On Tuesday, Nano X Imaging Ltd (NASDAQ: NNOX) opened higher 6.35% from the last session, before settling in for the closing price of $5.67. Price fluctuations for NNOX have ranged from $5.26 to $14.28 over the past 52 weeks.
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Healthcare Sector giant saw their annual sales surged by 114.66% over the last five years. Company’s average yearly earnings per share was noted 19.04% at the time writing. With a float of $53.02 million, this company’s outstanding shares have now reached $57.78 million.
The firm has a total of 164 workers. Let’s measure their productivity. In terms of profitability, gross margin is -83.72%, operating margin of -619.55%, and the pretax margin is -570.65%.
Nano X Imaging Ltd (NNOX) Insider Activity
A key investor’s attitude towards the stock of the Medical Devices industry is another important factor to consider. The insider ownership of Nano X Imaging Ltd is 9.37%, while institutional ownership is 18.45%.
Nano X Imaging Ltd (NNOX) Earnings and Forecasts
If we go through the results of last quarter, which was made public on 6/30/2024, the company posted -0.37 earnings per share (EPS) for the quarter, coming under the agreed prediction (set at -0.3) by -0.07. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.22 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 19.04% per share during the next fiscal year.
Nano X Imaging Ltd (NASDAQ: NNOX) Trading Performance Indicators
Check out the current performance indicators for Nano X Imaging Ltd (NNOX). In the past quarter, the stock posted a quick ratio of 5.09. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 34.82.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.00, a number that is poised to hit -0.22 in the next quarter and is forecasted to reach -0.45 in one year’s time.
Technical Analysis of Nano X Imaging Ltd (NNOX)
Analysing the last 5-days average volume posted by the [Nano X Imaging Ltd, NNOX], we can find that recorded value of 0.57 million was lower than the volume posted last year of 1.79 million. As of the previous 9 days, the stock’s Stochastic %D was 52.26%. Additionally, its Average True Range was 0.26.
During the past 100 days, Nano X Imaging Ltd’s (NNOX) raw stochastic average was set at 11.84%, which indicates a significant decrease from 78.33% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 47.51% in the past 14 days, which was lower than the 66.07% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $6.06, while its 200-day Moving Average is $7.88. Now, the first resistance to watch is $6.16. This is followed by the second major resistance level at $6.30. The third major resistance level sits at $6.55. If the price goes on to break the first support level at $5.77, it is likely to go to the next support level at $5.52. Should the price break the second support level, the third support level stands at $5.38.
Nano X Imaging Ltd (NASDAQ: NNOX) Key Stats
There are currently 57,779K shares outstanding in the company with a market cap of 352.76 million. Presently, the company’s annual sales total 9,910 K according to its annual income of -60,780 K. Last quarter, the company’s sales amounted to 2,700 K and its income totaled -13,580 K.
