Nano Dimension Ltd. (NASDAQ:NNDM) saw a downside of -0.89% to close Monday at $5.59 after subtracting -$0.05 on the day. The 5-day average trading volume is 4,362,880 shares of the company’s common stock. It has gained $5.85 in the past week. An average of 5,481,025 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 6,573,578.
NNDM’s 1-month performance is -8.81% or -$0.54 on its low of $5.35 reached on 10/04/21. The company’s shares have touched a 52-week low of $2.33 and high of $17.89, with the stock’s rally to the 52-week high happening on 01/26/21. YTD, NNDM has lost -38.57% or -$3.51. However, the current price is down -68.75%% from the 52-week high price.
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Nano Dimension Ltd. (NNDM) has a trailing price-to-earnings (P/E) ratio of 23.30 for the broader industry and 36.91 for the sector.NNDM stock has a beta of 2.34. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 350.21 while the price-to-book (PB) in the most recent quarter is 1.01.
Nano Dimension Ltd.’s quick ratio for the period ended December 30 was 89.80, with the current ratio over the same period at 90.10 meaning that NNDM stock is able to fulfill its debt obligations. As well, the company’s long term debt to equity for the quarter ending December 30 was 0.00, while the total debt to equity was 0.00. In terms of profitability, the gross margin trailing 12 months is 37.10%. The trailing 12-month EBITDA margin is -972.64%. The firm’s gross profit as reported stood at $1.06 million against revenue of $3.4 million.
For the quarterly period ending December 30 this year, Net income and sales went up compared to those figures reported in the previous quarter. Analysts expected NNDM to announce -$0.04 per share in earnings in its latest quarter, but it posted -$0.02, representing a 50.00% surprise. EBITDA for the quarter stood at more than -$19.86 million. NNDM stock balance sheet for the quarter ending December 30 shows that total liabilities totaled 33.44 million, with total debt at $3.91 million
Let’s look briefly at Nano Dimension Ltd. (NNDM) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 11 October was 43.35% to suggest the stock is trending Neutral, with historical volatility in this time period at 39.40%.
The stock’s 5-day moving average is $5.59, reflecting a +3.90% or $0.21 change from its current price. NNDM is currently trading -7.14% above its 20-day SMA, -9.69% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 and SMA200 by -11.69% and -36.26% respectively.
Stochastic %K and %D was 29.25% and 26.19% and the average true range (ATR) pointed at 0.27. The RSI (14) points at 43.70%, while the 14-day stochastic is at 24.49% with the period’s ATR at 0.29. The stock’s 9-day MACD Oscillator is pointing at 0.06 and -0.11 on the 14-day charts.
In the most recent analyst report for Nano Dimension Ltd. (NASDAQ: NNDM), Maxim Group reiterated its a Buy rating for the company but lifted their price target by $12 to $8. Analysts offering their rating for NNDM stock have a consensus rating for the stock as Buy. Currently, 0 brokerage advisors rate NNDM as a “sell,”, while 0 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 0 rates the stock as overweight while 1 have offered a “buy” rating.
What is NNDM’s price target for the next 12 months?
Analysts have a consensus price target ranging from a low of $10.00 and a high of $10.00, with their median price target at $10.00. Looking at these predictions, the average price target given by analysts is for Nano Dimension Ltd. (NNDM) stock is $10.00.