Nano Dimension (NASDAQ:NNDM - Get Free Report) was upgraded by Wall Street Zen from a "sell" rating to a "hold" rating in a research note issued to investors on Sunday.
Nano Dimension Stock Performance
NNDM stock traded down $0.03 during midday trading on Friday, hitting $1.52. 595,293 shares of the company's stock were exchanged, compared to its average volume of 1,611,366. The stock's fifty day moving average price is $1.54 and its 200-day moving average price is $2.04. Nano Dimension has a one year low of $1.34 and a one year high of $2.74. The company has a market cap of $330.27 million, a PE ratio of -3.71 and a beta of 1.73.
Nano Dimension (NASDAQ:NNDM - Get Free Report) last announced its earnings results on Wednesday, April 30th. The technology company reported ($0.04) earnings per share for the quarter. The company had revenue of $14.57 million during the quarter. Nano Dimension had a negative return on equity of 9.57% and a negative net margin of 152.86%.
Institutional Investors Weigh In On Nano Dimension
Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Kingswood Wealth Advisors LLC acquired a new stake in shares of Nano Dimension in the fourth quarter valued at about $50,000. Kingsview Wealth Management LLC increased its position in shares of Nano Dimension by 67.8% in the fourth quarter. Kingsview Wealth Management LLC now owns 37,567 shares of the technology company's stock worth $93,000 after purchasing an additional 15,174 shares during the period. Blue Trust Inc. raised its position in Nano Dimension by 188.6% during the fourth quarter. Blue Trust Inc. now owns 18,862 shares of the technology company's stock valued at $47,000 after purchasing an additional 12,326 shares in the last quarter. Levin Capital Strategies L.P. bought a new position in Nano Dimension in the fourth quarter valued at about $174,000. Finally, Raymond James Financial Inc. acquired a new position in Nano Dimension during the 4th quarter worth approximately $33,000. 33.89% of the stock is owned by institutional investors.
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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