Nano Dimension Ltd ADR [NASDAQ: NNDM] stock went on an upward path that rose over 2.67% on Thursday, amounting to a one-week price decrease of less than -1.91%.
Over the last 12 months, NNDM stock dropped by -37.90%. The one-year Nano Dimension Ltd ADR stock forecast points to a potential upside of 84.6. 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 $334.61 million, with 217.28 million shares outstanding and 215.94 million shares in the current float. Compared to the average trading volume of 1.58M shares, NNDM stock reached a trading volume of 10873666 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 Price to Book ratio for the last quarter was 0.40, with the Price to Cash per share for the same quarter was set at 3.43.
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 -1.91. With this latest performance, NNDM shares gained by 7.69% in over the last four-week period, additionally sinking by -31.25% over the last 6 months – not to mention a drop of -37.90% 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 50.05, with the RSI for the last a single of trading hit 0.0725, and the three-weeks RSI is set at 0.0697 for Nano Dimension Ltd ADR [NNDM]. The present Moving Average for the last 50 days of trading for this stock 1.5436, while it was recorded at 1.5500 for the last single week of trading, and 2.0089 for the last 200 days.
Insight into Nano Dimension Ltd ADR Fundamentals:
Operating Margin for any stock indicates how profitable investing would be, and Nano Dimension Ltd ADR [NNDM] shares currently have an operating margin of -116.03% and a Gross Margin at 42.02%. Nano Dimension Ltd ADR’s Net Margin is presently recorded at -143.96%.
Nano Dimension Ltd ADR (NNDM) Capital Structure & Debt Analysis
According to recent financial data for Nano Dimension Ltd ADR. ( NNDM), the Return on Equity (ROE) stands at -9.62%, highlighting a negative impact on investor capital. The Return on Assets (ROA) is -9.05%, reflecting the company’s efficiency in generating profits from its assets. Additionally, Nano Dimension Ltd ADR’s Return on Invested Capital (ROIC) is -10.10%, showcasing its effectiveness in deploying capital for earnings.
Nano Dimension Ltd ADR (NNDM) Efficiency & Liquidity Metrics
Based on Nano Dimension Ltd ADR’s (NNDM) latest financial statements, the Debt-to-Equity Ratio is 0.01%, indicating its reliance on debt financing relative to shareholder equity.
Nano Dimension Ltd ADR (NNDM) Efficiency & Liquidity Metrics
From an operational efficiency perspective, Nano Dimension Ltd ADR. (NNDM) effectively leverages its workforce, generating an average of -$153182.64 per employee. The company’s liquidity position is robust, with a Current Ratio of 14.55% and a Quick Ratio of 14.23%, indicating strong ability to cover short-term liabilities.
Nano Dimension Ltd ADR [NNDM] Institutonal Ownership Details
There are presently around $34.54%, or 34.59% 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%.
