Nano Dimension Ltd. (NASDAQ:NNDM - Get Free Report) passed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $2.27 and traded as low as $2.17. Nano Dimension shares last traded at $2.20, with a volume of 931,930 shares changing hands.
Nano Dimension Trading Down 2.7 %
The stock has a market cap of $454.66 million, a P/E ratio of -3.55 and a beta of 1.67. The firm has a 50-day simple moving average of $2.27 and a two-hundred day simple moving average of $2.34.
Nano Dimension (NASDAQ:NNDM - Get Free Report) last released its quarterly earnings results on Tuesday, August 20th. The technology company reported ($0.20) EPS for the quarter. The business had revenue of $14.99 million for the quarter. Nano Dimension had a negative return on equity of 15.26% and a negative net margin of 266.36%.
Institutional Investors Weigh In On Nano Dimension
A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Keynote Financial Services LLC bought a new position in Nano Dimension during the 1st quarter worth $36,000. Virtu Financial LLC acquired a new stake in shares of Nano Dimension during the 1st quarter worth $42,000. Creative Planning increased its position in shares of Nano Dimension by 20.1% in the third quarter. Creative Planning now owns 43,365 shares of the technology company's stock worth $106,000 after purchasing an additional 7,264 shares during the period. Susquehanna Fundamental Investments LLC raised its stake in Nano Dimension by 15.3% in the second quarter. Susquehanna Fundamental Investments LLC now owns 261,022 shares of the technology company's stock valued at $574,000 after purchasing an additional 34,625 shares in the last quarter. Finally, California State Teachers Retirement System lifted its position in Nano Dimension by 10.7% during the first quarter. California State Teachers Retirement System now owns 234,586 shares of the technology company's stock worth $653,000 after purchasing an additional 22,580 shares during the period. 33.89% of the stock is currently owned by institutional investors and hedge funds.
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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