Nano Dimension Ltd ADR (NASDAQ:NNDM) traded at $2.62 at close of the session on Monday, January 06 and made an upward move of 4.80% on its previous day’s price.
Looking at the stock we see that its previous close was $2.50 and the beta (5Y monthly) reads 1.662 with the day’s price range being $2.45 – $2.68. In terms of its 52-week price range, NNDM has a high of $3.01 and a low of $2.04. The company’s stock has gained about 21.86% over that past 30 days.
Nano Dimension Ltd ADR has a market cap of $574.41 million and is expected to release its quarterly earnings report in February.
On the other hand, looking at the outlook for the NNDM stock, short term indicators assign the stock an average of 100% Buy, while medium term indicators assign it an average of 50% Buy.
Looking further, we note the current price level is 5.86% off its SMA20 and 13.76% from its 50-day simple moving average. The RSI (14) is pointing at 61.05 while the volatility over the past week is 4.97% and jumps to 5.70% over the past one month. The beta value is 1.62, while the average true range (ATR) is currently pointing at 0.13.
Coming back to Nano Dimension Ltd ADR (NASDAQ:NNDM), we note that the average 3-month trading volume was 1.53 million, while that of the preceding 10-day period stands at 2.14 million. Current shares outstanding are 219.24 million.
The insiders hold 0.06% of the company’s shares while institutions hold 27.24%. The data shows that short shares as of 2024-10-31, stood at 15.43 million at a short ratio of 19.92. This represents a 722.00 short interest in shares outstanding on 2024-10-31. Shares short fall in October from the previous month at 16.17 million. Investors should be excited about this stock as its upside potential is great, with current price pushing the stock 5.65% up in year-to-date price movement.
