Free Trial
NASDAQ:NNOX

Nano-X Imaging (NNOX) Stock Price, News & Analysis

Nano-X Imaging logo
$6.61 -0.72 (-9.82%)
(As of 11/12/2024 ET)

About Nano-X Imaging Stock (NASDAQ:NNOX)

Key Stats

Today's Range
$6.42
$6.95
50-Day Range
$5.66
$7.33
52-Week Range
$5.26
$14.28
Volume
2.03 million shs
Average Volume
1.79 million shs
Market Capitalization
$381.92 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$14.00
Consensus Rating
Buy

Company Overview

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. The company's solutions include Nanox Multi Source System comprising Nanox.ARC, a medical tomographic imaging system incorporating its digital X-ray source, and Nanox. CLOUD, a platform which employs a matching engine to match medical images to radiologists that provides image repository, connectivity to diagnostic assistive AI systems, billing, and reporting. It also offers Nanox.MARKETPLACE, which connects imaging facilities with radiologists and enables radiologists to provide, as well as customers to obtain remote interpretations of imaging data; artificial intelligence (AI)-based software imaging solutions to hospitals, health maintenance organizations, integrated delivery networks, pharmaceutical companies, and insurers that are designed to identify or predict undiagnosed or underdiagnosed medical conditions through the mining of data included in images of existing computed tomography scans for osteoporosis and cardiovascular disease; Teleradiology Services, which provide imaging interpretation services for radiology practices, hospitals, medical clinics, diagnostic imaging centers, urgent care facilities; and multi-specialty physician groups, contracts, and radiology readings. The company is headquartered in Petach Tikva, Israel.

Nano-X Imaging Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
42nd Percentile Overall Score

NNOX MarketRank™: 

Nano-X Imaging scored higher than 42% of companies evaluated by MarketBeat, and ranked 219th out of 338 stocks in the business services sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Nano-X Imaging has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Nano-X Imaging has only been the subject of 1 research reports in the past 90 days.

  • Read more about Nano-X Imaging's stock forecast and price target.
  • Earnings Growth

    Earnings for Nano-X Imaging are expected to grow in the coming year, from ($0.88) to ($0.63) per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Nano-X Imaging is -6.68, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Nano-X Imaging is -6.68, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Book Value per Share Ratio

    Nano-X Imaging has a P/B Ratio of 1.86. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Read more about Nano-X Imaging's valuation and earnings.
  • Percentage of Shares Shorted

    12.55% of the outstanding shares of Nano-X Imaging have been sold short.
  • Short Interest Ratio / Days to Cover

    Nano-X Imaging has a short interest ratio ("days to cover") of 8.7.
  • Change versus previous month

    Short interest in Nano-X Imaging has recently decreased by 0.28%, indicating that investor sentiment is improving.
  • Dividend Yield

    Nano-X Imaging does not currently pay a dividend.

  • Dividend Growth

    Nano-X Imaging does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    12.55% of the outstanding shares of Nano-X Imaging have been sold short.
  • Short Interest Ratio / Days to Cover

    Nano-X Imaging has a short interest ratio ("days to cover") of 8.7.
  • Change versus previous month

    Short interest in Nano-X Imaging has recently decreased by 0.28%, indicating that investor sentiment is improving.
  • News Sentiment

    Nano-X Imaging has a news sentiment score of 0.94. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.64 average news sentiment score of Business Services companies.
  • News Coverage This Week

    MarketBeat has tracked 2 news articles for Nano-X Imaging this week, compared to 2 articles on an average week.
  • Search Interest

    Only 8 people have searched for NNOX on MarketBeat in the last 30 days. This is a decrease of -62% compared to the previous 30 days.
  • MarketBeat Follows

    10 people have added Nano-X Imaging to their MarketBeat watchlist in the last 30 days. This is an increase of 233% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Nano-X Imaging insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    Only 7.74% of the stock of Nano-X Imaging is held by insiders.

  • Percentage Held by Institutions

    Only 21.49% of the stock of Nano-X Imaging is held by institutions.

  • Read more about Nano-X Imaging's insider trading history.
Receive NNOX Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Nano-X Imaging and its competitors with MarketBeat's FREE daily newsletter.

NNOX Stock News Headlines

We recommended Nvidia in 2016, now we’re recommending this…
The AI boom is just getting started. And the real wealth has still to be made…
Nano-X Imaging Prepares for Annual Shareholder Meeting
NNOX Jan 2025 5.000 call
NNOX Jan 2025 5.000 put
Cantor Fitzgerald Keeps Their Buy Rating on Nano-X Imaging (NNOX)
See More Headlines

NNOX Stock Analysis - Frequently Asked Questions

Nano-X Imaging's stock was trading at $6.37 at the beginning of the year. Since then, NNOX shares have increased by 3.8% and is now trading at $6.61.
View the best growth stocks for 2024 here
.

Nano-X Imaging Ltd. (NASDAQ:NNOX) issued its quarterly earnings data on Tuesday, August, 20th. The company reported ($0.23) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.22) by $0.01. The business earned $2.70 million during the quarter. Nano-X Imaging had a negative trailing twelve-month return on equity of 30.34% and a negative net margin of 567.41%.

Nano-X Imaging (NNOX) raised $100 million in an initial public offering (IPO) on Friday, August 21st 2020. The company issued 5,900,000 shares at a price of $16.00-$18.00 per share. Cantor, Oppenheimer, Berenberg and CIBC Capital Markets acted as the underwriters for the IPO and National Securities Corp. was co-manager.

Nano-X Imaging's top institutional investors include ARK Investment Management LLC (0.44%), Griffin Asset Management Inc. (0.34%), Tempus Wealth Planning LLC (0.21%) and SG Americas Securities LLC (0.04%).

Shares of NNOX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Nano-X Imaging investors own include Zomedica (ZOM), Jumia Technologies (JMIA), Nano Dimension (NNDM), AST SpaceMobile (ASTS), NIO (NIO), Bakkt (BKKT) and Virgin Galactic (SPCE).

Company Calendar

Last Earnings
8/20/2024
Today
11/12/2024
Next Earnings (Confirmed)
11/21/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
X - ray apparatus & tubes
Sub-Industry
Medical Equipment
Current Symbol
NASDAQ:NNOX
Employees
190
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$14.00
High Stock Price Target
$14.00
Low Stock Price Target
$14.00
Potential Upside/Downside
+111.8%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$-60,780,000.00
Net Margins
-567.41%
Pretax Margin
-570.65%

Debt

Sales & Book Value

Annual Sales
$10.13 million
Book Value
$3.55 per share

Miscellaneous

Free Float
53,307,000
Market Cap
$381.92 million
Optionable
Optionable
Beta
2.01
7 AI Stocks to Invest In: An Introduction to AI Investing For Self-Directed Investors Cover

As the AI market heats up, investors who have a vision for artificial intelligence have the potential to see real returns. Learn about the industry as a whole as well as seven companies that are getting work done with the power of AI.

Get This Free Report

This page (NASDAQ:NNOX) was last updated on 11/13/2024 by MarketBeat.com Staff
From Our Partners