During the last session, Nano Dimension Ltd. (NASDAQ:NNDM)’s traded shares were 16,933,813, with the beta value of the company hitting 2.45. At the end of the trading day, the stock’s price was $7.68, reflecting an intraday loss of -7.13% or -$0.59. The 52-week high for the NNDM share is $17.89, that puts it down -132.94% from that peak though still a striking +91.54% gain since the share price plummeted to a 52-week low of $0.65. The company’s market capitalization is $1.91 Billion, and the average intraday trading volume over the past 10 days was 16.56 Million shares, and the average trade volume was 30.76 Million shares over the past three months.
Nano Dimension Ltd. (NNDM) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 2. NNDM has a Sell rating from none of the analyst(s) out of 1 analysts who have looked at this stock. Neither of the analyst(s) recommend to Hold the stock while none of them suggest Overweight, and 1 recommend a Buy rating for it. None of the analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be $0.
Nano Dimension Ltd. (NASDAQ:NNDM): Trading Information
Nano Dimension Ltd. (NNDM) registered a -7.13% downside in the last session and has traded in the red over the past 5 sessions. The stock spiked 15.23% in intraday trading to $9.06- this Thursday, Apr 01, hitting a weekly high. The stock’s 5-day price performance is -8.02%, and it has moved by 0.92% in 30 days. Based on these gigs, the overall price performance for the year is -15.6%. The short interest in Nano Dimension Ltd. (NASDAQ:NNDM) is 14.09 Million shares and it means that shorts have 0.46 day(s) to cover.
The consensus price target of analysts on Wall Street is $10, which implies an increase of 30.21% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $10 and $10 respectively. As a result, NNDM is trading at a discount of 30.21% off the target high and 30.21% off the low.
Nano Dimension Ltd. (NNDM) projections and forecasts
An analysis of the company’s performance over the past 5 years shows that the company’s earnings fell an estimated 0%. While earnings are projected to return 71.8% in 2021, the next five years will return 0% per annum.
Nano Dimension Ltd. (NASDAQ:NNDM)’s Biggest Investors
Nano Dimension Ltd. insiders own 0.06% of total outstanding shares while institutional holders control 11.06%, with the float percentage being 11.07%. ARK Investment Management, LLC is the largest shareholder of the company, while 99 institutions own stock in it. As of Dec 30, 2020, the company held over 8.39 Million shares (or 4.88% of all shares), a total value of $76.38 Million in shares.
The next largest institutional holding, with 2.76 Million shares, is of State Street Corporation’s that is approximately 1.61% of outstanding shares. At the market price on Dec 30, 2020, these shares were valued at $25.13 Million.
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Also, the Mutual Funds coming in first place with the largest holdings of Nano Dimension Ltd. (NNDM) shares are ARK ETF Tr-ARK Autonomous Technology & Robotics ETF and ARK ETF Tr-ARK Next Generation Internet ETF. Data provided on Feb 27, 2021 indicates that ARK ETF Tr-ARK Autonomous Technology & Robotics ETF owns about 7,265,074 shares. This amounts to just over 4.22 percent of the company’s overall shares, with a $71.49 Million market value. The same data shows that the other fund manager holds slightly less at 6.04 Million, or about 3.51% of the stock, which is worth about $59.43 Million.