Nano X Imaging Ltd (NNOX) concluded trading on Thursday at a closing price of $9.50, with 46.86 million shares of worth about $445.21 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 5.09% during that period and on Thursday the price saw a gain of about 49.37%. Currently the company’s common shares owned by public are about 55.09M shares, out of which, 51.09M shares are available for trading.
Stock saw a price change of 65.51% in past 5 days and over the past one month there was a price change of 69.95%. Year-to-date (YTD), NNOX shares are showing a performance of 49.14% which increased to 20.56% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $4.89 but also hit the highest price of $22.69 during that period. The average intraday trading volume for Nano X Imaging Ltd shares is 820.31K. The stock is currently trading 65.75% above its 20-day simple moving average (SMA20), while that difference is up 56.03% for SMA50 and it goes to -3.38% lower than SMA200.
Nano X Imaging Ltd (NASDAQ: NNOX) currently have 55.09M outstanding shares and institutions hold larger chunk of about 20.67% of that.
The stock has a current market capitalization of $544.25M and its 3Y-monthly beta is at 1.82. It has posted earnings per share of -$1.76 in the same period. It has Quick Ratio of 4.87 while making debt-to-equity ratio of 0.03. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for NNOX, volatility over the week remained 15.55% while standing at 8.23% over the month.
Analysts are in expectations that Nano X Imaging Ltd (NNOX) stock would likely to be making an EPS of -$0.3 in the current quarter, while forecast for next quarter EPS is -$0.28 and it is -$1.02 for next year. For the current quarter EPS, analysts have given the company a lowest target -$0.38 which is -$0.24 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of -$0.86 in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 39.64% while it is estimated to increase by 16.21% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Alliance Global Partners on September 08, 2023 offering a Buy rating for the stock and assigned a target price of $14.50 to it.
