Nano Dimension Ltd. (NNDM): Time to Buy this stock

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Nano Dimension Ltd. (NASDAQ:NNDM) changes shares on Thursday trading session, with a change of -2.22% or -$0.05 shares. The trading starts at $2.21 and closed at $2.25 throughout the day. The trading session low price was $2.16 and day high was $2.29 on Thursday, June 25. After the session, the Technology sector daily volume shifted to 1.88 million while its average volume is 11.81M. In other hand, the NNDM market cap reached to $101.34M. While, its current target price is $2.20 according to WSJ.

Checking out the performance report which defines the increase or decrease of prices for a specific period. For the last 5 trading sessions, its performance is up 0.46% and down -15.06% for month. Its quarterly performance was 215.59% above, while its half year performance is down -12.14%. NNDM yearly performance stood at negative -52.96% and fall -13.04% for year-to-date. Current recommendation for Nano Dimension Ltd. is 1.00.

Earnings per share or EPS is an important financial measure, which defines the profitability of a company. NNDM EPS (TTM) for 12-month is -2.35.

Let’s take a look on the analyst recommendations on NNDM for the current month and previous month. For the current month, 0 of 1 analysts recommend stock as Buy while 0 as Sell, 0 as overweight, 0 as underweight and 1 as Hold. As compared with the previous month ratings, 0 analysts participate in stock recommendation. Out of 0, 0 rated it sell, 0 rated it as Buy and 0 as Hold Ratings. On the other hand, target price ranges from $7.50-$7.50. Average target price for NNDM was reached at $7.50.

The institutional holding shifted to 1.66%.

The company posted an EPS (TTM) of -2.35. Comparing with last year, the average estimated EPS was -2 which is lower than -0.5 which was posted for recent quarter EPS.

A brief look on simple moving average (SMA) that determines the market price can impact a market. The SMA for NNDM fall -0.30% for period of 200 days. SMA for 50 days was 23.75% which is showing green signal, while SMA-20 was -11.22%. The moving average value for Nano Dimension Ltd. (NNDM) is 1.7283 and 2.1830 for 200 and 50 days respectively.