Nano Dimension Ltd ADR [NASDAQ: NNDM] stock went on a downward path that fall over -16.83% on Tuesday, amounting to a one-week price decrease of less than -19.53%.
Over the last 12 months, NNDM stock dropped by -35.69%. The one-year Nano Dimension Ltd ADR stock forecast points to a potential upside of 82.7. The average equity rating for NNDM stock is currently 1.00, trading closer to a bullish pattern in the stock market.
The market cap for the stock reached $379.29 million, with 219.24 million shares outstanding and 219.11 million shares in the current float. Compared to the average trading volume of 2.02M shares, NNDM stock reached a trading volume of 12329754 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on Nano Dimension Ltd ADR [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 1.00. 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 ADR 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 ADR is set at 0.11, with the Price to Sales ratio for NNDM stock in the period of the last 12 months amounting to 6.55. The Price to Book ratio for the last quarter was 0.44, with the Price to Cash per share for the same quarter was set at 3.47.
NNDM Stock Performance Analysis:
Nano Dimension Ltd ADR [NNDM] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -19.53. With this latest performance, NNDM shares dropped by -22.77% in over the last four-week period, additionally sinking by -22.07% over the last 6 months – not to mention a drop of -35.69% 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 22.56, with the RSI for the last a single of trading hit 15.32, and the three-weeks RSI is set at 28.52 for Nano Dimension Ltd ADR [NNDM]. The present Moving Average for the last 50 days of trading for this stock 2.29, while it was recorded at 2.04 for the last single week of trading, and 2.29 for the last 200 days.
Insight into Nano Dimension Ltd ADR Fundamentals:
Nano Dimension Ltd ADR’s liquidity data is similarly interesting compelling, with a Quick Ratio of 27.95 and a Current Ratio set at 28.65.
Nano Dimension Ltd ADR [NNDM] Institutonal Ownership Details
There are presently around $34.75%, or 35.63%% of NNDM stock, in the hands of institutional investors. The top three institutional holders of NNDM stocks are: ANSON FUNDS MANAGEMENT LP with ownership of 20.63 million shares, which is approximately 9.384%. MURCHINSON LTD., holding 15.55 million shares of the stock with an approximate value of $$34.21 million in NNDM stocks shares; and MURCHINSON LTD., currently with $$17.11 million in NNDM stock with ownership which is approximately 3.5364%.
