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The closing price of Nano X Imaging Ltd (NASDAQ: NNOX) was $8.98 for the day, up 0.22% from the previous closing price of $8.96. In other words, the price has increased by $0.22 from its previous closing price. On the day, 0.54 million shares were traded. NNOX stock price reached its highest trading level at $9.1 during the session, while it also had its lowest trading level at $8.855.
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 5.56 and its Current Ratio is at 5.71. 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, Alliance Global Partners on September 08, 2023, initiated with a Buy rating and assigned the stock a target price of $14.50.
On January 05, 2023, Cantor Fitzgerald started tracking the stock assigning a Overweight rating and target price of $21.
On April 19, 2021, Ladenburg Thalmann started tracking the stock assigning a Buy rating and target price of $52.Ladenburg Thalmann initiated its Buy rating on April 19, 2021, with a $52 target price.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, NNOX now has a Market Capitalization of 518855392 and an Enterprise Value of 444868704. For the stock, the TTM Price-to-Sale (P/S) ratio is 52.36 while its Price-to-Book (P/B) ratio in mrq is 2.65. Its current Enterprise Value per Revenue stands at 44.914 whereas that against EBITDA is -9.328.
Stock Price History:
The Beta on a monthly basis for NNOX is 2.15, which has changed by -0.1996435 over the last 52 weeks, in comparison to a change of 0.24191546 over the same period for the S&P500. Over the past 52 weeks, NNOX has reached a high of $22.69, while it has fallen to a 52-week low of $4.89. The 50-Day Moving Average of the stock is -10.75%, while the 200-Day Moving Average is calculated to be 10.73%.
Shares Statistics:
NNOX traded an average of 4.05M shares per day over the past three months and 827890 shares per day over the past ten days. A total of 57.78M shares are outstanding, with a floating share count of 51.44M. Insiders hold about 10.97% of the company’s shares, while institutions hold 20.79% stake in the company. Shares short for NNOX as of 1713139200 were 7760771 with a Short Ratio of 1.92, compared to 1710460800 on 8845472. Therefore, it implies a Short% of Shares Outstanding of 7760771 and a Short% of Float of 14.08.
Earnings Estimates
The firm’s stock currently is rated by 2.0 analysts. On average, analysts expect EPS of -$0.26 for the current quarter, with a high estimate of -$0.24 and a low estimate of -$0.28, while EPS last year was -$0.21. The consensus estimate for the next quarter is -$0.25, with high estimates of -$0.23 and low estimates of -$0.28.
Analysts are recommending an EPS of between -$0.86 and -$0.95 for the fiscal current year, implying an average EPS of -$0.9. EPS for the following year is -$0.46, with 2.0 analysts recommending between -$0.28 and -$0.65.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 2 analysts. It ranges from a high estimate of $4.53M to a low estimate of $4.3M. As of the current estimate, Nano X Imaging Ltd’s year-ago sales were $2.45MFor the next quarter, 2 analysts are estimating revenue of $5.35M. There is a high estimate of $5.6M for the next quarter, whereas the lowest estimate is $5.1M.
A total of 2 analysts have provided revenue estimates for NNOX’s current fiscal year. The highest revenue estimate was $26.8M, while the lowest revenue estimate was $22.3M, resulting in an average revenue estimate of $24.55M. In the same quarter a year ago, actual revenue was $9.9MBased on 2 analysts’ estimates, the company’s revenue will be $74.49M in the next fiscal year. The high estimate is $104M and the low estimate is $44.98M.
