Nano Dimension Ltd. [NNDM] is -19.34% lower this YTD. Is it still time to buy?

Nano Dimension Ltd. [NASDAQ: NNDM] loss -4.80% on the last trading session, reaching $7.34 price per share at the time. The company report on April 27, 2021 that Nano Dimension Acquires Micro Mechanics 3D-Printing Leader, NanoFabrica Ltd.

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Nano Dimension Ltd. represents 261.38 million in outstanding shares, while the company has a total market value of $1.92 billion with the latest information. NNDM stock price has been found in the range of $7.28 to $7.81.

If compared to the average trading volume of 25.19M shares, NNDM reached a trading volume of 13968214 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here is what top equities market gurus are saying about Nano Dimension Ltd. [NNDM]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for NNDM shares is $10.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on NNDM stock is a recommendation set at 2.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Maxim Group have made an estimate for Nano Dimension Ltd. shares, keeping their opinion on the stock as Buy, with their previous recommendation back on October 21, 2016.

The Average True Range (ATR) for Nano Dimension Ltd. is set at 0.70, with the Price to Sales ratio for NNDM stock in the period of the last 12 months amounting to 564.27. The Price to Book ratio for the last quarter was 6.44, with the Price to Cash per share for the same quarter was set at 0.14.

Trading performance analysis for NNDM stock

Nano Dimension Ltd. [NNDM] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -2.00. With this latest performance, NNDM shares dropped by -14.55% in over the last four-week period, additionally plugging by 142.24% over the last 6 months – not to mention a rise of 803.16% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for NNDM stock in for the last two-week period is set at 42.06, with the RSI for the last a single of trading hit 41.96, and the three-weeks RSI is set at 42.57 for Nano Dimension Ltd. [NNDM]. The present Moving Average for the last 50 days of trading for this stock 8.93, while it was recorded at 7.87 for the last single week of trading, and 6.44 for the last 200 days.

Nano Dimension Ltd. [NNDM]: A deeper dive into fundamental analysis

Operating Margin for any stock indicates how profitable investing would be, and Nano Dimension Ltd. [NNDM] shares currently have an operating margin of -1050.84 and a Gross Margin at -24.18. Nano Dimension Ltd.’s Net Margin is presently recorded at -1426.71.

Return on Total Capital for NNDM is now -10.47, given the latest momentum, and Return on Invested Capital for the company is -14.27. Return on Equity for this stock declined to -14.39, with Return on Assets sitting at -13.72. When it comes to the capital structure of this company, Nano Dimension Ltd. [NNDM] has a Total Debt to Total Equity ratio set at 0.56. Additionally, NNDM Total Debt to Total Capital is recorded at 0.56, with Total Debt to Total Assets ending up at 0.55. Long-Term Debt to Equity for the company is recorded at 0.39, with the Long-Term Debt to Total Capital now at 0.39.

Reflecting on the efficiency of the workforce at the company, Nano Dimension Ltd. [NNDM] managed to generate an average of -$561,313 per employee. Receivables Turnover for the company is 2.07 with a Total Asset Turnover recorded at a value of 0.01.Nano Dimension Ltd.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 7.30 and a Current Ratio set at 8.10.

An analysis of insider ownership at Nano Dimension Ltd. [NNDM]

There are presently around $175 million, or 11.30% of NNDM stock, in the hands of institutional investors. The top three institutional holders of NNDM stocks are: ARK INVESTMENT MANAGEMENT LLC with ownership of 8,393,249, which is approximately 1899.94% of the company’s market cap and around 0.06% of the total institutional ownership; STATE STREET CORP, holding 2,761,198 shares of the stock with an approximate value of $20.27 million in NNDM stocks shares; and SUSQUEHANNA INTERNATIONAL GROUP, LLP, currently with $16.41 million in NNDM stock with ownership of nearly New of the company’s market capitalization.

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Positions in Nano Dimension Ltd. stocks held by institutional investors increased at the end of May and at the time of the May reporting period, where 80 institutional holders increased their position in Nano Dimension Ltd. [NASDAQ:NNDM] by around 20,701,328 shares. Additionally, 16 investors decreased positions by around 502,526 shares, while 11 investors held positions by with 2,581,507 shares. The mentioned changes placed institutional holdings at 23,785,361 shares, according to the latest SEC report filing. NNDM stock had 58 new institutional investments in for a total of 8,440,608 shares, while 11 institutional investors sold positions of 301,460 shares during the same period.

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