Nano Dimension (NASDAQ:NNDM - Get Free Report) was upgraded by investment analysts at Wall Street Zen from a "sell" rating to a "hold" rating in a research note issued on Saturday.
Nano Dimension Price Performance
NASDAQ NNDM remained flat at $1.39 during trading hours on Friday. The company had a trading volume of 2,054,839 shares, compared to its average volume of 1,644,535. The stock has a 50-day simple moving average of $1.54 and a 200 day simple moving average of $1.98. Nano Dimension has a 1 year low of $1.34 and a 1 year high of $2.74. The firm has a market capitalization of $302.02 million, a price-to-earnings ratio of -3.47 and a beta of 1.13.
Nano Dimension (NASDAQ:NNDM - Get Free Report) last announced its quarterly earnings data on Thursday, June 12th. The technology company reported ($0.11) earnings per share for the quarter. Nano Dimension had a negative return on equity of 9.90% and a negative net margin of 144.35%. The company had revenue of $14.40 million for the quarter.
Institutional Trading of Nano Dimension
Several institutional investors have recently made changes to their positions in the stock. Insigneo Advisory Services LLC acquired a new position in Nano Dimension in the fourth quarter valued at $25,000. OneDigital Investment Advisors LLC purchased a new position in shares of Nano Dimension in the 4th quarter worth about $25,000. Tower Research Capital LLC TRC lifted its stake in shares of Nano Dimension by 717.3% in the 4th quarter. Tower Research Capital LLC TRC now owns 12,831 shares of the technology company's stock valued at $32,000 after purchasing an additional 11,261 shares in the last quarter. Raymond James Financial Inc. purchased a new stake in shares of Nano Dimension during the 4th quarter worth about $33,000. Finally, Headlands Technologies LLC grew its holdings in shares of Nano Dimension by 11,600.8% during the 4th quarter. Headlands Technologies LLC now owns 15,211 shares of the technology company's stock worth $38,000 after purchasing an additional 15,081 shares during the period. 33.89% of the stock is owned by hedge funds and other institutional investors.
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.
Featured Stories
Before you consider Nano Dimension, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Nano Dimension wasn't on the list.
While Nano Dimension currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Explore Elon Musk’s boldest ventures yet—from AI and autonomy to space colonization—and find out how investors can ride the next wave of innovation.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
