The price of Nano Dimension Ltd. (NASDAQ:NNDM) shares last traded on Wall Street fell -0.32% to $3.15.
Based on available information, 1 analysts follow Nano Dimension Ltd. (NASDAQ:NNDM). The consensus rating among analysts is ‘Buy’. As we calculate the median target price by taking the range between a high of $10.00 and a low of $10.00, we find $10.00. Given the previous closing price of $3.16, this indicates a potential upside of 216.46 percent. NNDM stock price is now 21.79% away from the 50-day moving average and 23.03% away from the 200-day moving average. The market capitalization of the company currently stands at $807.85M.
Among analysts, 0 rate the stock a hold while 1 rate it a buy. Brokers who have rated the stock have averaged $10.00 as their price target over the next twelve months.
With the price target reduced from $12 to $8, Maxim Group maintained Buy rating for Nano Dimension Ltd. (NASDAQ: NNDM).
A total of 0.88% of the company’s stock is owned by insiders.
There have been several recent changes in the stakes of large investors in NNDM stock. A new stake in Nano Dimension Ltd. shares was purchased by MMCAP INTERNATIONAL INC. SPC during the first quarter worth $1,693,000. ETF MANAGERS GROUP, LLC invested $1,140,000 in shares of NNDM during the first quarter. In the first quarter, ALPHACENTRIC ADVISORS LLC acquired a new stake in Nano Dimension Ltd. valued at approximately $788,000. FIRSTHAND CAPITAL MANAGEMENT, INC. acquired a new stake in NNDM for approximately $630,000. STEEL PEAK WEALTH MANAGEMENT LLC purchased a new stake in NNDM valued at around $589,000 in the second quarter. In total, there are 169 active investors with 23.90% ownership of the company’s stock.
A candlestick chart of Nano Dimension Ltd. (NASDAQ: NNDM) showed a price of $3.1400 on Wednesday morning. During the past 12 months, Nano Dimension Ltd. has had a low of $2.06 and a high of $3.74. As of last week, the company has a debt-to-equity ratio of 0.01, a current ratio of 30.00, and a quick ratio of 29.40. The fifty day moving average price for NNDM is $2.5994 and a two-hundred day moving average price translates $2.5641 for the stock.
The latest earnings results from Nano Dimension Ltd. (NASDAQ: NNDM) was released for Mar, 2023. The company reported revenue of $14.96 million for the quarter, compared to $10.43 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 43.48 percent.
Nano Dimension Ltd.(NNDM) Company Profile
Nano Dimension Ltd., together with its subsidiaries, provides additive electronics in Israel and internationally. The company offers 3D printers, comprising DragonFly IV that produces Hi-PEDs by depositing proprietary conductive and dielectric substances, as well as integrates in-situ capacitors, antennas, coils, transformers, and electromechanical components; digital light processing printers (DLP) that achieves production-grade polymer and composite parts; and admaflex that utilizes a patented DLP foil system that fabricates ceramic and metal parts. It also provides additive electronics robotics and control systems, which includes surface-mount-technology, an electronics assembly equipment for electronic components on Hi-PEDs and PCBs, catering to various manufacturing and volume requirements; and ink delivery systems controls electronics, software, and ink delivery systems for digital printing. In addition, the company offers software to provide engineers with the tools to bring precision and electrical parts from design-to-manufacturing, as well as sells various materials that are developed in-house. Nano Dimension Ltd. was incorporated in 1960 and is headquartered in Ness Ziona, Israel.
