Nano-X Imaging Ltd. (NASDAQ:NNOX - Get Free Report) shares were up 17.5% during trading on Wednesday . The stock traded as high as $8.83 and last traded at $8.79. Approximately 1,457,927 shares traded hands during mid-day trading, a decline of 73% from the average daily volume of 5,383,432 shares. The stock had previously closed at $7.48.
Wall Street Analyst Weigh In
Several analysts have commented on NNOX shares. D. Boral Capital started coverage on Nano-X Imaging in a report on Monday, January 6th. They issued a "buy" rating and a $23.00 price objective on the stock. Cantor Fitzgerald lifted their price objective on Nano-X Imaging from $11.00 to $12.00 and gave the stock an "overweight" rating in a research report on Friday, December 6th.
Check Out Our Latest Stock Report on Nano-X Imaging
Nano-X Imaging Stock Up 13.0 %
The stock has a market cap of $487.65 million, a PE ratio of -9.93 and a beta of 1.97. The stock has a 50-day moving average of $7.07 and a 200 day moving average of $6.87.
Institutional Investors Weigh In On Nano-X Imaging
A number of institutional investors and hedge funds have recently added to or reduced their stakes in NNOX. Farther Finance Advisors LLC purchased a new stake in shares of Nano-X Imaging in the 3rd quarter valued at $25,000. Verition Fund Management LLC purchased a new stake in shares of Nano-X Imaging in the 3rd quarter valued at $88,000. Gainplan LLC purchased a new stake in shares of Nano-X Imaging in the 4th quarter valued at $92,000. Creative Planning purchased a new stake in shares of Nano-X Imaging in the 3rd quarter valued at $107,000. Finally, Intech Investment Management LLC purchased a new stake in shares of Nano-X Imaging in the 3rd quarter valued at $124,000. Hedge funds and other institutional investors own 21.49% of the company's stock.
Nano-X Imaging Company Profile
(
Get Free Report)
Nano-X Imaging Ltd. develops a commercial-grade tomographic imaging device with a digital X-ray source. The company provides teleradiology services and develops artificial intelligence applications to be used in real-world medical imaging applications. Its X-ray source is based on a digital micro-electro-mechanical systems semiconductor cathode.
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