Nano X Imaging Ltd (NASDAQ: NNOX) on Monday, plunged -10.10% from the previous trading day, before settling in for the closing price of $6.04. Within the past 52 weeks, NNOX’s price has moved between $5.27 and $12.28.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Healthcare sector was 143.32%. The company achieved an average annual earnings per share of 17.59%. With a float of $53.08 million, this company’s outstanding shares have now reached $58.52 million.
Considering the fact that the conglomerate employs 164 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is -89.25%, operating margin of -514.85%, and the pretax margin is -468.6%.
Nano X Imaging Ltd (NNOX) Breakdown of a Key Holders of the stock
Observing investor behavior towards Medical Devices industry stocks is more important than anything else. The insider ownership of Nano X Imaging Ltd is 9.27%, while institutional ownership is 23.47%.
Nano X Imaging Ltd (NNOX) Recent Fiscal highlights
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.18 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 17.59% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 46.27% during the next five years compared to -91.56% drop over the previous five years of trading.
Nano X Imaging Ltd (NASDAQ: NNOX) Trading Performance Indicators
Nano X Imaging Ltd (NNOX) is currently performing well based on its current performance indicators. A quick ratio of 4.56 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 29.74.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.86, a number that is poised to hit -0.23 in the next quarter and is forecasted to reach -0.70 in one year’s time.
Technical Analysis of Nano X Imaging Ltd (NNOX)
Compared to the last year’s volume of 3.26 million, its volume of 2.26 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 34.34%. Additionally, its Average True Range was 0.53.
During the past 100 days, Nano X Imaging Ltd’s (NNOX) raw stochastic average was set at 2.79%, which indicates a significant decrease from 8.68% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 77.73% in the past 14 days, which was lower than the 94.26% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $7.35, while its 200-day Moving Average is $7.02. Nevertheless, the first resistance level for the watch stands at $5.73 in the near term. At $6.04, the stock is likely to face the second major resistance level. The third major resistance level sits at $6.25. If the price goes on to break the first support level at $5.21, it is likely to go to the next support level at $5.00. Now, if the price goes above the second support level, the third support stands at $4.69.
Nano X Imaging Ltd (NASDAQ: NNOX) Key Stats
Market capitalization of the company is 317.65 million based on 57,779K outstanding shares. Right now, sales total 9,910 K and income totals -60,780 K. The company made 3,030 K in profit during its latest quarter, and -13,640 K in sales during its previous quarter.
