The $8.96 Value Of Nano X Imaging Ltd (NASDAQ: NNOX) Should Not Be Underestimated

During the last session, Nano X Imaging Ltd (NASDAQ:NNOX)’s traded shares were 0.69 million, with the beta value of the company hitting 2.14. At the end of the trading day, the stock’s price was $8.96, reflecting an intraday gain of 0.45% or $0.04. The 52-week high for the NNOX share is $22.69, that puts it down -153.24 from that peak though still a striking 45.42% gain since the share price plummeted to a 52-week low of $4.89. The company’s market capitalization is $513.32M, and the average trade volume was 4.04 million shares over the past three months.

Nano X Imaging Ltd (NASDAQ:NNOX) trade information

Nano X Imaging Ltd (NNOX) registered a 0.45% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 0.45% in intraday trading to $8.96, hitting a weekly high. The stock’s 5-day price performance is 4.19%, and it has moved by -9.31% in 30 days. Based on these gigs, the overall price performance for the year is 50.08%.

Nano X Imaging Ltd (NNOX) estimates and forecasts

Statistics show that Nano X Imaging Ltd has underperformed its competitors in share price, compared to the industry in which it operates. Nano X Imaging Ltd (NNOX) shares have gone up 76.03% during the last six months, with a year-to-date growth rate less than the industry average at 15.74% against 19.30. In the rating firms’ projections, revenue will increase 147.90% compared to the previous financial year.

As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 4.41M as predicted by 2 analyst(s). Meanwhile, a consensus of 2 analyst(s) estimates revenue growth to 5.35M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 2.45M and 2.58M respectively. In this case, analysts expect current quarter sales to grow by 80.20% and then jump by 107.20% in the coming quarter.

An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -91.56%. While earnings are projected to return 16.20% in 2024.

NNOX Dividends

Nano X Imaging Ltd is due to release its next quarterly earnings in May. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

Nano X Imaging Ltd (NASDAQ:NNOX)’s Major holders