Currently, there are 58.52M common shares owned by the public and among those 53.02M shares have been available to trade.
The company’s stock has a 5-day price change of 31.36% and 57.01% over the past three months. NNOX shares are trading 38.47% year to date (YTD), with the 12-month market performance up to 60.29% higher. It has a 12-month low price of $5.26 and touched a high of $14.28 over the same period. NNOX has an average intraday trading volume of 2.56 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 30.61%, 48.58%, and 32.00% respectively.
Institutional ownership of Nano X Imaging Ltd (NASDAQ: NNOX) shares accounts for 18.27% of the company’s 58.52M shares outstanding.
It has a market capitalization of $608.23M and a beta (3y monthly) value of 1.96. The earnings-per-share (ttm) stands at -$0.86. Price movements for the stock have been influenced by the stock’s volatility, which stands at 17.00% over the week and 12.61% over the month.
Earnings per share for the fiscal year are expected to increase by 15.43%, and 24.82% over the next financial year.
Looking at the support for the NNOX, a number of firms have released research notes about the stock. D. Boral Capital stated their Buy rating for the stock in a research note on Jan-07-25, with the firm’s price target at $23. Alliance Global Partners coverage for the Nano X Imaging Ltd (NNOX) stock in a research note released on September 08, 2023 offered a Buy rating with a price target of $14.50. Cantor Fitzgerald was of a view on January 05, 2023 that the stock is Overweight, while Ladenburg Thalmann gave the stock Buy rating on April 19, 2021, issuing a price target of $52. Oppenheimer on their part issued Perform rating on September 15, 2020.
