Nano-X Imaging Ltd. (NASDAQ:NNOX)’s traded shares stood at 0.41 million during the last session. At the close of trading, the stock’s price was $21.92, to imply a decrease of -3.22% or -$0.73 in intraday trading. The NNOX share’s 52-week high remains $94.81, putting it -332.53% down since that peak but still an impressive 13.09% since price per share fell to its 52-week low of $19.05. The company has a valuation of $1.03B, with average of 783.91K shares over the past 3 months.
Analysts have given a consensus recommendation of a Buy for Nano-X Imaging Ltd. (NNOX), translating to a mean rating of 2.00. Of 5 analyst(s) looking at the stock, 0 analyst(s) give NNOX a Sell rating. 0 of those analysts rate the stock as Overweight while 1 advise Hold as 4 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 -$0.28.
Nano-X Imaging Ltd. (NASDAQ:NNOX) trade information
After registering a -3.22% downside in the last session, Nano-X Imaging Ltd. (NNOX) has traded red over the past five days. The stock hit a weekly high of 23.60 this Friday, 10/08/21, dropping -3.22% in its intraday price action. The 5-day price performance for the stock is -4.15%, and -7.20% over 30 days. With these gigs, the year-to-date price performance is -51.99%.
Analysts on Wall Street suggest a consensus price target of $42.25, implying an increase of 48.12% to the stock’s current value. The extremes give us $38.00 and $52.00 for target low and target high price respectively. As such, NNOX has been trading -137.23% off suggested target high and -73.36% from its likely low.
Nano-X Imaging Ltd. (NNOX) estimates and forecasts
Looking at statistics comparing Nano-X Imaging Ltd. share performance against respective industry, we note that the company has underperformed competitors. Nano-X Imaging Ltd. (NNOX) shares are -39.36% down over the last 6 months, with its year-to-date growth rate lower than industry average at -113.21% against 9.80%. Revenue is forecast to shrink -115.40% this quarter before falling -83.30% for the next one.
Nano-X Imaging Ltd. has its next earnings report out between November 08 and November 12. 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-X Imaging 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-X Imaging Ltd. (NASDAQ:NNOX)’s Major holders
Nano-X Imaging Ltd. insiders hold 22.92% of total outstanding shares, with institutional holders owning 14.81% of the shares at 19.22% float percentage. In total, 14.81% institutions holds shares in the company, led by Credit Suisse AG. As of Jun 29, 2021, the company held over 0.68 million shares (or 1.42% of shares), all amounting to roughly $21.71 million.
The next major institution holding the largest number of shares is Blackrock Inc. with 0.57 million shares, or about 1.19% of shares outstanding. As of the market price on Jun 29, 2021, these shares were worth $18.31 million.
We also have iShares Core MSCI EAFE ETF and iShares MSCI EAFE Small Cap ETF as the top two Mutual Funds with the largest holdings of the Nano-X Imaging Ltd. (NNOX) shares. Going by data provided on Aug 30, 2021, iShares Core MSCI EAFE ETF holds roughly 0.17 million shares. This is just over 0.35% of the total shares, with a market valuation of $4.09 million. Data from the same date shows that the other fund manager holds a little less at 0.15 million, or 0.32% of the shares, all valued at about 3.73 million.