Nano Dimension Ltd ADR (NNDM) Stock: Evaluating the Market Performance

Moreover, the 36-month beta value for NNDM is 1.78. Analysts have varying opinions on the stock, with 1 analysts rating it as a “buy,” 1 as “overweight,” 0 as “hold,” and 0 as “sell.”

The public float for NNDM is 206.43M and currently, short sellers hold a 8.05% of that float. On April 17, 2024, NNDM’s average trading volume was 1.79M shares.

NNDM) stock’s latest price update

The stock of Nano Dimension Ltd ADR (NASDAQ: NNDM) has decreased by -1.59 when compared to last closing price of 2.51.Despite this, the company has seen a loss of -12.10% in its stock price over the last five trading days. InvestorPlace reported 2024-04-15 that Every investor is on the search for outsized gains. We all dream of finding that one small company that ends up changing the world and making its early shareholders fabulously wealthy.

NNDM’s Market Performance

Nano Dimension Ltd ADR (NNDM) has seen a -12.10% fall in stock performance for the week, with a -14.53% decline in the past month and a 15.42% surge in the past quarter. The volatility ratio for the week is 4.83%, and the volatility levels for the past 30 days are at 4.54% for NNDM.. The simple moving average for the past 20 days is -9.37% for NNDM’s stock, with a -7.47% simple moving average for the past 200 days.

Analysts’ Opinion of NNDM

Many brokerage firms have already submitted their reports for NNDM stocks, with Maxim Group repeating the rating for NNDM by listing it as a “Buy.” The predicted price for NNDM in the upcoming period, according to Maxim Group is $8 based on the research report published on October 21, 2016 of the previous year 2016.

NNDM Trading at -9.48% from the 50-Day Moving Average

After a stumble in the market that brought NNDM to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -26.27% of loss for the given period.

Volatility was left at 4.54%, however, over the last 30 days, the volatility rate increased by 4.83%, as shares sank -11.15% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading unchanged at present.

During the last 5 trading sessions, NNDM fell by -12.10%, which changed the moving average for the period of 200-days by -10.51% in comparison to the 20-day moving average, which settled at $2.71. In addition, Nano Dimension Ltd ADR saw 2.92% in overturn over a single year, with a tendency to cut further gains.

Stock Fundamentals for NNDM

Current profitability levels for the company are sitting at:

  • -1.21 for the present operating margin
  • 0.45 for the gross margin

The net margin for Nano Dimension Ltd ADR stands at -0.97. The total capital return value is set at -0.07.

Based on Nano Dimension Ltd ADR (NNDM), the company’s capital structure generated 0.01 points at debt to capital in total, while cash flow to debt ratio is standing at -7.61. The debt to equity ratio resting at 0.01. The interest coverage ratio of the stock is -120.45.

Currently, EBITDA for the company is -73.61 million with net debt to EBITDA at 4.02. When we switch over and look at the enterprise to sales, we see a ratio of 3.81. The receivables turnover for the company is 2.53for trailing twelve months and the total asset turnover is 0.05. The liquidity ratio also appears to be rather interesting for investors as it stands at 25.93.

Conclusion

To wrap up, the performance of Nano Dimension Ltd ADR (NNDM) has been mixed in recent times. The stock has received a bullish of “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.

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