Nano Dimension Ltd. (NASDAQ:NNDM)’s traded shares stood at 1.3 million during the latest session, with the company’s beta value hitting 2.36. At the last check today, the stock’s price was $5.70, to imply an increase of 0.35% or $0.02 in intraday trading. The NNDM share’s 52-week high remains $17.89, putting it -213.86% down since that peak but still an impressive 60.18% since price per share fell to its 52-week low of $2.27. The company has a valuation of $1.41B, with average of 6.88 million shares over the past 3 months.
Analysts have given a consensus recommendation of a Buy for Nano Dimension Ltd. (NNDM), translating to a mean rating of 2.00. Of 1 analyst(s) looking at the stock, 0 analyst(s) give NNDM a Sell rating. 0 of those analysts rate the stock as Overweight while 0 advise Hold as 1 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at $0.
Nano Dimension Ltd. (NASDAQ:NNDM) trade information
After registering a 0.35% upside in the latest session, Nano Dimension Ltd. (NNDM) has traded red over the past five days. The stock hit a weekly high of 5.85 this Thursday, 10/07/21, jumping 0.35% in its intraday price action. The 5-day price performance for the stock is 0.71%, and -7.19% over 30 days. With these gigs, the year-to-date price performance is -37.58%.
Analysts on Wall Street suggest a consensus price target of $10.00, implying an increase of 43.0% to the stock’s recent value. The extremes give us $10.00 and $10.00 for target low and target high price respectively. As such, NNDM has been trading -75.44% off suggested target high and -75.44% from its likely low.
Nano Dimension Ltd. (NNDM) estimates and forecasts
The rating firms project that company’s revenue will grow 47.10% compared to the previous financial year.
Nano Dimension Ltd. has its next earnings report out between November 10 and November 15. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Nano Dimension Ltd. has a forward dividend ratio of 0, with the share yield ticking at 0.00% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 0.00%.
Nano Dimension Ltd. (NASDAQ:NNDM)’s Major holders
Nano Dimension Ltd. insiders hold 0.04% of total outstanding shares, with institutional holders owning 23.14% of the shares at 23.15% float percentage. In total, 23.14% institutions holds shares in the company, led by ARK Investment Management, LLC. As of Jun 29, 2021, the company held over 16.37 million shares (or 6.58% of shares), all amounting to roughly $134.91 million.
The next major institution holding the largest number of shares is Blackrock Inc. with 4.54 million shares, or about 1.82% of shares outstanding. As of the market price on Jun 29, 2021, these shares were worth $37.4 million.
We also have ARK ETF Tr-ARK Autonomous Technology & Robotics ETF and ARK ETF Tr-ARK Next Generation Internet ETF as the top two Mutual Funds with the largest holdings of the Nano Dimension Ltd. (NNDM) shares. Going by data provided on Sep 29, 2021, ARK ETF Tr-ARK Autonomous Technology & Robotics ETF holds roughly 8.89 million shares. This is just over 3.57% of the total shares, with a market valuation of $50.16 million. Data from the same date shows that the other fund manager holds a little less at 6.75 million, or 2.71% of the shares, all valued at about 38.05 million.