Shares of Nano Dimension Ltd. (NASDAQ:NNDM - Get Free Report) traded up 10% during trading on Tuesday . The company traded as high as $2.47 and last traded at $2.48. 956,386 shares changed hands during trading, a decline of 54% from the average session volume of 2,092,602 shares. The stock had previously closed at $2.25.
Nano Dimension Price Performance
The company's 50-day simple moving average is $2.37 and its two-hundred day simple moving average is $2.29. The firm has a market capitalization of $496.09 million, a P/E ratio of -5.70 and a beta of 1.62.
Hedge Funds Weigh In On Nano Dimension
Several institutional investors and hedge funds have recently bought and sold shares of the stock. JPMorgan Chase & Co. raised 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 worth $253,000 after buying an additional 5,437 shares during the period. Creative Planning raised its stake in Nano Dimension by 20.1% during the 3rd quarter. Creative Planning now owns 43,365 shares of the technology company's stock worth $106,000 after acquiring an additional 7,264 shares during the period. Tidal Investments LLC raised its stake in 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 acquiring an additional 9,538 shares during the period. Orion Portfolio Solutions LLC purchased a new position in Nano Dimension during the third quarter valued at approximately $25,000. Finally, GAMMA Investing LLC boosted its position in shares of Nano Dimension by 192.5% in the fourth quarter. GAMMA Investing LLC now owns 15,941 shares of the technology company's stock worth $40,000 after purchasing an additional 10,492 shares during the period. 33.89% of the stock is currently 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.
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