The stock of Nano Dimension Ltd ADR (NNDM) has gone up by 2.40% for the week, with a -6.95% drop in the past month and a -18.63% drop in the past quarter. The volatility ratio for the week is 2.98%, and the volatility levels for the past 30 days are 4.18% for NNDM. The simple moving average for the past 20 days is -4.42% for NNDM’s stock, with a -13.45% simple moving average for the past 200 days.
Is It Worth Investing in Nano Dimension Ltd ADR (NASDAQ: NNDM) Right Now?
Moreover, the 36-month beta value for NNDM is 1.65. 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.”
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The public float for NNDM is 234.91M and currently, short sellers hold a 6.94% of that float. On August 20, 2024, NNDM’s average trading volume was 1.26M shares.
NNDM) stock’s latest price update
The stock of Nano Dimension Ltd ADR (NASDAQ: NNDM) has decreased by -0.92 when compared to last closing price of 2.16. Despite this, the company has experienced a 2.40% gain in its stock price over the last five trading sessions. globenewswire.com reported 2024-08-20 that Best Quarter in Nano Dimension’s History Continued Improvement in Financial Strength and Transformational M&A Transaction Quarterly Revenue Sets Record at $15.0 Million Up 2% from Q2/2023 Gross Margin Improvement of 136 bps 45.4% in Q2/2024, Up From 44.1% in Q2/2023 Adjusted Gross Margin Improvement of 75 bps 48.1% in H1/2024, Up From 47.3% in H1/2023 Company Reduces Net Cash Burn by 69% $18M in H1/2024, Down From $58M in H1/2023 Definitive Agreement Announced to Acquire Desktop Metal Following Quarter End Creating a Leader in Additive Manufacturing Conference Call to be Held Today at 9:00 a.m. EDT WALTHAM, Mass.
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 -6.71% 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 -33.74% of loss for the given period.
Volatility was left at 4.18%, however, over the last 30 days, the volatility rate increased by 2.98%, as shares sank -9.15% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -17.57% lower at present.
During the last 5 trading sessions, NNDM rose by +2.15%, which changed the moving average for the period of 200-days by -16.93% in comparison to the 20-day moving average, which settled at $2.23. In addition, Nano Dimension Ltd ADR saw -10.83% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for NNDM
Current profitability levels for the company are sitting at:
- -2.06 for the present operating margin
- 0.46 for the gross margin
The net margin for Nano Dimension Ltd ADR stands at -2.04. The total capital return value is set at -0.12.
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 -15.08. The debt to equity ratio resting at 0.01. The interest coverage ratio of the stock is -4.65.
Currently, EBITDA for the company is -73.61 million with net debt to EBITDA at 2.03. When we switch over and look at the enterprise to sales, we see a ratio of 4.94. The receivables turnover for the company is 3.0for trailing twelve months and the total asset turnover is 0.06. The liquidity ratio also appears to be rather interesting for investors as it stands at 27.32.
Conclusion
To wrap up, the performance of Nano Dimension Ltd ADR (NNDM) has been bad 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.
