On Monday, Nano X Imaging Ltd (NASDAQ: NNOX) opened higher 4.37% from the last session, before settling in for the closing price of $5.04. Price fluctuations for NNOX have ranged from $3.75 to $11.00 over the past 52 weeks.
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Company’s average yearly earnings per share was noted 13.56% at the time writing. With a float of $63.43 million, this company’s outstanding shares have now reached $63.82 million.
Let’s determine the extent of company efficiency that accounts 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 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 0.53%, while institutional ownership is 23.40%.
Nano X Imaging Ltd (NNOX) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.15 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 13.56% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 36.35% 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
Check out the current performance indicators for Nano X Imaging Ltd (NNOX). In the past quarter, the stock posted a quick ratio of 5.16. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 29.04.
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 -0.42 in one year’s time.
Technical Analysis of Nano X Imaging Ltd (NNOX)
Looking closely at Nano X Imaging Ltd (NASDAQ: NNOX), its last 5-days average volume was 0.83 million, which is a drop from its year-to-date volume of 1.99 million. As of the previous 9 days, the stock’s Stochastic %D was 23.04%. Additionally, its Average True Range was 0.28.
During the past 100 days, Nano X Imaging Ltd’s (NNOX) raw stochastic average was set at 28.17%, which indicates a significant decrease from 38.67% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 51.19% in the past 14 days, which was lower than the 67.10% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $5.11, while its 200-day Moving Average is $6.18. However, in the short run, Nano X Imaging Ltd’s stock first resistance to watch stands at $5.35. Second resistance stands at $5.44. The third major resistance level sits at $5.60. If the price goes on to break the first support level at $5.10, it is likely to go to the next support level at $4.94. Should the price break the second support level, the third support level stands at $4.85.
Nano X Imaging Ltd (NASDAQ: NNOX) Key Stats
There are currently 57,779K shares outstanding in the company with a market cap of 335.39 million. Presently, the company’s annual sales total 11,280 K according to its annual income of -53,520 K. Last quarter, the company’s sales amounted to 2,820 K and its income totaled -13,240 K.
