The trading price of Nano X Imaging Ltd (NASDAQ:NNOX) floating lower at last check on Monday, July 15, closing at $8.86, -0.56% lower than its previous close.
In examining the 52-week price action we see that the stock hit a 52-week high of $16.52 and a 52-week low of $4.89. Over the past month, the stock has gained 13.88% in value.
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Nano X Imaging Ltd, whose market valuation is $511.93 million at the time of this writing. Investors’ optimism about the company’s current quarter earnings report is understandable. Analysts have predicted the quarterly earnings per share to grow by -0.22 per share this quarter, however they have predicted annual earnings per share of -0.87 for current year and -0.54 for next year.
Analysts have forecast the company to bring in revenue of 3.93M for the current quarter, with the likely lows of 3.18M and highs of 5.31M. From the analysts’ viewpoint, the consensus estimate for the company’s annual revenue is 15.66M.
On the technical side, indicators suggest NNOX has a 50% Sell on average for the short term. According to the data of the stock’s medium term indicators, the stock is currently averaging as a 50% Buy, while an average of long term indicators suggests that the stock is currently 50% Buy.
A quick review shows that NNOX’s price is currently 21.46% off the SMA20 and 6.81% off the SMA50. The RSI metric on the 14-day chart is currently showing 64.34, and weekly volatility stands at 7.92%. When measured over the past 30 days, the indicator reaches 5.87%. Nano X Imaging Ltd (NASDAQ:NNOX)’s beta value is currently sitting at 2.06, while the Average True Range indicator is currently displaying 0.49.
To see how Nano X Imaging Ltd stock has been performing today in comparison to its peers in the industry, here are the numbers: NNOX stock’s performance was -0.56% at last check in today’s session, and -44.31% in the past year.
An evaluation of the daily trading volume of Nano X Imaging Ltd (NASDAQ:NNOX) indicates that the 3-month average is 984.99K.
Currently, records show that 57.78 million of the company’s shares remain outstanding. The insiders hold 9.49% of outstanding shares, whereas institutions hold 16.70%. However, since the stock’s price has seen 39.09% year-to-date, investors’ interest is likely to be reignited due to its potential to move even higher.
