Nano Dimension Ltd. (NASDAQ:NNDM - Get Free Report) shot up 8.1% during mid-day trading on Monday . The stock traded as high as $2.57 and last traded at $2.54. 1,115,367 shares traded hands during mid-day trading, a decline of 28% from the average session volume of 1,552,692 shares. The stock had previously closed at $2.35.
Nano Dimension Trading Up 8.5 %
The company has a market cap of $541.77 million, a price-to-earnings ratio of -11.59 and a beta of 1.79. The business has a 50-day moving average price of $2.64 and a 200 day moving average price of $2.52.
Nano Dimension (NASDAQ:NNDM - Get Free Report) last released its quarterly earnings results on Thursday, March 21st. The technology company reported ($0.01) earnings per share for the quarter. Nano Dimension had a negative net margin of 96.87% and a negative return on equity of 5.02%. The company had revenue of $14.45 million during the quarter.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently modified their holdings of the business. Vanguard Personalized Indexing Management LLC acquired a new stake in Nano Dimension during the 3rd quarter worth about $29,000. Quadrature Capital Ltd purchased a new position in Nano Dimension during the third quarter valued at approximately $56,000. Quantbot Technologies LP acquired a new position in Nano Dimension in the 3rd quarter valued at approximately $63,000. Levin Capital Strategies L.P. purchased a new stake in Nano Dimension in the 4th quarter worth approximately $120,000. Finally, Algert Global LLC acquired a new stake in shares of Nano Dimension during the 3rd quarter valued at $124,000. 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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