Shares of Nano Dimension Ltd. (NASDAQ:NNDM - Get Free Report) crossed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $2.35 and traded as low as $2.17. Nano Dimension shares last traded at $2.21, with a volume of 941,785 shares.
Nano Dimension Stock Performance
The company has a market cap of $456.78 million, a P/E ratio of -5.24 and a beta of 1.45. The firm has a 50 day moving average price of $2.33 and a two-hundred day moving average price of $2.30.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently made changes to their positions in the company. JPMorgan Chase & Co. grew its stake in shares of Nano Dimension by 5.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 103,330 shares of the technology company's stock worth $253,000 after acquiring an additional 5,437 shares during the period. Barclays PLC boosted its stake in Nano Dimension by 3,479.1% in 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. Blue Trust Inc. boosted its stake in Nano Dimension by 188.6% in the 4th quarter. Blue Trust Inc. now owns 18,862 shares of the technology company's stock worth $47,000 after purchasing an additional 12,326 shares during the period. State Street Corp boosted its stake in Nano Dimension by 0.5% in the 3rd quarter. State Street Corp now owns 2,081,161 shares of the technology company's stock worth $5,099,000 after purchasing an additional 10,950 shares during the period. Finally, Connor Clark & Lunn Investment Management Ltd. boosted its stake in Nano Dimension by 83.5% in the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 34,031 shares of the technology company's stock worth $83,000 after purchasing an additional 15,485 shares during the period. Institutional investors own 33.89% of the company's stock.
Nano Dimension Company Profile
(
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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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