Nano Dimension Ltd. (NASDAQ:NNDM - Get Free Report)'s share price rose 7.9% during mid-day trading on Tuesday . The company traded as high as $2.53 and last traded at $2.52. Approximately 1,522,771 shares traded hands during trading, a decline of 26% from the average daily volume of 2,053,681 shares. The stock had previously closed at $2.33.
Nano Dimension Trading Up 1.9 %
The stock has a 50 day simple moving average of $2.40 and a 200-day simple moving average of $2.29. The firm has a market capitalization of $560.88 million, a P/E ratio of -6.44 and a beta of 1.62.
Institutional Trading of Nano Dimension
Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Jane Street Group LLC grew its position in shares of Nano Dimension by 104.0% during the 3rd quarter. Jane Street Group LLC now owns 379,625 shares of the technology company's stock valued at $930,000 after acquiring an additional 193,546 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in Nano Dimension by 86.7% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 383,189 shares of the technology company's stock valued at $939,000 after purchasing an additional 177,951 shares during the period. Levin Capital Strategies L.P. purchased a new stake in Nano Dimension in the fourth quarter worth about $174,000. Public Employees Retirement System of Ohio bought a new position in shares of Nano Dimension in the third quarter worth about $158,000. Finally, Arete Wealth Advisors LLC raised its stake in shares of Nano Dimension by 6.3% in 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 during the period. 33.89% of the stock is owned by hedge funds and other institutional investors.
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.
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