Nano Dimension Ltd. (NASDAQ:NNDM - Get Free Report) shares saw unusually-high trading volume on Friday . Approximately 645,235 shares changed hands during trading, a decline of 55% from the previous session's volume of 1,426,159 shares.The stock last traded at $2.43 and had previously closed at $2.29.
Nano Dimension Stock Performance
The business has a fifty day simple moving average of $2.42 and a 200 day simple moving average of $2.52. The stock has a market capitalization of $522.65 million, a price-to-earnings ratio of -5.35 and a beta of 1.70.
Nano Dimension (NASDAQ:NNDM - Get Free Report) last posted its earnings results on Monday, June 3rd. The technology company reported ($0.15) EPS for the quarter. The firm had revenue of $13.36 million during the quarter. Nano Dimension had a negative net margin of 203.87% and a negative return on equity of 10.84%.
Institutional Investors Weigh In On Nano Dimension
Several large investors have recently added to or reduced their stakes in the business. Keynote Financial Services LLC acquired a new stake in Nano Dimension during the first quarter worth approximately $36,000. Virtu Financial LLC acquired a new stake in Nano Dimension during the first quarter worth approximately $42,000. Zurcher Kantonalbank Zurich Cantonalbank grew its stake in Nano Dimension by 22.7% during the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 84,734 shares of the technology company's stock worth $203,000 after purchasing an additional 15,700 shares during the period. Swiss National Bank grew its stake in Nano Dimension by 5.1% during the first quarter. Swiss National Bank now owns 455,500 shares of the technology company's stock worth $1,269,000 after purchasing an additional 22,200 shares during the period. Finally, California State Teachers Retirement System grew its stake 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. Institutional investors and hedge funds own 33.89% of the company's stock.
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.
Read More
Before you consider Nano Dimension, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Nano Dimension wasn't on the list.
While Nano Dimension currently has a "hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Click the link below and we'll send you MarketBeat's guide to investing in electric vehicle technologies (EV) and which EV stocks show the most promise.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
