A new trading day began on Tuesday, with Nano X Imaging Ltd (NASDAQ: NNOX) stock price down -3.11% from the previous day of trading, before settling in for the closing price of $5.15. NNOX’s price has ranged from $3.75 to $11.00 over the past 52 weeks.
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Annual sales at Healthcare sector company grew by 117.44% over the past five years. Meanwhile, its annual earnings per share averaged 19.11%. With a float of $57.85 million, this company’s outstanding shares have now reached $63.76 million.
Let’s look at the performance matrix of the company that is accounted for 165 employees. In terms of profitability, gross margin is -94.89%, operating margin of -502.57%, and the pretax margin is -477.48%.
Nano X Imaging Ltd (NNOX) Insider Updates
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 9.27%, while institutional ownership is 21.53%.
Nano X Imaging Ltd (NNOX) Performance Highlights and Predictions
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.16 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 19.11% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 66.95% during the next five years compared to -13.07% drop over the previous five years of trading.
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 5.52. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 28.21.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.91, a number that is poised to hit -0.19 in the next quarter and is forecasted to reach -0.32 in one year’s time.
Technical Analysis of Nano X Imaging Ltd (NNOX)
Nano X Imaging Ltd (NASDAQ: NNOX) saw its 5-day average volume 0.76 million, a negative change from its year-to-date volume of 2.42 million. As of the previous 9 days, the stock’s Stochastic %D was 71.57%. Additionally, its Average True Range was 0.38.
During the past 100 days, Nano X Imaging Ltd’s (NNOX) raw stochastic average was set at 17.10%, which indicates a significant decrease from 72.26% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 91.94% in the past 14 days, which was lower than the 94.13% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $5.46, while its 200-day Moving Average is $6.58. Nevertheless, the first resistance level for the watch stands at $5.11 in the near term. At $5.23, the stock is likely to face the second major resistance level. The third major resistance level sits at $5.29. If the price goes on to break the first support level at $4.93, it is likely to go to the next support level at $4.87. Assuming the price breaks the second support level, the third support level stands at $4.75.
Nano X Imaging Ltd (NASDAQ: NNOX) Key Stats
With a market capitalization of 318.17 million, the company has a total of 57,779K Shares Outstanding. Currently, annual sales are 11,280 K while annual income is -53,520 K. The company’s previous quarter sales were 3,000 K while its latest quarter income was -14,060 K.
