In last trading session, Nano X Imaging Ltd (NASDAQ:NNOX) saw 1.2 million shares changing hands with its beta currently measuring 2.03. Company’s recent per share price level of $4.91 trading at $0.08 or 1.66% at ring of the bell on the day assigns it a market valuation of $287.23M. That closing price of NNOX’s stock is at a discount of -131.98% from its 52-week high price of $11.39 and is indicating a premium of 6.11% from its 52-week low price of $4.61. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 1.41 million shares which gives us an average trading volume of 2.79 million if we extend that period to 3-months.
For Nano X Imaging Ltd (NNOX), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.00. Splitting up the data highlights that, out of 2 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 2 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -0.15 in the current quarter.
Nano X Imaging Ltd (NASDAQ:NNOX) trade information
Upright in the green during last session for gaining 1.66%, in the last five days NNOX remained trading in the red while hitting it’s week-highest on Thursday, 03/27/25 when the stock touched $4.91 price level, adding 13.86% to its value on the day. Nano X Imaging Ltd’s shares saw a change of -31.81% in year-to-date performance and have moved -12.48% in past 5-day. Nano X Imaging Ltd (NASDAQ:NNOX) showed a performance of -18.57% in past 30-days. Number of shares sold short was 7.77 million shares which calculate 2.91 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 18 to the stock, which implies a rise of 72.72% to its current value. Analysts have been projecting 18 as a low price target for the stock while placing it at a high target of 18. It follows that stock’s current price would drop -266.6% in reaching the projected high whereas dropping to the targeted low would mean a loss of -266.6% for stock’s current value.
Nano X Imaging Ltd (NNOX) estimates and forecasts
This year revenue growth is estimated to rise 101.64% from the last financial year’s standing.
4 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 3.98M for the same. And 4 analysts are in estimates of company making revenue of 4.85M in the next quarter. Company posted 2.55M and 2.7M of sales in current and next quarters respectively a year earlier.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -13.07% during past 5 years. In 2025, company’s earnings growth rate is likely to be around 19.23% while estimates for its earnings growth in next 5 years are of 66.24%.
Nano X Imaging Ltd (NASDAQ:NNOX)’s Major holders
Insiders are in possession of 8.99% of company’s total shares while institution are holding 24.80 percent of that, with stock having share float percentage of 27.25%. Investors also watch the number of corporate investors in a company very closely, which is 24.80% institutions for Nano X Imaging Ltd that are currently holding shares of the company. BLACKROCK INC. is the top institutional holder at NNOX for having 3.01 million shares of worth $22.13 million. And as of 2024-06-30, it was holding 5.1973 of the company’s outstanding shares.
The second largest institutional holder is STATE STREET CORP, which was holding about 0.96 million shares on 2024-06-30. The number of shares represents firm’s hold over 1.6602 of outstanding shares, having a total worth of $7.07 million.
On the other hand, iShares Trust-iShares Russell 2000 ETF and Fidelity Salem Street Trust-Fidelity Small Cap Index Fund are the top two Mutual Funds which own company’s shares. As of Feb 28, 2025 , the former fund manager was holding 1.42 shares of worth $6.99 million or 2.46% of the total outstanding shares. The later fund manager was in possession of 547.45 shares on Jan 31, 2025 , making its stake of worth around $2.69 million in the company or a holder of 0.95% of company’s stock.
