 4th quarter valued at about $50,000. Finally, Connor Clark & Lunn Investment Management Ltd. grew its position in shares of Nano Dimension by 83.5% during the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 34,031 shares of the technology company's stock valued at $83,000 after buying an additional 15,485 shares during the last quarter. Institutional investors own 33.89% of the company's stock.
About Nano Dimension
(
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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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