For Nano Dimension Ltd. [NNDM], Analyst sees a drop to $8. What next?

Nano Dimension Ltd. [NASDAQ: NNDM] gained 1.07% on the last trading session, reaching $5.68 price per share at the time. The company report on October 5, 2021 that Nano Dimension to Deliver Fabrica 2.0 System to a Leading Western Homeland Security Agency, under a $1.5M Contract for Machine utilization.

Fabrica 2.0 Micro Manufacturing Technology was formally confirmed as meeting the High Standards of this Government Agency.

Nano Dimension Ltd. (Nasdaq: NNDM), (“Nano Dimension”) an industry leading Additively Manufacturing Electronics (AME) & Additively Manufactured (AM) 3D-Structures’ Formation systems provider, announced that it has met the final milestone to complete the delivery of its Fabrica 2.0 System for micro precision additive manufacturing to a leading Western Homeland Security Agency.

Nano Dimension Ltd. represents 250.60 million in outstanding shares, while the company has a total market value of $1.42 billion with the latest information. NNDM stock price has been found in the range of $5.5801 to $5.7668.

If compared to the average trading volume of 6.69M shares, NNDM reached a trading volume of 4401393 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]:

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 0.27, with the Price to Sales ratio for NNDM stock in the period of the last 12 months amounting to 355.85. The Price to Book ratio for the last quarter was 1.03, with the Price to Cash per share for the same quarter was set at 5.27.

Trading performance analysis for NNDM stock

Nano Dimension Ltd. [NNDM] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 2.90. With this latest performance, NNDM shares dropped by -2.91% in over the last four-week period, additionally sinking by -19.77% over the last 6 months – not to mention a rise of 89.97% 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 46.33, with the RSI for the last a single of trading hit 48.04, and the three-weeks RSI is set at 45.72 for Nano Dimension Ltd. [NNDM]. The present Moving Average for the last 50 days of trading for this stock 5.95, while it was recorded at 5.64 for the last single week of trading, and 8.24 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 -10.40, given the latest momentum, and Return on Invested Capital for the company is -14.17. Return on Equity for this stock declined to -14.29, with Return on Assets sitting at -13.62. 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 -$557,402 per employee. Receivables Turnover for the company is 2.06 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 89.80 and a Current Ratio set at 90.10.

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

There are presently around $296 million, or 23.10% 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 16,372,053, which is approximately 26.257% of the company’s market cap and around 0.04% of the total institutional ownership; BLACKROCK INC., holding 4,539,178 shares of the stock with an approximate value of $25.78 million in NNDM stocks shares; and STATE STREET CORP, currently with $25.52 million in NNDM stock with ownership of nearly 59.956% 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 November and at the time of the November reporting period, where 91 institutional holders increased their position in Nano Dimension Ltd. [NASDAQ:NNDM] by around 19,697,605 shares. Additionally, 70 investors decreased positions by around 10,665,636 shares, while 26 investors held positions by with 21,709,119 shares. The mentioned changes placed institutional holdings at 52,072,360 shares, according to the latest SEC report filing. NNDM stock had 48 new institutional investments in for a total of 5,670,154 shares, while 33 institutional investors sold positions of 1,215,505 shares during the same period.

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