Nano Dimension Ltd. (NASDAQ:NNDM - Get Free Report) saw unusually-high trading volume on Thursday . Approximately 924,638 shares changed hands during trading, a decline of 33% from the previous session's volume of 1,374,726 shares.The stock last traded at $2.69 and had previously closed at $2.52.
Nano Dimension Trading Up 6.3 %
The company's 50 day moving average price is $2.27 and its 200 day moving average price is $2.27. The company has a market cap of $569.38 million, a price-to-earnings ratio of -6.54 and a beta of 1.68.
Institutional Investors Weigh In On Nano Dimension
Institutional investors have recently added to or reduced their stakes in the business. JPMorgan Chase & Co. boosted its stake in shares of Nano Dimension by 5.6% in the third quarter. JPMorgan Chase & Co. now owns 103,330 shares of the technology company's stock valued at $253,000 after buying an additional 5,437 shares in the last quarter. Tidal Investments LLC boosted its position in shares of Nano Dimension by 4.6% during the 3rd quarter. Tidal Investments LLC now owns 215,784 shares of the technology company's stock worth $529,000 after purchasing an additional 9,538 shares in the last quarter. Barclays PLC grew its stake in shares of Nano Dimension by 3,479.1% during the 3rd quarter. Barclays PLC now owns 40,301 shares of the technology company's stock worth $99,000 after purchasing an additional 39,175 shares during the period. Arete Wealth Advisors LLC boosted its holdings in Nano Dimension by 6.3% during the third quarter. Arete Wealth Advisors LLC now owns 882,534 shares of the technology company's stock worth $2,158,000 after buying an additional 52,189 shares in the last quarter. Finally, Public Employees Retirement System of Ohio purchased a new position in Nano Dimension in the 3rd quarter valued at approximately $158,000. Hedge funds and other institutional investors own 33.89% of the company's stock.
About Nano Dimension
(
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 Articles
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
Looking to generate income with your stock portfolio? Use these ten stocks to generate a safe and reliable source of investment income.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
