In the last trading session, 1.16 million shares of the Nano X Imaging Ltd (NASDAQ:NNOX) were traded, and its beta was 1.96. Most recently the company’s share price was $5.90, and it changed around -$0.22 or -3.59% from the last close, which brings the market valuation of the company to $345.15M. NNOX currently trades at a discount to its 52-week high of $11.39, offering almost -93.05% off that amount. The share price’s 52-week low was $5.19, which indicates that the current value has risen by an impressive 12.03% since then. We note from Nano X Imaging Ltd’s average daily trading volume that its 10-day average is 1.2 million shares, with the 3-month average coming to 2.91 million.
Nano X Imaging Ltd stock received a consensus recommendation rating of Buy, based on a mean score of 1.00. If we narrow it down even further, the data shows that 0 out of 4 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 0 recommended NNOX as a Hold, whereas 4 deemed it a Buy, and 0 rated it as Underweight.
Nano X Imaging Ltd (NASDAQ:NNOX) trade information
Instantly NNOX has showed a red trend with a performance of -3.59% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of 6.22 on recent trading dayincreased the stock’s daily price by 5.14%. The company’s shares are currently down -18.06% year-to-date, but still up 2.79% over the last five days. On the other hand, Nano X Imaging Ltd (NASDAQ:NNOX) is -1.99% down in the 30-day period. We can see from the shorts that 7.63 million shares have been sold at a short interest cover period of 2.95 day(s).
The consensus price target as assigned by Wall Street analysts is $18, which translates to bulls needing to increase their stock price by 67.22% from its current value. Analyst projections state that NNOX is forecast to be at a low of $18 and a high of $18.
Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -91.56%. Nano X Imaging Ltd earnings are expected to increase by 17.59% in 2025, but the outlook is positive 46.27% per year for the next five years.
NNOX Dividends
Nano X Imaging Ltd’s next quarterly earnings report is expected to be released on 2024-Nov-20.
Nano X Imaging Ltd (NASDAQ:NNOX)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 8.99% of Nano X Imaging Ltd shares, and 24.80% of them are in the hands of institutional investors. The stock currently has a share float of 27.25%. Nano X Imaging Ltd stock is held by 173.0 institutions, with BLACKROCK INC. being the largest institutional investor. By 2024-06-30, it held 5.1973% of the shares, which is about 3.01 million shares worth $22.13 million.
STATE STREET CORP, with 1.6632% or 0.96 million shares worth $7.07 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
iShares Russell 2000 ETF and Fidelity Small Cap Index Fund were the top two Mutual Funds as of Dec 31, 2024 . The former held 1.47 shares worth $8.65 million, making up 2.54% of all outstanding shares. On the other hand, Fidelity Small Cap Index Fund held roughly 557.7 shares worth around $3.29 million, which represents about 0.97% of the total shares outstanding.
