Nano X Imaging Ltd (NASDAQ:NNOX) Down Almost -16.67% In 1 Month, Long Term Looking Good As Well

In last trading session, Nano X Imaging Ltd (NASDAQ:NNOX) saw 1.21 million shares changing hands with its beta currently measuring 1.96. Company’s recent per share price level of $5.10 trading at $0.12 or 2.41% at ring of the bell on the day assigns it a market valuation of $325.18M. That closing price of NNOX’s stock is at a discount of -115.69% from its 52-week high price of $11.00 and is indicating a premium of 26.47% from its 52-week low price of $3.75. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 1.36 million shares which gives us an average trading volume of 2.01 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 2.41%, in the last five days NNOX remained trading in the green while hitting it’s week-highest on Wednesday, 04/23/25 when the stock touched $5.10 price level, adding 5.9% to its value on the day. Nano X Imaging Ltd’s shares saw a change of -29.17% in year-to-date performance and have moved 8.51% in past 5-day. Nano X Imaging Ltd (NASDAQ:NNOX) showed a performance of -16.67% in past 30-days. Number of shares sold short was 7.83 million shares which calculate 4.72 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 71.67% 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 -252.94% in reaching the projected high whereas dropping to the targeted low would mean a loss of -252.94% for stock’s current value.

Nano X Imaging Ltd (NNOX) estimates and forecasts

This year revenue growth is estimated to rise 101.71% 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 4.84M 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 19.11% while estimates for its earnings growth in next 5 years are of 66.95%.

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

Insiders are in possession of 8.25% of company’s total shares while institution are holding 22.77 percent of that, with stock having share float percentage of 24.82%. Investors also watch the number of corporate investors in a company very closely, which is 22.77% 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 Mar 31, 2025 , the former fund manager was holding 1.46 shares of worth $7.45 million or 2.53% 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 $2.79 million in the company or a holder of 0.95% of company’s stock.