Analytical Lens: Exploring Nano X Imaging Ltd (NNOX)’s Financial Story Through Ratios

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The closing price of Nano X Imaging Ltd (NASDAQ: NNOX) was $5.04 for the day, down -2.14% from the previous closing price of $5.15. In other words, the price has decreased by -$2.14 from its previous closing price. On the day, 0.83 million shares were traded.

Ratios:

Our analysis of NNOX’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 5.52 and its Current Ratio is at 5.63. In the meantime, Its Debt-to-Equity ratio is 0.04 whereas as Long-Term Debt/Eq ratio is at 0.02.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, D. Boral Capital on January 06, 2025, initiated with a Buy rating and assigned the stock a target price of $23.

On September 08, 2023, Alliance Global Partners started tracking the stock assigning a Buy rating and target price of $14.50.

On January 05, 2023, Cantor Fitzgerald started tracking the stock assigning a Overweight rating and target price of $21.Cantor Fitzgerald initiated its Overweight rating on January 05, 2023, with a $21 target price.

Valuation Measures:

For the stock, the TTM Price-to-Sale (P/S) ratio is 28.49 while its Price-to-Book (P/B) ratio in mrq is 1.70.

Stock Price History:

Over the past 52 weeks, NNOX has reached a high of $11.00, while it has fallen to a 52-week low of $3.75. The 50-Day Moving Average of the stock is -5.69%, while the 200-Day Moving Average is calculated to be -22.48%.

Shares Statistics:

A total of 63.76M shares are outstanding, with a floating share count of 57.85M. Insiders hold about 9.27% of the company’s shares, while institutions hold 21.33% stake in the company.

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