Nano X Imaging Ltd (NASDAQ:NNOX) has a beta value of 2.00 and has seen 1.46 million shares traded in the last trading session. The company, currently valued at $384.14M, closed the last trade at $6.36 per share which meant it gained $0.2 on the day or 3.25% during that session. The NNOX stock price is -124.53% off its 52-week high price of $14.28 and 17.3% above the 52-week low of $5.26. If we look at the company’s 10-day average daily trading volume, we find that it stood at 1.81 million shares traded. The 3-month trading volume is 895.34K shares.
The consensus among analysts is that Nano X Imaging Ltd (NNOX) is Buy stock at the moment, with a recommendation rating of 1.00. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 0 out of 2 have rated it as a Hold, with 2 advising it as a Buy. 0 have rated the stock as Underweight.
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Nano X Imaging Ltd (NASDAQ:NNOX) trade information
Sporting 3.25% in the green in last session, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the NNOX stock price touched $6.36 or saw a rise of 4.07%. Year-to-date, Nano X Imaging Ltd shares have moved -0.16%, while the 5-day performance has seen it change 8.72%. Over the past 30 days, the shares of Nano X Imaging Ltd (NASDAQ:NNOX) have changed 10.99%. Short interest in the company has seen 7.25 million shares shorted with days to cover at 10.11.
Wall Street analysts have a consensus price target for the stock at $18, which means that the shares’ value could jump 64.67% from current levels. The projected low price target is $18.0 while the price target rests at a high of $18.0. In that case, then, we find that the current price level is -183.02% off the targeted high while a plunge would see the stock gain -183.02% from current levels.
Nano X Imaging Ltd (NNOX) estimates and forecasts
Figures show that Nano X Imaging Ltd shares have outperformed across the wider relevant industry. The company’s shares have lost -24.56% over the past 6 months, with this year growth rate of 18.52%, compared to 18.50% for the industry.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -91.56% over the past 5 years.
NNOX Dividends
Nano X Imaging Ltd is expected to release its next earnings report in December this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Nano X Imaging Ltd (NASDAQ:NNOX)’s Major holders
The top two institutional holders are BLACKROCK INC. with over 3.01 million shares worth more than $22.13 million. As of 2024-06-30, BLACKROCK INC. held 5.2067% of shares outstanding.
The other major institutional holder is STATE STREET CORP, with the holding of over 0.96 million shares as of 2024-06-30. The firm’s total holdings are worth over $7.07 million and represent 1.6632% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are iShares Russell 2000 ETF and Fidelity Small Cap Index Fund . As of Sep 30, 2024 , the former fund manager holds about 2.44% shares in the company for having 1.41 shares of worth $8.98 million while later fund manager owns 558.07 shares of worth $3.55 million as of Aug 31, 2024 , which makes it owner of about 0.97% of company’s outstanding stock.
