The stock of Nano-X Imaging Ltd. (NASDAQ:NNOX) last traded at $17.98, down -5.07% from the previous session.
NNOX stock price is now 83.10% away from the 50-day moving average and 73.23% away from the 200-day moving average. The market capitalization of the company currently stands at $969.48M.
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A total of 14.01% of the company’s stock is owned by insiders.
There have been several recent changes in the stakes of large investors in NNOX stock. A new stake in Nano-X Imaging Ltd. shares was purchased by VK SERVICES, LLC during the first quarter worth $7,675,000. GMT CAPITAL CORP invested $1,705,000 in shares of NNOX during the first quarter. In the first quarter, ETF MANAGERS GROUP, LLC acquired a new stake in Nano-X Imaging Ltd. valued at approximately $1,317,000. MARSHALL WACE, LLP acquired a new stake in NNOX for approximately $909,000. ALPHACENTRIC ADVISORS LLC purchased a new stake in NNOX valued at around $629,000 in the second quarter. In total, there are 138 active investors with 17.70% ownership of the company’s stock.
With an opening price of $19.01 on Thursday morning, Nano-X Imaging Ltd. (NASDAQ: NNOX) set off the trading day. During the past 12 months, Nano-X Imaging Ltd. has had a low of $5.31 and a high of $21.50. As of last week, the company has a debt-to-equity ratio of 0.02, a current ratio of 3.30, and a quick ratio of 3.30. The fifty day moving average price for NNOX is $10.04 and a two-hundred day moving average price translates $10.40 for the stock.
The latest earnings results from Nano-X Imaging Ltd. (NASDAQ: NNOX) was released for Mar, 2023. According to the Medical Devices Company, earnings per share came in at -$0.21, beating analysts’ expectations of -$0.34 by 0.13. This compares to -$0.42 EPS in the same period last year. The company reported revenue of $2.45 million for the quarter, compared to $1.81 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 35.34 percent. For the current quarter, analysts expect NNOX to generate $3.61M in revenue.
Nano-X Imaging Ltd.(NNOX) Company Profile
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 was incorporated in 2018 and is based in Neve Ilan, Israel.
