During the last session, Nano X Imaging Ltd (NASDAQ:NNOX)’s traded shares were 1.99 million, with the beta value of the company hitting 2.01. At the end of the trading day, the stock’s price was $7.41, reflecting an intraday loss of -1.59% or -$0.12. The 52-week high for the NNOX share is $14.28, that puts it down -92.71 from that peak though still a striking 29.01% gain since the share price plummeted to a 52-week low of $5.26. The company’s market capitalization is $433.49M, and the average intraday trading volume over the past 10 days was 6.41 million shares, and the average trade volume was 1.81 million shares over the past three months.
Nano X Imaging Ltd (NNOX) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.00. NNOX has a Sell rating from 0 analyst(s) out of 2 analysts who have looked at this stock. 0 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 2 recommend a Buy rating for it.
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Nano X Imaging Ltd (NASDAQ:NNOX) trade information
Nano X Imaging Ltd (NNOX) registered a -1.59% downside in the last session and has traded in the green over the past 5 sessions. The stock plummet -1.59% in intraday trading to $7.41, hitting a weekly high. The stock’s 5-day price performance is 18.75%, and it has moved by 12.10% in 30 days. Based on these gigs, the overall price performance for the year is 19.13%. The short interest in Nano X Imaging Ltd (NASDAQ:NNOX) is 7.25 million shares and it means that shorts have 10.11 day(s) to cover.
The consensus price target of analysts on Wall Street is $18, which implies an increase of 58.83% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $18 and $18 respectively. As a result, NNOX is trading at a discount of -142.91% off the target high and -142.91% off the low.
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 down -7.84% during the last six months, with a year-to-date growth rate less than the industry average at 14.81% against 16.30.
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 15.43% in 2024.
NNOX Dividends
Nano X Imaging Ltd is due to release its next quarterly earnings in January. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
The next largest institutional holding, with 0.96 million shares, is of STATE STREET CORP’s that is approximately 1.6632% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $7.07 million.
