Nano Dimension Ltd ADR (NASDAQ:NNDM) price on Friday, March 21, fall -0.94% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $2.11.
A look at the stock’s price movement, the close in the last trading session was $2.13, moving within a range at $2.07 and $2.13. The beta value (5-Year monthly) was 1.442. Turning to its 52-week performance, $3.00 and $2.04 were the 52-week high and 52-week low respectively. Overall, NNDM moved -8.66% over the past month.
Nano Dimension Ltd ADR’s market cap currently stands at around $462.60 million, with investors looking forward to this quarter’s earnings report slated for on 2021-Mar-10.
Turning to the stock’s technical picture we see that short term indicators suggest on average that NNDM is a 100% Sell. On the other hand, the stock is on average a 25% Buy as suggested by medium term indicators while long term indicators are putting the stock in 50% Sell category.
NNDM’s current price about -2.47% and -8.45% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 39.84, while 7-day volatility ratio is 2.84% and 3.73% in the 30-day chart. Further, Nano Dimension Ltd ADR (NNDM) has a beta value of 1.28, and an average true range (ATR) of 0.09.
If we refocus on Nano Dimension Ltd ADR (NASDAQ:NNDM), historical trading data shows that trading volumes averaged 1.01 over the past 10 days and 2.04 million over the past 3 months. The company’s latest data on shares outstanding shows there are 219.24 million shares.
The 0.06% of Nano Dimension Ltd ADR’s shares are in the hands of company insiders while institutional holders own 34.75% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 13.51 million on 2025-02-28, giving us a short ratio of 5.79. The data shows that as of 2025-02-28 short interest in Nano Dimension Ltd ADR (NNDM) stood at 632.00004 of shares outstanding, with shares short rising to 12.84 million registered in 2025-01-31. Current price change has pushed the stock -14.92% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the NNDM stock continues to rise going into the next quarter.
