A new trading day began on Monday, with Nano X Imaging Ltd (NASDAQ: NNOX) stock price up 4.88% from the previous day of trading, before settling in for the closing price of $8.60. NNOX’s price has ranged from $4.89 to $22.69 over the past 52 weeks.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
Over the past five-year period, the growth rate of yearbook sales for the company of the Healthcare sector was 114.66%. Meanwhile, its annual earnings per share averaged 16.20%. With a float of $51.01 million, this company’s outstanding shares have now reached $57.78 million.
Nano X Imaging Ltd (NNOX) Breakdown of a Key Holders of the stock
As we move forward, let’s examine how large-scale investors are investing in this stock of the Medical Devices Industry. The insider ownership of Nano X Imaging Ltd is 10.97%, while institutional ownership is 20.95%.
Nano X Imaging Ltd (NNOX) Recent Fiscal highlights
In its latest quarterly report, released on 12/31/2023, the company reported earnings of -$0.18 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.25 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 16.20% per share during the next fiscal year.
Nano X Imaging Ltd (NASDAQ: NNOX) Trading Performance Indicators
Here are Nano X Imaging Ltd’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 5.56. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 52.14.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.08, a number that is poised to hit -0.26 in the next quarter and is forecasted to reach -0.47 in one year’s time.
Technical Analysis of Nano X Imaging Ltd (NNOX)
Compared to the last year’s volume of 3.42 million, its volume of 0.98 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 12.28%. Additionally, its Average True Range was 0.81.
During the past 100 days, Nano X Imaging Ltd’s (NNOX) raw stochastic average was set at 41.69%, which indicates a significant increase from 18.56% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 70.79% in the past 14 days, which was lower than the 120.71% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $9.83, while its 200-day Moving Average is $8.23. Nevertheless, the first resistance level for the watch stands at $9.21 in the near term. At $9.40, the stock is likely to face the second major resistance level. The third major resistance level sits at $9.70. If the price goes on to break the first support level at $8.72, it is likely to go to the next support level at $8.42. Now, if the price goes above the second support level, the third support stands at $8.23.
Nano X Imaging Ltd (NASDAQ: NNOX) Key Stats
With a market capitalization of 516.76 million, the company has a total of 55,150K Shares Outstanding. Currently, annual sales are 9,910 K while annual income is -60,780 K. The company’s previous quarter sales were 2,400 K while its latest quarter income was -10,250 K.
