NNOX has 36-month beta value of 1.98. Analysts have mixed views on the stock, with 4 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for NNOX is 53.08M, and currently, short sellers hold a 12.91% ratio of that float. The average trading volume of NNOX on February 25, 2025 was 3.76M shares.
NNOX) stock’s latest price update
The stock of Nano X Imaging Ltd (NASDAQ: NNOX) has increased by 4.73 when compared to last closing price of 6.02.Despite this, the company has seen a loss of -3.59% in its stock price over the last five trading days. fool.com reported 2025-02-14 that Shares of several artificial intelligence (AI) stocks in various sectors are getting crushed this morning after the AI chip king Nvidia revealed in documents filed with the Securities and Exchange Commission (SEC) that it exited its position in these companies.
NNOX’s Market Performance
Nano X Imaging Ltd (NNOX) has seen a -3.59% fall in stock performance for the week, with a -23.48% decline in the past month and a 7.05% surge in the past quarter. The volatility ratio for the week is 6.58%, and the volatility levels for the past 30 days are at 6.85% for NNOX. The simple moving average for the past 20 days is -9.80% for NNOX’s stock, with a -12.44% simple moving average for the past 200 days.
Analysts’ Opinion of NNOX
Many brokerage firms have already submitted their reports for NNOX stocks, with D. Boral Capital repeating the rating for NNOX by listing it as a “Buy.” The predicted price for NNOX in the upcoming period, according to D. Boral Capital is $23 based on the research report published on January 06, 2025 of the current year 2025.
Alliance Global Partners, on the other hand, stated in their research note that they expect to see NNOX reach a price target of $14.50. The rating they have provided for NNOX stocks is “Buy” according to the report published on September 08th, 2023.
Cantor Fitzgerald gave a rating of “Overweight” to NNOX, setting the target price at $21 in the report published on January 05th of the previous year.
NNOX Trading at -16.29% from the 50-Day Moving Average
After a stumble in the market that brought NNOX to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -50.16% of loss for the given period.
Volatility was left at 6.85%, however, over the last 30 days, the volatility rate increased by 6.58%, as shares sank -13.73% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -15.97% lower at present.
During the last 5 trading sessions, NNOX fell by -1.07%, which changed the moving average for the period of 200-days by -33.37% in comparison to the 20-day moving average, which settled at $7.00. In addition, Nano X Imaging Ltd saw -12.43% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for NNOX
Current profitability levels for the company are sitting at:
- -5.15 for the present operating margin
- -0.89 for the gross margin
The net margin for Nano X Imaging Ltd stands at -4.65. The total capital return value is set at -0.32. Equity return is now at value -27.17, with -23.94 for asset returns.
Based on Nano X Imaging Ltd (NNOX), the company’s capital structure generated 0.05 points at debt to capital in total, while cash flow to debt ratio is standing at -4.87.
Currently, EBITDA for the company is -47.69 million with net debt to EBITDA at 0.75. When we switch over and look at the enterprise to sales, we see a ratio of 31.28. The receivables turnover for the company is 7.16for 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 4.64.
Conclusion
To put it simply, Nano X Imaging Ltd (NNOX) has had a bad performance in recent times. Analysts have a bullish opinion on the stock, with some rating 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.
