Nano Dimension Ltd ADR (NASDAQ: NNDM)’s stock price has gone rise by 3.80 in comparison to its previous close of 2.10, however, the company has experienced a -0.01% decrease in its stock price over the last five trading days. businesswire.com reported 2024-11-12 that TORONTO–(BUSINESS WIRE)–Murchinson Ltd. (collectively with its affiliates and funds it advises and/or sub-advises, “Murchinson” or “we”), a significant shareholder with approximately 7.1% of the outstanding shares of Nano Dimension Ltd. (NASDAQ: NNDM) (“Nano” or the “Company”), today issued a presentation detailing the urgent need for change in Nano’s boardroom. Murchinson is seeking to elect two highly qualified and independent director candidates to the Company’s Board of Directors (the “Bo.
Is It Worth Investing in Nano Dimension Ltd ADR (NASDAQ: NNDM) Right Now?
The stock has a 36-month beta value of 1.67. Opinions on the stock are mixed, 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 219.11M, and at present, short sellers hold a 7.04% of that float. On November 13, 2024, the average trading volume of NNDM was 881.64K shares.
NNDM’s Market Performance
NNDM’s stock has seen a -0.01% decrease for the week, with a -4.40% drop in the past month and a 1.86% gain in the past quarter. The volatility ratio for the week is 2.71%, and the volatility levels for the past 30 days are at 3.18% for Nano Dimension Ltd ADR The simple moving average for the past 20 days is -3.12% for NNDM’s stock, with a -10.51% 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 -3.82% 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 -27.58% of loss for the given period.
Volatility was left at 3.18%, however, over the last 30 days, the volatility rate increased by 2.71%, as shares sank -8.72% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -0.23% lower at present.
During the last 5 trading sessions, NNDM fell by -1.61%, which changed the moving average for the period of 200-days by -8.72% in comparison to the 20-day moving average, which settled at $2.25. In addition, Nano Dimension Ltd ADR saw -9.18% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at NNDM starting from NEDIVI ZIVI R, who proposed sale 450,000 shares at the price of $2.20 back on Nov 08 ’24. After this action, NEDIVI ZIVI R now owns shares of Nano Dimension Ltd ADR, valued at $990,000 using the latest closing price.
Geddes Nicholas Campbell, the Officer of Nano Dimension Ltd ADR, proposed sale 345,269 shares at $2.31 during a trade that took place back on Oct 28 ’24, which means that Geddes Nicholas Campbell is holding shares at $797,571 based on the most recent closing price.
Stock Fundamentals for NNDM
Current profitability levels for the company are sitting at:
- -1.83 for the present operating margin
- 0.46 for the gross margin
The net margin for Nano Dimension Ltd ADR stands at -2.66. The total capital return value is set at -0.11. Equity return is now at value -14.51, with -13.91 for asset returns.
Based on Nano Dimension Ltd ADR (NNDM), the company’s capital structure generated 0.0 points at debt to capital in total, while cash flow to debt ratio is standing at -14.09. The debt to equity ratio resting at 0.0. The interest coverage ratio of the stock is -1.82.
Currently, EBITDA for the company is -73.61 million with net debt to EBITDA at 1.7. When we switch over and look at the enterprise to sales, we see a ratio of 4.7. The receivables turnover for the company is 3.19for 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 29.64.
Conclusion
To sum up, Nano Dimension Ltd ADR (NNDM) has seen a bad performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. 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.
